💸 Understanding Crypto Fees Can Save You Money 💸
Whether you're day trading or HODLing, knowing how fees work is crucial. On most exchanges, you’ll encounter maker and taker fees. Makers add liquidity (limit orders), and takers remove it (market orders). Binance rewards makers with lower fees—so plan your trades wisely!
Also, don’t ignore network fees when withdrawing crypto. These vary by blockchain (e.g., Ethereum vs. BNB Chain) and can fluctuate based on congestion.
A small shift in strategy can mean more profit, less loss. 💡
Ready to level up? Mastering fees is step one.