#CryptoFees101
Think crypto trading is free? Think again! ๐
Every trade comes with fees โ hereโs what you need to know:
๐น Maker Fee โ You add liquidity (placing limit orders)
๐ธ Taker Fee โ You take liquidity (market orders)
๐ง Maker = usually lower fees ๐ฐ
๐ฅ Taker = faster execution โก
๐ก Other fees to watch:
โ๏ธ Withdrawal Fees
๐ Swap/Conversion Fees
๐ Network (Gas) Fees
๐ Pro Tip: Holding BNB on Binance can reduce your trading fees!
Know the cost. Maximize your profit.