#CryptoFees101 💡 Exchange Fees – How to Handle Them Smartly? 💡

Many traders underestimate the impact of transaction fees on their profitability. On exchanges like Binance, Coinbase, or Kraken, various fee models exist. A common approach is the maker-taker model, rewarding liquidity providers (makers) with lower fees, while liquidity takers pay higher fees.

A practical tip is always to verify the fee structure because even seemingly small percentages can significantly impact your long-term profits. Another way to reduce fees is by using an exchange’s native token, such as BNB on Binance, which can decrease fees by up to 25%. Be aware of fees and maximize your profit!