🚨 Know the Fees, Protect Your Profits! 🚨
Many traders overlook one of the biggest profit killers: fees. That’s what #CryptoFees101 is really about — helping us understand:
💸 Trading fees
⛽ Network (gas) fees
💳 Withdrawal fees
⚖️ Hidden spreads
👉 The more we know, the more we can adapt our strategy:
✅ Use BNB discounts
✅ Choose low-fee networks
✅ Avoid micro-withdrawals
✅ Monitor swap spreads carefully
Now, here’s where my personal experience comes in…
Just this week, I lost money trading NXPC/USDC. 😭
To add insult to injury — fees were still charged on my loss. This part, honestly, feels "inhumane."
I know exchanges need revenue, but charging full fees on losing trades hits hard.
👉 While #CryptoFees101 teaches us to manage fees, I believe it’s time for exchanges to rethink fee models. Maybe success-based fees? Or reduced fees on losing trades?
At the very least — full transparency is a MUST. Traders should always know where their money is going.
📢 Let’s keep learning, keep trading smart, and keep raising our voices for fairer crypto markets! 🚀
