#CryptoFees101 the different types of trading in crypto trading include transaction, deposit, withdrawal and network fees. Network fees are also known as gas fees. Other types include spread fees and margin and leverage fees.
I optimise my trading by choosing the right exchange and monitoring network fees. Different platforms have different fee structures. Binance offers lower fees than Coinbase.
When it comes to monitoring network fees, you can time your transactions during low congestion periods to save on gas fees. Find cheaper times using tools like GasNow for Ethereum. These are some of the strategies I use to optimise my profitability. What about you?