#CryptoFees101 💸 #CryptoFees101 💸
Understanding fees is key to smart trading! On Binance, there are three main types: trading fees, withdrawal fees, and deposit fees (usually free for crypto). Trading fees can be reduced by using BNB to pay fees or leveling up your VIP tier. Always check the fee schedule before trading — small percentages can add up! Also, watch for network congestion which may increase withdrawal fees. Plan your moves wisely to maximize profits and minimize costs. Knowledge is power in crypto! 📊⚡
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