#CryptoFees101 💸 #CryptoFees101: Where Does Your Money Go?
Many traders lose profits not because of the market, but because of fees.
🔍 Types of fees:
– Maker — when you create an order (limit),
– Taker — when you execute someone else's (market).
📊 Example:
You bought BTC/USDT through the market — you pay taker fee.
You created a limit order — you pay less, as a maker.
🧠 Also consider:
– Network (gas fees),
– Withdrawals,
– Exchange between tokens.
💡 Tips:
– Use limit orders,
– Keep BNB in your account (on Binance) for discounts,
– Keep an eye on promotions and fee reductions.
Know the fees — keep your profits!
