#cryptofess101New to crypto trading? Let’s break down the types of fees you’ll commonly see:

🔹 Trading Fees (Spot/Exchange)

Every time you buy or sell a coin on an exchange like Binance, you pay a small fee (usually 0.1% or less).

✅ Tip: Using the exchange's native token (e.g., BNB on Binance) often gives you a discount!

🔹 Withdrawal Fees

Want to transfer your crypto to another wallet or exchange? You’ll likely pay a network fee.

💡 This fee depends on the blockchain (e.g., Ethereum fees are usually higher than Tron).

🔹 Deposit Fees

Most crypto deposits are free, but always double-check with your exchange.

🔹 Funding Fees (For Futures/Leverage)

In futures trading, you might pay or receive a small fee every few hours. This keeps the market price in line with the spot price.

🔹 Hidden Costs

Some platforms include fees in the price (called "spreads"). Always compare the buy/sell price before placing an order.