#CryptoFees101
Many beginner traders ignore crypto fees, but they silently eat into your profits. Binance charges a standard trading fee of 0.1%, but this can be reduced using BNB or hitting higher VIP levels. Over time, high-frequency trades with poor awareness of fees can result in significant losses. Always calculate your net gain after deducting trading, withdrawal, and network fees. Use fee calculators and monitor promotions like zero-fee pairs to maximize savings.