#CryptoFees101
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#CryptoFees101 - Don't Let Fees Eat Your
Profits!
In crypto trading, every sat counts — and fees can add up fast if you're not paying attention. Here's a quick breakdown:
• Maker vs. Taker Fees
• Maker: You add liquidity by placing limit orders → lower fees
• Taker: You remove liquidity by using market orders → higher fees
• Gas Fees
These are network fees on blockchains like
Ethereum. High during congestion - so time your trades during off-peak hours!
• Withdrawal Fees
Fees charged by exchanges when moving assets off-platform. Pro tip: some tokens have cheaper withdrawal options.
V My Fee-Saving Tips:
• Use limit orders when possible
• Trade during low network congestion
• Consolidate withdrawals to minimize frequency
• Use fee discounts (BNB on Binance, for example)
What fees do you run into most, and how do you manage them? Drop your tips below! 👇
#CryptoFees101 #CryptoTrading #Binancepoints
