#CryptoFees101 #CryptoFees101 #CryptoFees101
Fees in the crypto world may seem simple, but they significantly affect your profits.
When using trading platforms like Binance or Coinbase, fees are charged on every purchase or sale.
The fees are usually divided into two types:
🔹 Maker Fee (when placing an order waiting to be filled)
🔹 Taker Fee (when executing an order directly from the order book)
These fees vary depending on your monthly trading volume and the nature of your account.
In some cases, you may pay lower fees using a token like BNB.
Tip: Monitor the fees before trading, as every uncalculated trade can cost you in the long run.
And don't forget that some wallets and networks