#CryptoFees101 What are crypto fees and how to reduce them.

Fees are a part of every crypto transaction. Understanding where they come from can help save money.

1. Types of Fees

Trading Fee

— Charged when buying/selling cryptocurrency on an exchange.

— On Binance: from 0.1%, with a discount when paying with BNB.

Network Fees

— Payments to miners or validators for processing transactions (depends on the network — Ethereum, BNB Chain, etc.).

— Not controlled by the exchange.

Withdrawal Fee

— A fixed fee for transferring assets from the exchange to an external wallet.

2. Maker vs Taker

Maker — creates an order that adds liquidity (usually lower fee).

Taker — executes an existing order (often higher fee).

3. How to reduce costs?

Paying fees in BNB = -25%

Trading during low activity hours = less load, cheaper network fees

Using Layer 2 (for example, Arbitrum, Optimism) for withdrawals.

And don't forget about futures companies, especially the funding rate, as it can take away your entire deposit.

Something like that!