Don't Let Fees Eat Up Your Profits! 💸
Do you often make small profits but feel like your balance is tight? You might be unknowingly losing money to fees! 😵💫
In the crypto world, fees are like toll costs—small, but if you pass through frequently and don't know the route, they can slowly drain your balance.
📌 Types of Fees You Must Know: 1️⃣ Trading Fee (Maker vs Taker)
🔹 Maker: You place an order in the order book → usually cheaper
🔹 Taker: You directly take an existing order → higher fee
👉 Pro tip: being a maker is more economical!
2️⃣ Withdrawal Fee
Each coin is different. For example: withdrawing USDT via ERC20 is much more expensive compared to TRC20.
👉 Always check the network before sending!
3️⃣ Swap Fee / Conversion Fee
Directly exchanging coins (e.g., BTC to BNB) sometimes has a price difference → that's also a hidden fee!
4️⃣ Hidden Fee?
Slippage! Price differences due to fast market movements can also quietly cause you losses.
🧠 The bottom line: Fees are small, but when accumulated from each transaction, they can subtly leak into your profits.
Check first, calculate, then execute. #DYOR applies even to something as small as fees! #CryptoFees101