#CryptoFees101 What You Need to Know Before Trading

Understanding crypto fees is key to making smarter trades on platforms like Binance. Every time you buy, sell, or transfer crypto, a fee may apply. The most common fees include *trading fees*, *withdrawal fees*, and *network (gas) fees*.

*Trading fees* are charged when you open or close a position, usually as a small percentage of the trade value. Binance offers lower fees for users who use BNB to pay or hold VIP status. *Withdrawal fees* vary by asset and network congestion. *Gas fees*, especially for Ethereum, can spike during peak usage due to blockchain activity.

To save, time your trades wisely and consider using low-fee assets or networks. Knowledge saves money!