#CryptoFees101

Understanding Crypto Fees: What Every Trader Should Know

When trading crypto, fees might seem small—but they can add up fast and eat into your profits. On platforms like Binance, fees typically include maker and taker fees. A maker adds liquidity to the market by placing limit orders, while a taker removes liquidity by executing against existing orders. Binance offers some of the lowest fees in the industry, starting at just 0.1% for both maker and taker trades—and even lower with BNB discounts.

It's important to factor in withdrawal fees, network fees, and conversion costs too. Smart traders always consider fees as part of their strategy. Don't let hidden costs catch you off guard—know your fees, trade smarter.