#CryptoSecurity101 Are You Paying Too Much to Trade? đ°
Every crypto transaction comes with feesâbut knowing how they work can save you money and optimize your trades.
đč Trading Fees: Exchanges charge maker (adds liquidity) & taker (removes liquidity) fees. Watch for VIP levels & discounts!
đč Network Fees: Paid to miners/validators for processing transactions. Higher demand = higher fees (looking at you, Ethereum đ„).
đč Withdrawal Fees: Vary by exchange & networkâalways check before moving funds!
đč Slippage Costs: Hidden fee when market prices shift between order placement & execution.
đč DeFi Gas Fees: Swapping tokens? Gas fees can fluctuate based on network congestion.
đ How do you minimize fees in your trades? Share your tips below!
#BinanceFeed #CryptoTrading #TradingTips #Blockchain
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