#CryptoFees101

💸 #CryptoFees101 – Where Your Crypto Fees Go 🧾

Every time you trade or transfer crypto, you pay a fee — but not all fees are the same.

Here’s what you need to know:

⸻

⚙️ 1. Trading Fees

Charged by exchanges (like Binance) when you buy/sell.

• Maker Fee – for placing limit orders

• Taker Fee – for market orders that fill instantly

💡 Tip: Holding BNB = lower trading fees on Binance

⸻

🔗 2. Network Fees (Gas Fees)

Paid to blockchain validators for processing your transactions.

• ETH Network – gas can spike in busy times

• BTC Network – fee depends on transaction size

• Layer 2s – cheaper, faster options (e.g., Arbitrum, Polygon)

⸻

🏦 3. Withdrawal Fees

When you move crypto off an exchange to your wallet.

• Fixed or variable depending on the asset

• Always double-check before confirming!

⸻

💡 Save fees by:

✅ Using limit orders

✅ Trading during low network activity

✅ Choosing the right blockchain (L2 > L1)