#CryptoFees101

Understanding the Cost of Crypto Trading

Every trade you make in crypto isn’t free — but understanding how fees work can save you a lot over time.

Here’s what beginners should know:

📉 Trading Fees:

Charged when you buy or sell crypto. On Binance, fees are usually low — and even lower if you use BNB to pay fees.

⚡ Maker vs Taker Fees:

Maker = you add liquidity (limit orders).

Taker = you remove liquidity (market orders).

Takers generally pay slightly higher fees.

🏦 Withdrawal Fees:

When moving crypto from Binance to another wallet or exchange, a network fee is applied. It varies by token and blockchain congestion.

💱 Conversion Fees:

Some swaps between assets can have hidden spreads or slippage. Be sure to check the final amount before confirming.

💡 Pro Tip:

Always check the fee structure before trading — especially if you're active or dealing in large volumes.