Exchange Fee Black Hole: Have You Really Calculated the Costs?

Most trading platforms focus on fees. Basic trading fees range from $3 to $10, with the exact amount often depending on your account level and trading volume. This is just the entry cost.

The real hidden costs come from on-chain transactions. Take Pump Fun as an example, where each transaction incurs an additional 1% fee. It may seem small, but if you trade frequently, this money can eat up a significant portion of your profits. Let's do the math: 10 trades with a 1% fee each means 10% of your principal goes to fees.

Even more heartbreaking is that small traders have no bargaining power. Some try to participate with small funds, only to be gradually drained by various fees, ultimately realizing they are working for the platform.

This is why many later turn to lower-cost trading methods. Fee transparency and cost efficiency are becoming key factors in choosing a trading platform.