#CryptoFees101
🔍 Do you really understand cryptocurrency fees?
The world of cryptocurrencies is not just about buying and selling; there is an important factor that many overlook: fees!
Every trading platform, whether centralized or decentralized, imposes fees when executing trades, withdrawing, and sometimes even when depositing. These fees can be fixed or a percentage, and they directly affect your profits.
For example, trading fees on major platforms like Binance may start from 0.1%, but using BNB can reduce them. On DEX platforms like Uniswap, network fees (Gas fees) may apply, which vary depending on network congestion.
🔐 Fees are not just small details; they are a strategic factor you need to know before making any trading move.
Do you calculate your fees before trading? 🤔