#CryptoFees101 !Hello Binance community!
Today I want to talk to you about fees in crypto trading, a detail that we sometimes overlook but that directly affects our profits. There are several types of fees:
🔸 Maker fee (when you place an order that does not execute immediately).
🔸 Taker fee (when you take an order from the order book).
🔸 There are also withdrawal fees and currency conversion fees.
To optimize my trades, I try to use more limit orders (maker) and trade with pairs that have high liquidity. Additionally, maintaining a VIP level or using BNB to pay fees helps me save quite a bit.
And you, how do you manage your fees? Share with #CryptoFees101!