#CryptoFees101 CryptoFees101

If you are trading cryptocurrencies on Binance, you must understand the fees (the fees) so you don't get surprised! Here I will explain the most important things that concern you:

1. Trading Fees

Binance has fees on every buy or sell transaction, which is (0.1%) of the transaction value. But if you use (BNB) = (the currency of Binance), the fees will decrease to (0.075%). This is a significant difference, which means a very good saving.

2. Withdrawal Fees

Each currency has different withdrawal fees, and they change based on network conditions. For example:

- Bitcoin (BTC) has higher fees than USDT.

- Binance constantly updates the prices, so always check the numbers before withdrawing.

3. VIP Discounts

If you trade large amounts, you can enter the VIP program that reduces fees to (0.02%) based on your trading volume.

**Final Advice**

Always compare prices, use (BNB) to save, and follow Binance updates to avoid being surprised by any changes.

I hope I have provided you with new information and I wish everyone success ☺️

$BNB