#CryptoFees101 💸 Commissions in crypto: what are we paying for?

Let's break down the basic concepts 💡

When you trade on an exchange, it's important to consider not only the rate but also the commissions that can "eat up" part of your profit. Here are the main types:

🔹 Trading Fee — commission for a transaction (usually <1%).

🔹 Withdrawal Fee — for withdrawing funds from the exchange.

🔹 Network Fee (Gas) — fee for processing transactions on the blockchain.

💡 Tip:

On Binance, you can reduce the trading fee if you pay in BNB. Also, keep an eye on promotions — there are often zero commissions on certain pairs.

📊 Consider the commissions in any operation — especially if you trade often or in small amounts.