Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?
It is very important to understand that the goal while trading is to reduce extra expenses such as extremely high trading fees. Therefore, the strategy that I apply while trading is choosing an exchange that has moderate trading fees. With this, I ensure that I do not end up using more money than the required for mere trading fees. The ultimate goal is to make profits, not spend. Thanks to cryptocurrency, crypto exchanges usually have greatly reduced trading fees, which is one of the benefits of the the cryptoworld.