#bstockscis @BinanceCIS
Sunday morning.
My coffee was getting cold while I was scrolling through Binance and noticed $GMEB .
One line caught my eye:
zero maker fees.
And for a second, my brain translated that into something much simpler:
“Nice. Zero trading fees.”
Then I realised I had read one word too quickly.
Maker and taker are not the same thing.
If my order sits in the book and adds liquidity, I’m the maker.
If my order executes against liquidity that’s already there, I’m the taker.
So zero maker fees doesn’t automatically mean every way of entering a trade is fee-free.
It’s a tiny distinction.
But it’s exactly the kind of tiny distinction I’ve learned not to skip.
Because sometimes the expensive mistake isn’t buried deep in the documentation.
Sometimes it’s just one word you read too fast while drinking your morning coffee.
So I added another small rule for myself:
when I see “zero fees,” I check exactly which fee is zero before I press Buy.
$GMEB
Sunday morning.
My coffee was getting cold while I was scrolling through Binance and noticed $GMEB .
One line caught my eye:
zero maker fees.
And for a second, my brain translated that into something much simpler:
“Nice. Zero trading fees.”
Then I realised I had read one word too quickly.
Maker and taker are not the same thing.
If my order sits in the book and adds liquidity, I’m the maker.
If my order executes against liquidity that’s already there, I’m the taker.
So zero maker fees doesn’t automatically mean every way of entering a trade is fee-free.
It’s a tiny distinction.
But it’s exactly the kind of tiny distinction I’ve learned not to skip.
Because sometimes the expensive mistake isn’t buried deep in the documentation.
Sometimes it’s just one word you read too fast while drinking your morning coffee.
So I added another small rule for myself:
when I see “zero fees,” I check exactly which fee is zero before I press Buy.
$GMEB