#CryptoFees101 : What Every Trader Should Know

When trading crypto, fees can silently eat into your profits — or even turn gains into losses. Understanding how fees work is essential for smart trading.

🔹 Types of Crypto Fees:

1. Trading Fees:

Charged when buying or selling crypto.

Maker Fee: For placing limit orders

Taker Fee: For market orders (usually higher)

2. Withdrawal Fees:

Charged when moving crypto to another wallet.

Varies by coin and network (e.g., BTC fees > SOL fees)

3. Network Fees (Gas Fees):

Paid to blockchain validators (not exchanges).

Ethereum gas can spike during congestion

Cheaper on networks like BSC, Polygon, or Solana

💡 Tips to Reduce Fees:

Use limit orders to save on taker fees

Choose low-fee networks for transfers

Withdraw in **cheaper coins