#CryptoFees101 Understanding crypto fees is crucial for maximizing your trading profits. Different exchanges and networks apply varying fee structures, including maker and taker fees, withdrawal fees, and gas fees for blockchain transactions. High gas fees on networks like Ethereum can impact profitability, especially during peak congestion. Traders should also consider fee discounts offered by some platforms for using native tokens or increasing trading volume. Smart planning, such as batching transactions or using low-fee times, can help minimize costs. Always review fee breakdowns before confirming trades. A small fee can add up over time and eat into your returns.
*Pair: ETH/USDT*