#CryptoFees101 a) Trading Fees (trading fees)

These are fees charged by exchanges when you buy or sell cryptocurrencies. They can be:

• Maker fee: If you add liquidity to the market (place a limit order), you usually pay a lower fee.

• Taker fee: If you take liquidity (execute an order at the market price), the fee is higher.

➡️ Example Binance: Maker = 0.10%, Taker = 0.10% (can decrease with BNB).

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b) Withdrawal Fees (withdrawal fees)

Each blockchain has its own cost for processing a transaction. Platforms charge a withdrawal fee to cover these costs. It can be fixed (0.0005 BTC, for example) or variable, depending on network congestion.

➡️ Tip: If you have the option, use cheaper networks like TRON (TRC-20) or Arbitrum instead of Ethereum (ERC-20).