#CryptoFees101 🔍 Have you ever wondered how much you really pay when trading on Binance?
Understanding the fees is key to maximizing your profits and avoiding surprises. On Binance, there are 3 main types of fees:
1️⃣ Trading fee: This applies when buying or selling crypto assets. Regular users pay 0.1%, but you can reduce it by up to 25% if you pay with BNB.
2️⃣ Withdrawal fee: This varies depending on the blockchain network. For example, withdrawing USDT via TRC20 is cheaper than via ERC20.
3️⃣ Quick conversion fee: If you use the “Convert” feature, the fees are hidden in the exchange rate, so analyze carefully before confirming!
✅ Pro tip: Increase your trading volume or stake BNB to access VIP levels with lower fees.
💡 Understanding these fees can make the difference between winning and losing in the crypto world. Stay informed and optimize every trade!
