#BigTechStablecoin 💸 Commissions in crypto are what slowly but steadily eat into profits. Understanding them is the key to effective trading.
🔍 Main types of commissions:
1️⃣ Trading fees — paid on the exchange for each transaction (taker/maker).
2️⃣ Withdrawal fees — for withdrawing assets from the exchange.
3️⃣ Network fees (gas) — payment to miners or validators for processing transactions (especially important in DeFi).
⚙️ How I optimize costs:
• I use limit orders — this allows me to avoid taker fees and reduces commissions.