#CryptoFees101 ⚙️ 1. Trading Fees
Every time you buy or sell crypto on an exchange, you pay a fee.
There are two types:
Maker: You add liquidity by placing a limit order
Taker: You remove liquidity with a market order
👉 Taker fees are usually higher!
⛓️ 2. Network (Gas) Fees
Transferring crypto on blockchains like Ethereum or Bitcoin?
You pay gas fees to miners/validators to process your transaction. These fees can spike during congestion!
💼 3. Withdrawal Fees
Want to move your crypto off an exchange into your wallet?
There’s often a flat withdrawal fee, and it varies by coin. Don’t wait till it surprises you.
🌐 4. Hidden Fees
Watch out for spread fees—some platforms widen the buy/sell price and pocket the difference without showing it as a “fee.”
✅ Pro Tip: Always compare fees across platforms. Small differences add up, especially for frequent traders.