#CryptoFees101 💸 #CryptoFees101: Are You Paying Too Much to Trade?
Fees can quietly eat your gains — unless you know how they work. Let’s break it down 👇
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1️⃣ Types of Crypto Fees 🧾
🔹 Trading Fees:
Charged by CEXs (like Binance) for buying/selling — often 0.1% or less
💡 Lower with BNB fee discounts ✅
🔹 Gas Fees:
For blockchain transactions (on Ethereum, BSC, etc.)
⛽ Varies by network congestion
🔹 Withdrawal Fees:
Charged when moving crypto off an exchange
📤 Fixed per token (e.g., BTC ≠ ETH fees)
🔹 Slippage:
The price difference between expected and executed trade
⚠️ Big problem on low-liquidity tokens
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2️⃣ How to Reduce Fees 💡
✅ Trade on low-fee exchanges
✅ Use native tokens for fee discounts (e.g., BNB on Binance)
✅ Time trades during low network activity
✅ Choose Layer 2 solutions (Arbitrum, Optimism) for lower gas
✅ Use limit orders instead of market orders when possible
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3️⃣ Pro Tip 🧠
📊 Always check the fee preview before confirming a trade.
What looks like small % adds up over time!
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💬 How do YOU save on crypto fees?
Comment “BNB Discount ✅” or “Layer 2 Gang 🚀” — share your tips with the squad!👇