💸Understanding Crypto Fees: Stop Losing Money Silently!💸
Every trade you make on an exchange like Binance isn’t free — there are fees that can eat into your profits if you’re not careful. Let’s break it down:👇
🔵Spot Trading Fees
* Maker: 0.1%
* Taker: 0.1%
💡Tip: Use BNB to pay fees and get a 25% discount!
Futures Trading Fees
* Maker: 0.02%
* Taker: 0.04%
🔥Pro tip: Use limit orders to act as a maker and pay less!
Withdrawals
Every coin has its own withdrawal fee. Always double-check before transferring!
✅Smart Moves:
* Hold BNB to reduce spot fees
* Trade during low-volatility hours to avoid slippage
* Consolidate your trades — don’t overtrade!
Saving on fees = boosting your profits 💹