#CryptoFees101

Understand the Fees Before Trading

Many beginners ignore the fees, but they directly impact your profitability. On Binance, there are three main types:

🔁 Trading fee (taker/maker)

💼 Withdrawal fee

💰 Currency conversion fee

If you make many daily trades, using limit orders (maker) can reduce costs. Additionally, paying fees with BNB generates an automatic discount — a simple strategy to save.

📊 Pro tip: always calculate the fee before entering a short trade. Sometimes, the gross profit disappears after the fees.

Mastering the details of the fees is what separates the casual trader from the profitable trader.