#CryptoFees101
Crypto trading fees can be confusing for beginners, but understanding them is crucial for maximizing your returns. Fees usually fall into three categories: maker, taker, and withdrawal fees. Maker fees apply when you place an order that isn’t filled immediately, adding liquidity to the market. Taker fees are charged when your order is matched instantly. Withdrawal fees vary depending on the coin. Binance, for example, has a competitive fee structure, but always check before you trade. Even small percentage differences can add up over time, especially if you're an active trader. Knowledge is key—know your fees before every transaction.