#CryptoFees101
💸 “Why’s My Profit Smaller Than Expected?!” 🤯
Chances are, you're overlooking one major detail: FEES.
🔍 Here's the breakdown you need:
1️⃣ Trading Fees – Every buy or sell (Maker/Taker) comes with a charge.
2️⃣ Network Fees – These are blockchain-related costs (especially pricey on Ethereum).
3️⃣ Withdrawal Fees – Moving your crypto off an exchange? That’ll cost you too.
4️⃣ Slippage – Price shifts during your order execution can eat into profits.
📉 These little charges can stack up quickly, especially for active traders and scalpers.
💡 Smart Moves to Cut Costs:
✔️ Use limit orders to minimize fees.
✔️ Trade when the network isn’t congested.
✔️ Pick platforms with lower fee structures.
✔️ Consider holding instead of constantly trading.
Always check the costs before hitting that "Buy" or "Sell" button! ✅