#CryptoFees101

💸 Crypto Fees: Your Quick Guide 🚀

Understanding fees reduces costs and increases your profits in crypto.

Types of fees:

* Trading fees: Paid when buying or selling (percentage or fixed).

* Deposit and withdrawal fees: When transferring funds to or from the platform.

* Network fees (Gas Fees): For processing transactions on the blockchain, and they vary based on congestion.

* Maker/Taker fees: The maker (adds liquidity) pays less than the taker (takes liquidity).

To reduce fees:

* Choose a platform with low fees (like Binance, OKX, MEXC, Flipster).

* Use limit orders.

* Trade larger amounts to get discounts.

* Pay fees in the platform's currency (if possible).

Remember: Fees change, always ensure you have the latest on your platform!