{"content":"$BTC When trading or transferring Bitcoin ($BTC), understanding fees is crucial. Bitcoin network fees, also known as mining or transaction fees, are paid to miners to validate and confirm your transaction on the blockchain. These fees fluctuate based on network traffic—during high congestion, fees can spike significantly. On exchanges, you’ll also encounter trading fees, usually charged as a small percentage per order. For example, Binance offers reduced fees when paying with BNB or using maker orders. Additionally, withdrawing BTC to an external wallet involves a fixed fee, which varies by platform. While Bitcoin doesn’t have gas fees like Ethereum, its block size and transaction volume still impact costs. Timing your transfers during low-traffic periods can help reduce fees. Smart Bitcoin users always factor in these charges to avoid unnecessary losses. Every satoshi counts. ","images":[],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}