#CryptoFees101 Crypto fees can silently drain your profits. From maker/taker fees to gas and withdrawals — here’s what you need to know and how to reduce costs smartly.

Whether you’re buying Bitcoin or moving coins to a wallet — every action has a fee.

The trick is not to avoid fees completely, but to understand and minimize them.

What Are the Main Types of Crypto Fees?

1. Maker vs Taker Fees

• Maker: You place a limit order that waits on the order book — you add liquidity.

• Taker: You place a market order that gets filled instantly — you take liquidity.

Taker fees are usually higher than maker fees. On Binance, it’s around 0.1% (less with BNB or VIP status).

2. Gas Fees

These are paid to use blockchains like Ethereum.

• Can vary wildly based on network congestion

• Example: Swapping tokens on Ethereum may cost $20, while the same on BNB Chain might be $0.10

3. Withdrawal Fees

Exchanges charge network-specific fees when you move crypto to an external wallet.

• BTC has higher withdrawal fees

• TRON (TRX) or MATIC are cheaper alternatives for transfers

What Fees Do You Encounter Most Often?