📚 #CryptoFees101 – If You Understand, You Save!

💹 Platform: Binance

🔍 The most overlooked aspect while trading: FEES!

🧾 There are 3 basic types of fees on Binance:

1️⃣ Spot Trading Fees

📉 Maker/Taker Fee: Up to 0.1% (can be reduced based on VIP level)

💡 Tip: Using BNB gives you a 25% discount!

2️⃣ Futures Trading Fees

📈 Maker Fee: 0.02%

📉 Taker Fee: 0.04%

🪙 BNB also reduces fees here!

3️⃣ Withdrawal Fees

💸 Varies based on the coin

⚠️ Always check the withdrawal fee before sending!

🛡️ Bonus Tip:

To reduce fees, make proper use of VIP level, referral programs, and BNB balance.

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