💸 #CryptoFees101
In the crypto world, fees can consume a large portion of your profits if you're not careful. There are several types of fees:
🔹 Trading fees (Taker/Maker) – the maker pays less
because they add liquidity, while the taker takes from it.
🔹 Withdrawal fees – vary by currency.
🔹 Network fees – depend on blockchain congestion.
📉 Use BNB on Binance to reduce fees, and watch for times of low activity for smart trading at lower costs.
Understanding fees helps you make better decisions and achieve higher profits.
🔍 How do you manage your fees wisely? Share your opinion!