#USChinaTradeTalks 💸 Understanding Crypto Fees: What Are You Really Paying For?

Whether you're trading, transferring, or staking crypto, fees are a part of the game. But where do these fees go—and why do they matter?

🔄 1. Trading Fees

Charged by exchanges like Binance or Coinbase when you buy or sell crypto.

Maker Fee: For placing an order that adds liquidity.

Taker Fee: For executing an order that removes liquidity.

💡 Tip: Using native tokens like BNB on Binance often gives you a discount!

🚀 2. Network (Gas) Fees

Paid to blockchain validators (not the exchange) to process your transaction.

Varies by network:

Ethereum: Can be high during congestion.

Solana, Polygon: Typically much cheaper.

📤 3. Withdrawal Fees

Charged when moving your crypto out of an exchange.

Fixed per coin and covers the network fee.

Always check before transferring—some coins are cheaper to withdraw than others.