#CryptoFees101 – Know What You’re Paying For
Every crypto trade comes with fees—but smart traders know how to manage them. Understanding crypto fees helps you keep more of your profits.
💸 Types of Fees to Watch:
🔹 Trading Fees – Charged by exchanges like Binance or Coinbase when buying/selling. Often 0.1% to 0.25%.
🔹 Network Fees – Also called gas fees (e.g., on Ethereum). Paid to miners/validators to process transactions.
🔹 Withdrawal Fees – Charged when moving assets from an exchange to a wallet.
🔹 Slippage – Hidden cost when price changes between order placement and execution.
✅ Tips to Reduce Fees:
– Use exchange tokens (e.g., BNB on Binance) for discounts
– Trade during low network congestion
– Choose low-fee platforms or DEXs with favorable rates
Fees are part of crypto—but knowledge is power.
Pay less, trade smarter.