#CryptoFees101 ๐ Is CryptoFees born every trade or conversion? Yes, most times! Every swap ๐ or trade ๐ฑ of crypto like BTC to ETH creates a CryptoFee ๐ธโpaid to the network or platform.
๐จโ๐ป Traders are people who buy and sell crypto ๐, aiming for profit ๐. They analyze markets ๐ and take risks ๐ฅ based on price changes.
๐ฆ Binance's market method uses order books ๐, matching buyers ๐ with sellers ๐ฐ. You choose between maker (adds order) or taker (fills order) roles ๐ค. Each has a different fee โ๏ธ depending on trading volume and VIP level ๐ฏ.