#SouthKoreaCryptoPolicy

🇰🇷💥 What’s brewing in South Korea’s crypto scene?

New rules incoming! 🚨 From July 2024, 80% of assets must go cold 🧊 + strict insurance & licensing! 💼

20% tax hits in Jan 2025 📉

Institutional investors next? 🏦

Global transfers now under radar 🌐👀

#CryptoFees101

🔥 **YOU'RE PAYING 5 TYPES OF CRYPTO FEES… AND #3 WILL SHOCK YOU! 💸**

Stop letting hidden fees DEVOUR your crypto profits! Here’s what exchanges *don’t* want you to know:

1️⃣ **NETWORK/GAS FEES** 🔥

The "invisible tax" paid to miners/validators.

- Bitcoin - Network fees (spikes to $50+ during chaos!)

- Ethereum: Gas fees (hit $200 during NFT mania 😱)

- Solana: Near-zero fees… but watch for meme coin rugs!

2️⃣ TRADING FEES 📉

Exchanges sneak these into EVERY trade:

- Maker fees (0.05-0.10%): You add liquidity → pay LESS

- Taker fees (0.10-0.25%): You take liquidity → pay MORE

👉 Pro tip: Always use limit orders to slash fees!

3️⃣ **WITHDRAWAL FEES** 🚪💸

The "exit tax" to move crypto OFF exchanges:

- Coinbase: $1-$30 (depends on coin)

- Binance - 0.0005 BTC ($35!) for Bitcoin withdrawals

- Kraken - "Free" withdrawals… but only for some coins 😏