#CryptoFees101
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📊 Trading Fee 101: What You Need to Know
Whether you're a seasoned trader or just starting out, understanding trading fees is key to maximizing your profits. Let’s break it down:
🔹 What Are Trading Fees?
Every time you buy or sell crypto, you pay a small fee. On Binance, this is usually a maker or taker fee — depending on whether you add liquidity or take it.
🔹 Maker vs. Taker
Maker: You place a limit order that doesn’t fill immediately — you’re adding liquidity.
Taker: You place a market order or fill an existing order — you’re taking liquidity.
🔹 Fee Structure (Spot Trading)
👉 Starts at 0.1% for both makers and takers.
👉 Get up to 25% off if you pay with BNB!
👉 Higher trading volume = Lower fees. Simple.
🔹 Pro Tip
✅ Use BNB to reduce fees
✅ Watch your VIP level — higher tiers = lower rates
✅ Check the Binance Fee Schedule for updates
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💡 Fees may be small, but they add up fast. Learn them, master them, and keep more of your profits.
