#CryptoFees101 In the world of cryptocurrency trading, there are several types of fees that affect the trader's profits, such as: trading fees (maker/taker), withdrawal fees, network fees. Maker fees are generally lower because they add liquidity, while takers pay more because they withdraw liquidity from the market. Some platforms like Binance offer discounts when using tokens like BNB for fee payment.
To reduce costs, I use limit orders instead of market orders, and I take advantage of periods when the platform offers temporary discounts. I also make sure to trade high liquidity pairs to avoid slippage. Monitoring network fees before withdrawal is also an important step.