#CryptoFees101

Crypto Fees: A Quick Guide

1️⃣. Types

There are three main types of fees:

✅ Trading Fees: Charged when buying or selling; split into maker (adds liquidity, usually lower) and taker (removes liquidity, usually higher).

✅ Withdrawal Fees: Applied when moving assets out of an exchange.

✅ Network Fees: Paid to blockchain validators; vary based on network congestion.

2️⃣. How Fees Affects a Trader

High fees can eat up profits, especially for frequent traders. Some exchanges offer fee discounts for using native tokens or achieving high trading volumes.

3️⃣. Smart Fee Management

Compare platforms, understand fee structures, and monitor network activity. A well-informed approach to fees can significantly enhance your overall crypto strategy.

‼️Final Thought

Managing crypto fees isn’t just about saving money, it’s a strategic move to boost long-term gains.