#CryptoFees101 💸 Crypto Fees 101: What Every Trader Should Know Before Hitting ‘Buy’ 💸

When trading crypto, understanding fees is crucial to managing your profits and avoiding surprises. On platforms like Binance, there are several types of fees to be aware of. The most common are trading fees, which apply when you buy or sell crypto. These are often categorized into maker (you add liquidity) and taker (you remove liquidity) fees. Then there are withdrawal fees, which vary depending on the coin and network congestion. DeFi platforms may also charge gas fees, especially on Ethereum. While fees might seem small, they can add up over time—especially for frequent traders. Choosing the right trading pairs, using fee discounts (like BNB on Binance), and understanding fee structures can make your trading more efficient and cost-effective. 📊🧾🪙

In crypto, every fraction counts—know your fees before you trade.