#CryptoFees101
When trading cryptocurrency on Binance, you need to pay different types of fees.
Trading fees apply when you buy or sell crypto, and they depend on your trading volume and Binance VIP level.
Withdrawal fees are charged when you move crypto from Binance to an external wallet, with costs varying based on the coin and network activity.
Deposit fees are usually free, but some payment methods may have extra charges. To save on fees, you can pay using BNB , trade more to qualify for lower rates, and choose blockchain networks with lower transaction costs.
Understanding these fees can help you trade smarter and keep more of your money.
