#CryptoFees101
The fees are costs associated with the use of platforms and blockchain networks. They apply at different times: when you buy, sell, stake, or simply move your assets. Understanding them is key to avoiding surprises and improving your profitability.
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⚖️ 1. Maker and Taker Fees
These fees apply on centralized exchanges (CEX) such as Binance, Kraken, or Coinbase.
Maker Fee:
It is charged when you place a limit order that does not execute immediately, which helps provide liquidity to the market.
💡 Generally lower.
Taker Fee:
It applies when you accept an existing order (for example, with a market order).
⚠️ Usually higher than the maker fee.
🔄 Example:
If you sell BTC using a limit order, you might pay 0.10% as a maker. But if you buy at the current market price, you pay 0.15% as a taker.
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⛽ 2. Gas Fees
These are fees paid to the validators of a blockchain to process transactions.
Ethereum: can be very expensive during times of congestion.
Solana, Avalanche, Polygon: much lower fees.
Gas depends on:
Transaction size
Contract complexity
Network demand
💡 Tip: Use tools like Etherscan Gas Tracker to check for times with lower fees.
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💸 3. Withdrawal Fees
When you withdraw your cryptos from the exchange to your wallet or another platform:
It is not always a percentage fee: many times it is a fixed fee per token.
For example: Withdrawing USDT on Ethereum may cost $5+, while on Tron (TRC-20) it can be almost free.