#CryptoFees101

Are you making profits from each trade... but your balance keeps decreasing? Warning!

You may become a victim of the silent killer of profitability: cryptocurrency costs. Although often invisible, these costs can make the difference between a green portfolio... and a red one.

The most common types of costs:

Maker/Taker Fees: When you take or provide liquidity. On Binance, the 'maker' pays less.

Network Fees: Payment to validate transactions. On Ethereum, these costs can be very high during times of congestion.

Exchange Fees: In DEX, every token swap involves liquidity costs.

Withdrawal: Each exchange charges a fee for withdrawing funds to an external wallet.

According to a report from The Block, traders who do not optimize their costs lose up to 12% of their annual returns. A mistake that can be avoided.