What are Crypto Trading Fees?

Crypto trading fees refer to the costs incurred by a trader when they buy or sell cryptocurrencies on a digital asset exchange. These fees are typically paid in the cryptocurrency being traded. They are used to compensate the exchange for the services it provides, such as facilitating trades and maintaining the platform. There are typically two fees associated with trading cryptocurrencies: maker and taker fees. Maker fees are paid by traders who add liquidity to the market by placing limited…