#CryptoFees101 💸 Crypto Fees 101 – Understand the Fees Before You Pay! 🧾🔍
Cryptocurrencies are not free... Every transaction comes with fees, and you need to understand them before you get surprised 😅
🔁 Trading Fees:
You pay these when you buy or sell a currency on a platform like Binance or Bybit
Maker = You place a new order
Taker = You execute an existing order
(And usually, Taker is more expensive 💰)
🚀 Withdrawal Fees:
When you withdraw coins to your wallet, the platform takes a percentage or a fixed amount
(Choose the cheaper network: TRC20 is usually cheaper than ERC20)
🌉 Network Fees (Gas Fees):
If you are using a blockchain like Ethereum – be prepared for high fees sometimes ⛽
(When busy = higher price)
💡 Tip: Always compare fees between networks and platforms... A small difference can save you a lot!