๐ธ Crypto Fees Explained โ Donโt Let Them Drain Your Gains! ๐ธ
Ever made a trade and realized you lost more in fees than profit? ๐ฉ Thatโs why understanding crypto fees is essential!
There are two main types:
๐น Maker Fees โ when you place a limit order and add liquidity.
๐น Taker Fees โ when you place a market order and take liquidity.
On top of that, watch for:
๐ป Gas Fees on blockchains like Ethereum
๐ป Withdrawal Fees when moving assets to wallets or exchanges
๐ป Hidden spreads on low-liquidity pairs
๐ง Tip: Use exchanges with tiered fee discounts, or trade during low network congestion to save big!