#BigTechStablecoin 💸 Cryptocurrency Transaction Fees – Not Knowing Can Easily 'Burn Your Wallet'!
When participating in the crypto market, there is one thing that always accompanies you everywhere: transaction fees. Whether buying, selling, or withdrawing coins – fees silently nibble away at your account if you’re not paying attention.
📌 Common types of fees:
1. Trading Fee: On CEX exchanges like Binance, it is usually 0.1%, but it can be reduced if you use BNB for payment.
2. Withdrawal Fee: Withdrawing USDT via Ethereum can cost up to $5-$20, while withdrawing via TRON (TRC20) is only a few cents!
3. Gas Fee: For on-chain transactions on the Ethereum network, BNB Chain, Solana… Network congestion → fees increase many times over.
✅ Tips for saving:
• Use cheaper networks (TRC20, BNB Chain).
• Do not withdraw in small amounts, consolidate and withdraw once.
• Use exchange tokens to reduce fees.
Knowing the fees = keeping your wallet. Smart trading means optimizing every little cent 💰