#CryptoFees101 #CryptoFees101
Understanding crypto fees is key to managing your trading costs. On Centralized Exchanges (CEXs), fees include trading fees (maker/taker), withdrawal fees, and sometimes deposit fees. Maker fees apply when you add liquidity (e.g., limit orders), while taker fees apply when you remove it (e.g., market orders). On Decentralized Exchanges (DEXs), you’ll also pay network (gas) fees, especially on chains like Ethereum. These can vary based on network congestion. Some platforms offer fee discounts through native tokens or VIP tiers. Always check the fee structure before trading—small differences add up, especially for active traders. Minimizing fees = maximizing profit.
