đ¸ #CryptoFees101 â What Are You Really Paying for in Crypto? đ¤
Crypto trading isnât freeâand understanding fees is key to protecting your profits. Whether youâre trading, withdrawing, or swapping assets, every action has a cost.
đ§ž Here are the most common fees:
⢠Trading fees: Paid when buying/selling on exchanges (maker vs taker)
⢠Withdrawal fees: Charged when moving funds off-platform
⢠Network (gas) fees: Blockchain fees paid to validators (especially on Ethereum!)
⢠Slippage: The price difference between order placement and execution
đ Pro tip: Use exchanges like Binance with tiered fee structures or fee discounts (e.g., paying with BNB) to save more.
đŹ How do you manage your crypto fees? Letâs discuss!
#CryptoEducation #BinanceSquare #CryptoTrading #BlockchainBasics