#CryptoFees101

Crypto trading involves several types of fees that can impact your profits if not managed wisely. The most common are:

🔹 Trading Fees – Charged for each buy/sell order, often split into maker (adding liquidity) and taker (removing liquidity) fees.

🔹 Withdrawal Fees – Fees for transferring crypto out of an exchange.

🔹 Network Fees – Paid to miners/validators for processing transactions on the blockchain.

To reduce costs, I use limit orders to pay lower maker fees, choose exchanges with competitive rates, and consolidate withdrawals to avoid multiple network fees. I also keep an eye on fee-free promotions and use native tokens (like BNB on Binance) to get discounts on trading fees.

💡 Tip: Small savings per trade can add up—optimize every move!

Share your cost-saving strategies with #CryptoFees101 and earn Binance points!