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Fees in the crypto world may seem simple, but they greatly affect your profits.
When using trading platforms like Binance or Coinbase, fees are charged for every buy or sell transaction.
Fees are usually divided into two types:
🔹 Maker Fee (when placing an order that waits to be executed)
🔹 Taker Fee (when executing an order directly from the order book)
These fees vary based on your monthly trading volume and the nature of your account.
In some cases, you may pay lower fees using a token like BNB.
Tip: Keep an eye on fees before trading, as every uncalculated transaction may cost you in the long run.
And don't forget that some wallets and blockchain networks (like Ethereum) impose fees known as Gas Fees, which increase during times of congestion.
