🔍 #CryptoFees101 : Understanding the Costs Behind Every Trade 💸📊
When you're trading crypto, every click comes with a 💰price! Whether you're buying, selling, or transferring 🪙—fees are everywhere. Platforms like Binance, Coinbase, and others charge fees that depend on the asset you're trading, how much you're trading 📈, and what method you use.
There are usually 3️⃣ main types of fees:
1️⃣ Trading Fees – every trade has a small cut 🪙
2️⃣ Withdrawal Fees – taking your crypto out? That'll cost too 💸
3️⃣ Network/Gas Fees – paid to blockchain miners ⛏️🔗
Being fee-smart means saving more 🧠💼. Always double-check before clicking that Buy or Send button! 🚀📲