Common fee types to watch: spreads, monthly fees, trading fees, and hidden costs.
Common fee types to watch: spreads, monthly fees, trading fees, and hidden costs.
When people say “fees,” they usually mean a mix of: monthly fees, trade fees, and spreads (the difference between buy/sell prices).
Tip: Compare costs using the same $ amount and the same number of trades per month. A low monthly fee can still be expensive if spreads are wide.
Before funding, write down: monthly cost, estimated spread on major coins, any setup/closure fees, and withdrawal/transfer rules.
Step-by-step checklist to open, fund, and place your first trade.