#CryptoFees101

Understanding commissions is key to operating efficiently in the crypto world. Here I share how I manage them to optimize my profits:

🔍 Types of commissions you should know:

Spot Trading Fee (taker/maker): I pay less by being a "maker", so I place limit orders whenever possible.

Withdrawal Fee: I always compare networks (like TRC20 vs ERC20) before moving crypto. The difference can be huge!

Convert Fees: I only use this if the price is fair, as sometimes it is not advantageous compared to the traditional spot order.

🧠 My tips for reducing fees:

I pay all my commissions with BNB to get a 25% discount.

I use promotions with zero commission on selected pairs, which Binance frequently launches.

I make sure to have VIP level 1 or higher to save more, moving volume when there is a favorable market.

🎯 Remember: every satoshi counts. Reducing commissions is equal to improving your profitability without trading more.

How do you reduce your fees on Binance?