#CryptoFees101

💸 #CryptoFees101

In crypto, fees are not just details… Sometimes they determine your profit or loss!

Learn about the most important types of fees you need to monitor:

1️⃣ Trading Fees:

🟢 Deducted when buying or selling currencies

📊 Vary depending on the platform and account type (Maker/Taker)

2️⃣ Network Fees:

⛓️ Paid to miners or validators

📈 Vary depending on network congestion (for example: Ethereum fees may be high during peak times)

3️⃣ Withdrawal Fees:

🏧 Paid when withdrawing currencies from the platform to your wallet

📌 Some platforms can be more expensive than others!

4️⃣ Hidden Fees:

⚠️ Such as spreads or price changes at the moment of execution

✅ Monitor the real price compared to the transaction price

🎯 Every Satoshi counts… Understand the fees, and reduce costs!