💰 #CryptoFees101 : Understand Crypto Fees and Trade Smart!

When you start trading in cryptocurrencies, you may be surprised by the different fees on each transaction. Hashtag #CryptoFees101 aims to clarify these fees, how to reduce them, and improve your experience as a trader.

🔍 Basic Types of Fees:

1. Trading Fees:

Deducted when buying or selling a currency. They vary depending on whether you are a "Maker" or a "Taker."

2. Withdrawal Fees:

Applied when transferring currencies from the platform to an external wallet.

3. Network Fees:

Go to miners or validators on the blockchain and vary according to network congestion (especially in ETH and BTC).

💡 How to Reduce Fees?

Use BNB to pay lower fees on the Binance platform.

Choose the right time to withdraw to avoid network congestion.

Take advantage of VIP program discounts or “0 Fee” campaigns.

Learn more with #CryptoFees101 and start trading more effectively and at a lower cost! 🧠💸