#CryptoFees101

Do you make profits on every trade... but your balance keeps decreasing? Warning!

You may fall victim to the silent profit killer: cryptocurrency fees. Although they often go unnoticed, these fees can make the difference between a successful wallet... and a losing one.

The most common types of fees:

Maker/Taker fees: When receiving or providing liquidity. On Binance, "makers" pay less.

Network fees: Payments for validating transactions. On Ethereum, they can be extremely high during periods of congestion.

Swap fees: In decentralized exchanges, every token swap includes liquidity fees.

Withdrawals: Every exchange charges fees for withdrawing funds to an external wallet.

According to a report by The Block, traders who do not optimize their fees can lose up to 12% of their annual returns. It is a mistake that can be avoided.