#CryptoFees101
#CryptoFees101
📊 In crypto trading, fees matter! Here’s a quick Binance-style breakdown:
💸 1. Trading Fees:
Maker Fee: You add liquidity (limit orders) = lower fee
Taker Fee: You take liquidity (market orders) = slightly higher fee
👉 Tip: Use limit orders to pay less.
🔁 2. Conversion Fees:
Swapping assets instantly? Watch out for spread + small fee.
👉 Tip: Compare with spot trading to avoid overpaying.
📤 3. Withdrawal Fees:
👉 Tip: Use low-fee networks like BSC or TRX.
🔧 4. Network/Gas Fees:
Charged by blockchain, not Binance.
👉 Tip: Avoid peak hours; try Layer 2 or BNB Chain.
🎯 Pro Hacks:
✅ Use BNB to pay fees = 25% discount
✅ Join VIP tiers = Lower rates
✅ Stake, hold, and earn rewards = Offset fees
Trade smart. Fee less. 🚀
