#CryptoFees101

šŸ”„ **YOU'RE PAYING 5 TYPES OF CRYPTO FEES… AND #3 WILL SHOCK YOU! šŸ’ø**

Stop letting hidden fees DEVOUR your crypto profits! Here’s what exchanges *don’t* want you to know:

1ļøāƒ£ **NETWORK/GAS FEES** šŸ”„

The "invisible tax" paid to miners/validators.

- Bitcoin - Network fees (spikes to $50+ during chaos!)

- Ethereum: Gas fees (hit $200 during NFT mania 😱)

- Solana: Near-zero fees… but watch for meme coin rugs!

2ļøāƒ£ TRADING FEES šŸ“‰

Exchanges sneak these into EVERY trade:

- Maker fees (0.05-0.10%): You add liquidity → pay LESS

- Taker fees (0.10-0.25%): You take liquidity → pay MORE

šŸ‘‰ Pro tip: Always use limit orders to slash fees!

3ļøāƒ£ **WITHDRAWAL FEES** šŸšŖšŸ’ø

The "exit tax" to move crypto OFF exchanges:

- Coinbase: $1-$30 (depends on coin)

- Binance - 0.0005 BTC ($35!) for Bitcoin withdrawals

- Kraken - "Free" withdrawals… but only for some coins šŸ˜

4ļøāƒ£ DEPOSIT FEESšŸ¦

Rare… but deadly when they strike:

- Fiat deposits - 3-5% on platforms like eToro

- Crypto deposits - Usually free… unless it’s a shady exchange!

⚔ SHOCKER- 60% of traders lose MORE to fees than bad trades! 🤯

šŸ‘‰ DO THIS NOW

- Trade during LOW congestion (check gas.tracker!)

- Use DEXs like Uniswap for NO withdrawal fees

- Hold fee-free coins (Nano, IOTA, XLM)

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