#CryptoFees101 View original

#CryptoFees101: The hidden cost that drains your profits



OrangelGilCrypto

May 31



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#TradingTypes101

Do you make profits on every trade… but your balance keeps going down? Alert!

You could be falling victim to the silent killer of profitability: cryptocurrency fees. Although they often go unnoticed, these charges can make the difference between a green portfolio… and a red one.

Most common types of fees:

Taker/Maker Fees: When you take or provide liquidity. On Binance, "makers" pay less.

Network Fees: Payments for validating transactions. On Ethereum, they can be extremely high during congestion periods.

Swap Fees: In DEX, each token swap involves a liquidity fee.

Withdrawals: Each exchange charges 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 profitability. A mistake that can be avoided.