#CryptoFees101 What You Pay & Why It Matters šŸ’ø

Every crypto transaction comes with a fee—but do you know what you’re actually paying for? Here’s the breakdown:

šŸ”¹ Trading Fees: Charged when you buy/sell crypto on exchanges like Binance.

• Maker Fee: You place an order that adds liquidity (e.g., limit order).

• Taker Fee: You match an existing order (e.g., market order).

Pro tip: Maker fees are often cheaper!

šŸ”¹ Withdrawal Fees: You pay this when moving crypto off an exchange to a wallet. It varies by token and network congestion.

šŸ”¹ Gas Fees (for DEXs): If you’re using platforms like Uniswap, you pay a fee to miners/validators to process the transaction.

šŸ’” Why it matters:

Lower fees = more profit in your pocket. Always check and compare fee structures before trading or transferring!

Maximize gains by understanding the costs. Trade smart, not just fast. šŸ’¼