#CryptoFees101 CryptoFees101 – What You Need to Know Before You Trade!
If you’re trading crypto and ignoring fees… you’re doing it wrong!
Every transaction in the crypto world comes with a cost, and understanding it can save (or earn) you more than you think.
Here’s a quick breakdown:
✅ Network Fees (Gas Fees):
Charged by the blockchain (like Ethereum) to process transactions. These vary based on network traffic.
✅ Exchange Fees:
Trading platforms like Binance, Bybit, or Coinbase charge a small % on every trade.
Tip: Learn the difference between maker and taker fees!
✅ Withdrawal Fees:
Want to move your crypto to a wallet? You’ll likely pay a fixed fee depending on the coin.
✅ Slippage & Hidden Costs:
Sometimes, the price you click isn’t the price you get — watch out for fast market movements!
Pro Tip:
Use fee calculators, compare exchanges, and plan your trades smartly. Fees can eat into your profits or increase your losses if you’re not careful.
📉 Understanding fees = More Profit in Your Pocket