● Crypto Fees Explained – Stop Losing Money Silently!
Most beginners ignore fees when trading — and that’s where they lose money silently 💸
Here’s a quick breakdown of common crypto fees you should ALWAYS check:
🔹 Trading Fees
Charged when you buy/sell crypto on an exchange
Binance: ~0.1% standard
💡 Tip: Use BNB to pay fees and get 25% discount
🔹 Withdrawal Fees
Fee to move your crypto out of the exchange
Varies by coin (e.g., BTC is higher, TRX or LTC is lower) 💡 Plan ahead — don't withdraw tiny amounts too often
🔹 Gas Fees (for DeFi/DEX)
Paid to miners or validators to process your transaction
Ethereum gas can be expensive, but Layer 2 chains like Arbitrum help
🔹 Slippage
Hidden cost when market moves before your trade executes
Common on low-liquidity coins or during high volatility
📌 Tip: Always check the fee summary before confirming ANY trade. Saving 1% on every trade = big gains over time 💰
