#CryptoFees101 🔍 Types of Commissions in Cryptocurrency Trading
1️⃣ Maker and Taker Commissions
🟢 Maker: Limit order that adds liquidity (lower commissions)
🔴 Taker: Order that consumes liquidity (higher commissions)
2️⃣ Withdrawal Commission
💸 Fixed or variable fees depending on the network (ERC-20, BEP-20, etc.)
🌐 Compare networks to choose the most economical one
3️⃣ Conversion Commission
🔄 Spread between buy/sell prices in swaps
⚖️ Varies by exchange and trading pair
4️⃣ Financing in Futures
⏳ Periodic payments in perpetual contracts
📈 Based on the difference between market price and index
5️⃣ Hidden Commission (Slippage)
🎢 Additional cost due to low liquidity/volatility
📉 Difference between expected and executed price
⚡ Strategies to Reduce Costs
🐢 Use limit orders (Maker) whenever you can
🔍 Compare commissions between different exchanges
🌉 Select economical networks for withdrawals (Polygon, BSC)
🌡️ Avoid trading during spikes in volatility
🎁 Take advantage of promotions and cashback programs
💧 Trade in pairs with high liquidity
🔢 Consider VIP programs based on trading volume
💡 Extra tip: Some wallets and DEXs offer commission-free trading (but be careful with slippage)
Did you know...? Some exchanges return part of the commissions if you use their native token 🤑
(‼️Illustrative image courtesy of Binance)
⚠️ WARNING ⚠️
📌 This is a personal and subjective analysis from Cripto Analista, it is not advice, and under no circumstances should it be taken as a signal to trade.
💡 Remember that the cryptocurrency market is very volatile and unpredictable, so trade with caution and at your own risk.
🔎 Do your own research!
