#CryptoFees101

🔺️Smart fee management = more profit 💵📈

Understanding and managing crypto fees is essential for optimizing your trading and investing strategy. 💸

🔹 Maker/taker fees are charged by exchanges: makers add liquidity (usually lower fees), while takers remove it (often higher).

🔹 Gas fees are network transaction costs, especially on blockchains like Ethereum — these vary based on demand.

🔹 Withdrawal fees apply when moving assets off exchanges to wallets.

✅ Tips to reduce fees:

• Use Layer 2 solutions like Arbitrum or Optimism for cheaper transactions.

• Trade during low network activity to minimize gas.

• Choose exchanges with tiered fee discounts based on volume or token holdings (e.g., Binance)

• Use aggregators like 1inch for efficient swaps.

• Withdraw in native tokens when possible (e.g., ETH instead of USDT on ERC-20).

• Consolidate actions to avoid multiple fees.