#CryptoFees101 💸 #CryptoFees101 – Where Does Your Money Go? 💸
Trading crypto? Sending coins? Using DeFi? You’re paying fees — here’s what you need to know! 👇
🔍 Types of Crypto Fees:
1️⃣ Trading Fees – Paid to exchanges like Binance when you buy/sell. Usually a % of your trade.
2️⃣ Network/Gas Fees – Paid to the blockchain (e.g. Ethereum, Bitcoin) to process your transaction.
3️⃣ Withdrawal Fees – Charged when moving funds off an exchange to a wallet.
4️⃣ Slippage – Not a fee per se, but the hidden cost of market movement during execution.
💡 Pro Tips to Save:
✅ Use low-fee exchanges like Binance
✅ Trade during low network congestion
✅ Choose cheaper chains (e.g. BNB Chain, Polygon)
✅ Understand Maker vs Taker fees
🎯 Master your moves, protect your profits.
Knowledge is power. Follow #CryptoFees101 and trade smarter, not harder! 📊🔐