#CryptoFees101 CryptoFees: How do crypto fees affect your profits?

#CryptoFees101

In crypto trading, every penny counts. Understanding the types of fees is the key to preserving profit! Here are the

Main types of fees:

1. Taker Fee: you take liquidity, so you pay more.

2. Maker Fee: you create liquidity, so you pay less.

3. Withdrawal fees vary for each coin.

4. Hidden spreads: the difference between the buy/sell price. How to reduce costs:

• Choose exchanges with low fees

• Use staking/referral bonuses

• Provide liquidity and earn rewards as a maker

1 The image below visually explains these types $XRP