#CryptoFees101 Understanding Crypto Fees Before You Trade

When you're trading or investing in crypto, fees might seem like a small detail—but they can eat into your profits if you’re not careful. Here’s a simple breakdown of the most common types of crypto fees you’ll encounter:

🔹 Trading Fees

These are charged every time you buy or sell a cryptocurrency on an exchange. They usually come in two types:

Maker Fees: When you place a limit order, adding liquidity to the market.

Taker Fees: When you place a market order, removing liquidity.

Most exchanges have lower fees for makers to encourage market depth. Always check the fee structure of your platform!

🔹 Withdrawal Fees

Want to move your crypto off the exchange to your wallet? That’ll cost you. Each blockchain has its own transaction fees (called gas fees in networks like Ethereum). These vary based on network activity.

🔹 Network Fees

These are fees paid directly to the blockchain for processing your transaction. Unlike trading fees, they don’t go to the exchange—they go to miners or validators.

🔹 Hidden Costs

Watch out for hidden spreads in “zero fee” exchanges. Sometimes the platform adjusts the price instead of charging a clear fee.

📌 Tip: Always calculate total costs before trading to maximize your profit!

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