#CryptoFees101 Why Did I Lose Money on That Trade?! 🤔
You might be ignoring one BIG factor: FEES.
🔍 Here's what you need to know:
1️⃣ Trading Fees – Charged per buy/sell order (Maker/Taker).
2️⃣ Network Fees – Blockchain fees (especially high on Ethereum).
3️⃣ Withdrawal Fees – Taking funds off exchanges? That costs too.
4️⃣ Slippage – Hidden cost when market moves during your order.
📉 These small charges add up fast, especially for scalpers and frequent traders.
💡 Pro Tips to Reduce Fees:
Use limit orders (lower fees).
Trade during low network congestion.
Choose fee-friendly platforms.
HODL more, trade less (sometimes).
Know your costs before you click that "Buy" or "Sell" button! ✅
#CryptoFees101 #CryptoTrading #TradingTips #GasFees #CryptoBasics #Blockchain #TradingStrategy #LearnCrypto