#CryptoFees101
💸 #CryptoFees101 – Understanding Fees in Cryptocurrencies
You may have earned R$ 1.000 in a transaction… but only withdrew R$ 940? Welcome to the world of invisible, yet inevitable fees. Understanding crypto fees is essential for trading intelligently.
📊 1. Broker Fees (ex: Binance):
• Trading fee: usually between 0.1% to 0.2%.
• Withdrawal fee: varies by currency and network (BTC is usually more expensive than USDT/TRC20).
🌐 2. Blockchain Fees:
• Also called gas fees (Ethereum, BNB Chain, etc.).
• On the Ethereum network, they can reach $20 or more during peak times.
🔁 3. The network used changes everything:
• TRC-20 (Tron): cheaper.
• BEP-20 (BNB Chain): moderate fees.
• ERC-20 (Ethereum): higher fees.
💡 Golden tip:
Always compare networks before withdrawing or transferring.
Ex: withdrawing USDT via TRC20 saves A LOT compared to ERC20.