#CryptoFees101 #CryptoFees101 Maker Fees: When you place a buy or sell order that is not executed immediately.
Taker Fees: When you place an order that is executed directly at the market price.
📊 Rate: Often between 0.1% to 0.5%, and decreases if your trading volume is large or you use the platform's coin (like BNB on Binance).
---
⛽ 2. Network / Gas Fees
Paid to miners or validators for processing transactions on the blockchain.
Ethereum: Fees can be high during network congestion.
Bitcoin: Depends on the transaction size (in bytes), not its value.
Solana or Polygon: Very low fees (< $0.01).
---
🔐 3. Wallet Fees
Centralized custodial wallets like Coinbase may charge fees for withdrawals.
Decentralized non-custodial wallets like MetaMask: No fees except for network fees.