#CryptoFees101 💸 Commissions in Crypto: What Are We Paying For?

Explaining Basic Concepts 💡

When you trade on an exchange, it's important to consider not only the price but also the commissions that can "eat away" part of your profit. Here are the main types:

🔹 Trading Fee — commission for the transaction (usually <1%).

🔹 Withdrawal Fee — for withdrawing funds from the exchange.

🔹 Network Fee (Gas) — fee for processing transactions on the blockchain.

💡 Tip:

On Binance, you can reduce trading fees by paying in BNB. Also, keep an eye out for promotions — there are often zero commissions on certain pairs.

📊 Consider commissions for any operation — especially if you trade frequently or in small amounts.

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