#CryptoFees101 Ever wonder where your money goes when trading crypto? Let’s talk fees👇
🔁 Trading Fees – Charged when you buy or sell. CEXs like Binance often have a maker-taker model:
🔹 Maker (placing a limit order) = lower fee
🔹 Taker (executing a market order) = slightly higher fee
💸 Withdrawal Fees – Charged when moving crypto from an exchange to your wallet. Each token has a different network fee (e.g., BTC vs. BSC).
🔗 Network (Gas) Fees – Mostly on DEXs like Uniswap. You pay to process transactions on blockchains (especially high on Ethereum).
🧠 Pro Tip:
– Use lower-fee pairs like BUSD or USDT
– Trade during low network congestion
– Hold BNB on Binance to get fee discounts
Fees can eat into profits, so always check before trading!
💬 Got fee-saving tips? Share them below!