#CryptoFees101 crypto, several types of fees affect how much I actually earn or spend while trading. The most common are trading fees, charged when I buy or sell crypto on exchanges. These can be maker (for placing limit orders that add liquidity) or taker (for market orders that remove liquidity). Taker fees are usually higher. Then there are withdrawal fees, charged when I move crypto out of the exchange—these vary by coin and platform. Network fees, also called gas fees, are paid directly to blockchain validators. Ethereum is known for high gas fees, while blockchains like BNB Chain or Polygon are cheaper. Some platforms also have deposit fees, especially for fiat.
To reduce fees, I try to trade during low activity hours to save on gas fees. I use limit orders to pay lower maker fees and trade on platforms with tiered or loyalty-based fee discounts. I avoid frequent small trades and instead group my transactions. Also, I keep some assets on lower-fee blockchains and move only when necessary. Choosing exchanges with fee promotions, using native tokens like BNB or KCS for discounts, and monitoring fee structures regularly helps me trade smarter and save more.
