#CryptoFees101 š ā Understanding the Hidden Costs in Crypto Trading!
Did you know that trading fees can significantly impact your overall returns?
Hereās what every crypto trader should know:
Maker vs. Taker Fees: Makers add liquidity, takers remove it. Takers usually pay more.
Withdrawal Fees: Vary by coin and platformāalways double-check before transferring.
Gas Fees: Especially on Ethereum, can spike during network congestion.
Slippage: The price you click may not be the price you getāwatch for it in volatile markets.
š” Pro Tip: Use exchanges like #Binance that offer VIP levels to reduce fees based on your 30-day trading volume.
š Whether you're HODLing or swing trading, keeping an eye on fees protects your gains.
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