#CryptoFees101 🔍 Types of Commissions in Cryptocurrency Trading

1️⃣ Maker and Taker Fees

🟢 Maker: Limit order that adds liquidity (lower fees)

🔴 Taker: Order that consumes liquidity (higher fees)

2️⃣ Withdrawal Fee

💸 Fixed or variable fees depending on the network (ERC-20, BEP-20, etc.)

🌐 Compare networks to choose the most economical one

3️⃣ Conversion Fee

🔄 Spread between buy/sell prices in swaps

⚖️ Varies depending on exchange and trading pair

4️⃣ Financing in Futures

⏳ Periodic payments in perpetual contracts

📈 Based on the difference between market price and index

5️⃣ Hidden Fee (Slippage)

🎢 Additional cost due to low liquidity/volatility

📉 Difference between expected and executed price

⚡ Strategies to Reduce Costs

🐢 Use limit orders (Maker) whenever you can

🔍 Compare fees between different exchanges

🌉 Select economical networks for withdrawals (Polygon, BSC)

🌡️ Avoid trading during volatility spikes

🎁 Take advantage of promotions and cashback programs

💧 Trade in pairs with high liquidity

🔢 Consider VIP programs for trading volume

💡 Extra tip: Some wallets and DEXs offer commission-free trading (but beware of slippage)

Did you know...? Some exchanges refund part of the fees if you use their native token 🤑

(‼️Illustrative image courtesy of Binance)

⚠️ WARNING ⚠️

📌 This is a personal and subjective analysis by Crypto Analyst, it is not advice, and under no circumstances should it be taken as a signal to trade.

💡 Remember that the cryptocurrency market is very volatile and unpredictable, so trade with caution and at your own risk.

🔎 Do your own research! (DYOR)

👤 By Crypto Analyst Latam