#CryptoFees101

Crypto fees are an important factor for every trader and investor to understand. Whether you’re trading on a centralized exchange or moving funds on-chain, fees can eat into your profits quickly. On exchanges like Binance, there are usually maker and taker fees, which vary depending on your trading volume and VIP level. On-chain transactions, like Ethereum or Bitcoin, come with network (gas) fees, which can spike during high activity. Smart traders time their transactions and use layer-2 solutions to reduce costs. Always check the fee structure before trading or withdrawing. Even small fees add up over time, especially for frequent traders!