đ¸Â CRYPTO FEES 101: Where Your Profits Vanish! đ¸
(Master this or get eaten alive by hidden costs.)
1ď¸âŁ FEE TYPES THAT DRAIN YOU:
Fee TypeWho Charges?Why It HurtsTrading FeeCEXs (Binance, Coinbase)Up to 0.6% per trade!Gas FeeBlockchains (Ethereum, Solana)$10+ per swap during congestion đąWithdrawal FeeExchanges$30 for ETH? Ouch.SlippageDEXs (Uniswap)Price moves before your trade executesSpreadAll platformsHidden gap between buy/sell prices
2ď¸âŁ CEX vs DEX FEE WAR:
CEX (e.g., Binance):
â
Low trading fees (0.1% with BNB)
â High withdrawal fees + KYC overhead
DEX (e.g., Uniswap):
â
No withdrawal fees (self-custody)
â Gas fees + slippage can hit 10%+
3ď¸âŁ GAS FEE HACKS:
â°Â Time It: Trade when chain activity is low (check GasTracker).
đ˘Â Use L2s: Arbitrum, Polygon cut fees by 90% (e.g., Uniswap on Polygon).
đĽÂ Batch Txns: Do multiple actions in one transaction (e.g., DeFi "zaps").
4ď¸âŁ PRO FEE-SLAYING TACTICS:
Binance BNB Discount:Â Hold BNB â pay 25% less trading fees.
DEX Aggregators:Â Use 1inch or Matcha to find lowest slippage.
Limit Orders:Â Avoid slippage on CEXs.
Native Withdrawals:Â Send coins on cheap networks (e.g., USDT via TRON, not ERC-20).
â REALITY CHECK:
*"A $100 trade with 0.5% fees + $15 gas + slippage? You lose $20 before it even pumps. Trade bigger or donât trade."*