#CryptoFees101

Crypto Fees 101 – Low fees, high profits… or losing everything for not understanding the fees?

When trading crypto, you not only need to pay attention to the coin price, but transaction fees can also quickly deplete your account if you're not careful.

🔹 Network fee: This is the fee paid to the blockchain to confirm transactions. Ethereum is usually high, while BNB and Polygon are much cheaper.

🔹 Exchange fee: CEX exchanges like Binance and OKX will charge transaction fees (0.1% – 0.2%), and withdrawing coins incurs separate fees.

🔹 Slippage: Especially when swapping tokens, the price can slip if liquidity is low – you might think you're buying cheaply, but end up losing!

⚠️ Don't let every click cost you money unnecessarily.

Calculate the fees carefully before trading, as real profit = earnings after all fees are deducted.

Trade smart, not just fast!