#CryptoFees101
💸 Crypto Fees 101: Where Does Your Money Really Go?
Think you’re paying just for coins? Think again. Every trade, transfer, and withdrawal comes with a hidden price tag. Here’s what you must know:
🔹 1. Trading Fees
Every time you buy/sell, platforms like Binance or Coinbase charge:
• Maker fee (you add liquidity): ~0.02%–0.10%
• Taker fee (you remove liquidity): ~0.04%–0.20%
👉 Pro tip: Use limit orders to avoid taker fees.
🔹 2. Network (Gas) Fees
Especially painful on Ethereum.
Sending $10? Might pay $15 in gas 💀
✅ Use L2s like Arbitrum or Optimism to save tons.
🔹 3. Withdrawal Fees
Exchanges charge a flat fee to move your crypto.
BTC: ~$5–$20 per withdrawal
SOL or MATIC: Much cheaper.
🔹 4. Slippage Costs
Trade big amounts on low-liquidity pairs? You’ll get less than expected.
🧠 Always check the slippage % before confirming.
🔹 5. Hidden Spread
Some apps (like Robinhood) show zero fees but quietly profit from worse prices.
⸻
📌 Remember:
High fees = slow portfolio growth.
Smart traders reduce costs like pros manage risk. 💼💡