#CryptoFees101 *#CryptoFees101 – Understanding Crypto Fees*

Here is what you need to know:

💱 1. *Trading Fees*

- Charged by exchanges (Binance, MEXC, etc.)

- Typically between *0.1% and 0.25%* per transaction

- Two types: *maker* (you place an order) and *taker* (you execute an existing order)

🔁 2. *Withdrawal Fees*

- Paid to transfer cryptos to an external wallet

- Vary according to the *network* (e.g. TRC-20 = cheap, ERC-20 = expensive)

🧠 3. *Network Fees (or gas fees)*

- Paid to validators (miners/stakers)

- Very high on Ethereum (ERC-20), low on Tron (TRC-20) or BNB Smart Chain

💼 4. *Hidden Fees*

- Some brokers or wallet apps include fees in the *displayed price* for buying/selling

✅ Tips to reduce fees:

- Use *cheaper networks* (TRC-20, BSC)

- Keep your trades on the same exchange if possible

- Use *native tokens* for discounts (e.g. BNB on Binance).