#BigTechStablecoin #CryptoFees101 Trading cryptocurrencies involves fees such as trading fees (maker/taker), withdrawal fees, and network fees (gas). Maker fees, which are lower for providing liquidity, and taker fees, which are higher for withdrawals, vary by exchange. Withdrawal fees depend on blockchain technology, while gas fees fluctuate with network congestion. To optimize performance, I trade on low-fee platforms, use limit orders to earn maker discounts, and time transactions during low congestion periods to reduce gas costs. I also batch transactions to decrease the frequency of withdrawals. Understanding fee structures and strategically planning trades helps lower costs, ensuring my capital increases by providing profitable opportunities.
