#CryptoFees101#CryptoFees101 While Binance’s fees are low, watch for hidden costs. Trading fees (0.1% for spot) add up with frequent trades, especially without BNB discounts. Withdrawal fees vary by coin—Bitcoin might cost 0.0005 BTC, while altcoins differ. Network congestion can spike withdrawal costs, so timing matters. Margin trading incurs interest alongside fees, and futures trading has funding rates. To avoid surprises, review Binance’s fee schedule before transactions. Plan trades, use BNB for discounts, and choose low-cost networks like BNB Chain. Staying informed ensures you keep more profits and avoid unexpected deductions on Binance.
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