#CryptoFees101

Are you making profits on every trade... but your balance keeps decreasing? Warning!

You may be falling victim to the silent profit killer: cryptocurrency fees. Although they often go unnoticed, these fees can make the difference between a successful wallet... and a losing one.

The most common types of fees:

Maker/Taker fees: when receiving or providing liquidity. On the Binance platform, "makers" pay less.

Network fees: payments for validating transactions. On Ethereum, they can be very high during periods of congestion.

Swap fees: in decentralized exchanges, every token swap incurs liquidity fees.

Withdrawals: every exchange charges a fee for withdrawing funds to an external wallet.

According to a report by The Block, traders who do not optimize their fees lose up to 12% of their annual returns. It's a mistake that can be avoided.