#CryptoFees101
💸 Fees in crypto are what slowly but steadily eat into profits. Understanding them is the key to effective trading.
🔍 Main types of fees:
1️⃣ Trading fees — paid at the exchange for each transaction (taker/maker).
2️⃣ Withdrawal fees — for withdrawing assets from the exchange.
3️⃣ Network fees (gas) — paid to miners or validators for processing transactions (especially important in DeFi).
⚙️ How I optimize costs:
• I use limit orders — this helps avoid taker fees and reduces commissions.
• I work with exchanges that offer discounts for using their own tokens (like BNB on Binance).
• I avoid peak loads on the Ethereum network — then gas fees can be astronomical.
• I often group transactions — instead of several small operations, I make one larger one.
💡 Tip: fees are not an "inevitable evil," but a variable that can be controlled. Just a little attention is enough — and you won't pay extra.