#CryptoFees101 Crypto trading involves various fees:
maker fees (for adding liquidity),
taker fees (for removing liquidity),
withdrawal fees, and
network fees tied to blockchain usage.
To reduce costs, I prioritize limit orders over market orders to benefit from lower maker fees. I also trade during off-peak hours to avoid high network congestion and fees.
Consolidating withdrawals and choosing low-fee networks like Tron (TRC20) or Binance Smart Chain also helps.
Holding BNB on Binance gives me trading fee discounts, further optimizing my strategy. Staying fee-aware helps preserve profits in the long run.
CryptoFees101—small savings today can lead to bigger gains tomorrow.