#CryptoFees101
Cryptocurrency trading involves various fees that can impact profitability, including *maker fees (0.1%-0.2% for providing liquidity via limit orders) and taker fees (0.1%-0.5% for executing market orders), with rates often decreasing on higher-volume exchanges like Binance or Coinbase. Additional costs include **withdrawal fees** (variable based on blockchain network congestion), **deposit fees** (rare but applied by some platforms), **gas fees** (for Ethereum/ERC-20 transactions, fluctuating with demand), and **margin trading/borrowing fees** (up to 0.1% daily for leveraged positions). Decentralized exchanges (DEXs) also charge **swap fees** (0.3%-1% per trade), while NFT platforms impose **minting and royalty fees**. Savvy traders reduce costs by using fee discounts (exchange-native tokens like BNB), choosing low-fee blockchains (Solana, Polygon), and comparing platforms before executing trades.