If you are noticing that the profits you are making are not what you expected, even after achieving a profit point and then withdrawing funds and re-entering, there may be several factors affecting this:
### 1. **Fees on Binance**:
Binance charges a fee for each trade, whether buying or selling. Even if there is a profit point, fees can affect the overall profit. Trading fees can reach 0.1% per transaction, and may be higher in some cases.
### 2. **Slippage**:
- When orders are executed, the market may experience a price difference between the expected price and the actual execution price, known as âslippage.â This can affect the final profit.
### 3. **Volatile Markets**:
- In cryptocurrency markets, prices can be highly volatile, meaning the price may change quickly before orders are executed, affecting profits.
### 4. **Re-entry at different prices**:
- If you withdraw funds and then re-enter, the new entry price may be significantly different from the previous one, affecting the size of your profits or losses.
### 5. **Withdrawal and Deposit Fees**:
- Make sure you understand withdrawal and deposit fees, as these fees can impact your overall profit when withdrawing and re-entering funds.
### 6. **Monitoring price differences**:
- Be sure to monitor the price differences between buying and selling transactions, as well as the fees associated with transfers.
To reduce the impact of fees and spreads on your profits, you can:
**Evaluate fees regularly**: Make sure you understand the fees applied to trades and withdrawals.
- **Choosing suitable trading times**: Try to trade at times when the price differences are lower.
- **Avoid excessive repetition**: Avoid withdrawing funds and re-entering excessively to reduce transaction costs.
Reviewing your Binance transaction history can help you accurately determine the impact of fees and spreads.
