#CryptoFees101 📌 #CryptoFees101
Crypto ain’t free — every trade has a cost. Let’s break down crypto fees so you don’t get wrecked. 💸
🧾 Types of Fees:
1. Trading Fees
• Charged per buy/sell on exchanges
• Varies by platform (Binance = ~0.1%)
• Lower fees for VIP users or BNB payments
2. Network Fees (Gas Fees)
• Paid to miners/validators (not exchanges)
• ETH is notorious for high gas fees
• Cheaper chains: BSC, Polygon, Solana
3. Withdrawal Fees
• Charged when moving funds off exchange
• Fixed + depends on the coin
🧠 Tips to Save Fees:
✅ Use limit orders
✅ Trade during low network congestion
✅ Pay with exchange token (like BNB)
✅ Bundle transactions where possible
💬 What’s the highest fee you ever paid — and for what?
Let’s talk about it. 👇