#TradingMistakes101 The fees in crypto are a bit like toll fees on a road: they may seem small, but when accumulated, they can slow down your journey to profit 🚗💸

There are several types of fees to know:

⚙️ Maker fees: you add liquidity to the market by placing an order that is not executed immediately.

⚡ Taker fees: you take liquidity by executing an order immediately.

⛽ Gas fees: costs for making transactions on certain blockchains.

💳 Withdrawal fees: costs associated with transferring your assets to another wallet.

To limit these fees, I prioritize times of low congestion on the network, choose platforms with competitive fees, and use maker orders when possible.

Managing your fees is essential to maximize your gains!