$USDC Earn money on every trade... but is your balance still decreasing? Warning!
You could be a victim of the silent killer of profitability: cryptocurrency fees! Although they often go unnoticed, these fees can make the difference between a successful portfolio... and a losing one.
The most common types of fees:
Maker/Taker fees: when receiving or providing liquidity. On the Binance platform, 'makers' pay less.
Network fees: payments to validate transactions. On Ethereum, they can be very high during periods of congestion.
Exchange fees: on decentralized exchanges, every token swap includes liquidity fees.
Withdrawals: each exchange charges fees for withdrawing funds to an external wallet.
According to a report from The Block, traders who do not optimize their fees lose up to 12% of their annual income. It's a mistake that can be avoided.