#CryptoFees101
#CryptoFees101 🚨 Crypto Fees 101: What Every Trader Should Know 🚨
Trading on major crypto exchanges? 💱 Don’t let hidden fees drain your profits. Here’s how to trade smarter and save more:
🔹 Maker Fees = Add liquidity (limit orders)
🔹 Taker Fees = Remove liquidity (market orders)
📉 Standard fees start around 0.1% — but you can cut costs by:
• Trading with higher volumes
• Using the exchange’s native token
• Taking advantage of loyalty perks & promos
💸 Deposits are usually free
💸 Withdrawals depend on network traffic — congestion = higher costs
⛽ Don’t forget gas fees! These fluctuate with blockchain activity.
🕒 Pro tip: Transfer during off-peak hours to reduce costs.
✅ Fee-Saving Strategies:
• Use limit orders when possible
• Batch or consolidate trades
• Keep an eye on fee structures & promos
Trade smart. Keep more of your gains. 💼🚀