#cryptofees101 Are you making a profit from every trade… but your balance keeps declining? Warning!
You could be falling victim to the silent killer of profitability: crypto fees. Although often invisible, these fees can make the difference between a green portfolio… and a red one.
The most common types of fees:
Maker/Taker Fees: When you take or provide liquidity. On Binance, 'makers' pay less.
Network Fees: Payments to validate transactions. On Ethereum, these fees can be very high during congestion.
Exchange Fees: On DEXs, every token swap involves liquidity fees.
Withdrawal Fees: Every exchange charges a fee to withdraw funds to an external wallet.