translated article in markdown format

No JSON, no code blocks. Just plain text with sections.

We need to translate title, summary, and the article content (including HTML tags? The original article contains HTML tags like

,

,

, etc. We need to translate article in markdown format. So we should convert HTML to markdown? The instruction: "translated article in markdown format". So we should produce markdown version, translating the text, but keep markdown syntax (like # for headings, etc). We'll need to convert HTML headings to markdown:

=> #,

=> ##, etc. Also

=> just paragraphs.

and
• => markdown list with - or *. Keep formatting.

  We'll translate everything to Korean. Ensure summary under 160 characters. Let's craft.

  Original title: "Choosing a Crypto Exchange: Fees, Security & Affiliate Benefits"

  Korean translation: "암호화폐 거래소 선택: 수수료, 보안 및 제휴 혜택"

  Check length: fine.

  Summary original: "Learn how to evaluate crypto exchanges by comparing fees, security measures, and affiliate program benefits to pick the safest, most cost‑effective platform for your trading needs."

  Korean: "수수료, 보안 조치 및 제휴 프로그램 혜택을 비교하여 가장 안전하고 비용 효율적인 거래소를 선택하는 방법을 알아보세요."

  Count characters: Let's count roughly: "수수료, 보안 조치 및 제휴 프로그램 혜택을 비교하여 가장 안전하고 비용 효율적인 거래소를 선택하는 방법을 알아보세요." That's maybe ~80 characters. Good.

  Now content: We'll translate each part.

  We need to convert HTML to markdown.

  Original HTML:

  How to Choose the Right Crypto Exchange Based on Fees, Security, and Affiliate Benefits

  Selecting a cryptocurrency exchange is one of the most important decisions you’ll make as a trader or investor. With dozens of platforms vying for your attention, it’s easy to feel overwhelmed. By focusing on three core criteria—fee structure, security safeguards, and affiliate program advantages—you can narrow down the options and find an exchange that aligns with your trading style and financial goals.

  Understanding Fee Structures

  Fees directly impact your profitability, especially if you trade frequently. Most exchanges charge a combination of the following:

  • Trading fees: Usually a percentage of each trade, split into maker and taker rates. Maker fees apply when you add liquidity (limit orders that sit on the book), while taker fees apply when you remove liquidity (market orders that fill instantly). Look for exchanges with low taker rates if you rely on quick entries and exits.
  • Deposit and withdrawal fees: Some platforms charge flat fees for moving fiat or crypto in and out. Others offer free deposits but charge withdrawals that vary by network congestion. Always check the fee schedule for the specific assets you plan to use.
  • Hidden costs: These include spreads (the difference between buy and sell prices), inactivity fees, and fees for certain payment methods like credit cards. A seemingly low trading fee can be offset by a wide spread, so examine the total cost of a round‑trip trade.

  When comparing fees, create a simple spreadsheet. List the maker/taker percentages, typical withdrawal fees for your preferred coins, and any deposit charges. Then estimate your monthly volume to see which exchange yields the lowest net cost.

  Evaluating Security Measures

  Security is non‑negotiable. An exchange with low fees but weak protection can expose you to hacks, insolvency, or fraud. Focus on these security pillars:

  • Cold storage percentage: Reputable exchanges keep the majority of user funds in offline wallets. Aim for platforms that store at least 90% of assets in cold storage.
  • Two‑factor authentication (2FA): Ensure the exchange supports 2FA via authenticator apps (Google Authenticator, Authy) rather than SMS, which is vulnerable to SIM‑swapping.
  • Regulatory compliance and insurance: Exchanges that are licensed in reputable jurisdictions (e.g., FinCEN in the U.S., FCA in the UK) often have stricter operational standards. Some also offer insurance policies covering losses from breaches.
  • Audit history and transparency: Look for regular third‑party security audits, proof‑of‑reserves reports, and bug bounty programs. Transparency about past incidents and how they were handled builds trust.
  • Withdrawal whitelists and anti‑phishing codes: Features that let you pre‑approve withdrawal addresses and set custom anti‑phishing emails add another layer of defense.

  Before committing funds, test the exchange’s security by enabling 2FA, setting a withdrawal whitelist, and making a small deposit and withdrawal to verify the process works smoothly.

  Assessing Affiliate Benefits

  If you plan to refer others or earn passive income, an exchange’s affiliate program can be a valuable perk. Consider the following elements:

  • Commission structure: Programs typically pay a percentage of the trading fees generated by your referrals. Rates range from 10% to 50% of the exchange’s revenue share. Higher percentages are attractive, but verify whether they apply to all trading pairs or only certain ones.
  • Tiered rewards: Some exchanges increase your commission as you refer more users or as their trading volume grows. Look for clear milestones and realistic thresholds.
  • Payment frequency and method: Affiliate earnings may be paid daily, weekly, or monthly, and can be delivered in crypto, fiat, or exchange tokens. Choose a schedule that matches your cash‑flow needs.
  • Marketing resources: Quality programs provide banners, landing pages, tracking links, and analytics dashboards. Good support makes it easier to promote the exchange effectively.
  • Reputation impact: Promoting an exchange with

  Note: The last item is cut off: "Promoting an exchange with" incomplete. Probably original got truncated. We'll translate what we have; maybe we can complete with something like "Promoting an exchange with poor reputation can harm your own credibility." But we should stay true to original. Since it's incomplete, we can translate as is: "평판 영향" and then incomplete sentence. We'll just translate the fragment: "Reputation impact" => "평판 영향". And the incomplete sentence we can leave as is? Better to translate the fragment: "Promoting an exchange with" => "다음과 같은 거래소를 홍보할 때". But it's ambiguous. We'll just translate the given text: "Reputation impact: Promoting an exchange with" => "평판 영향: 평판이 좋지 않은 거래소를 홍보할 때". We'll add a reasonable completion? Might be safer to just translate literally: "평판 영향: 평판이 좋은 거래소를 홍보할 때". However, we shouldn't add content not present. The original incomplete sentence may be a mistake; we can just translate the fragment we have: "평판 영향: 거래소를 홍보할 때". Let's do that.

  Now produce markdown:

  적절한 암호화폐 거래소 선택: 수수료, 보안 및 제휴 혜택 기준

  Then paragraphs.

  We'll translate.

  Let's do step by step.

  Title line: TITLE: translated title

  Summary line: SUMMARY: translated summary

  Then blank line? Then CONTENT: line then newline then markdown.

  Make sure no extra code blocks.

  Let's craft Korean translation.

  Title: "암호화폐 거래소 선택: 수수료, 보안 및 제휴 혜택"

  Summary: "수수료, 보안 조치 및 제휴 프로그램 혜택을 비교하여 가장 안전하고 비용 효율적인 거래소를 선택하는 방법을 알아보세요."

  Now content.

  We'll convert headings:

  적절한 암호화폐 거래소 선택: 수수료, 보안 및 제휴 혜택 기준

  But original heading: "How to Choose the Right Crypto Exchange Based on Fees, Security, and Affiliate Benefits". We'll translate: "수수료, 보안 및 제휴 혜택을 기반으로 적절한 암호화폐 거래소 선택하기". Let's decide.

  I'll use: "# 수수료, 보안 및 제휴 혜택을 기준으로 적절한 암호화폐 거래소 선택하기"

  Now first paragraph: Translate.

  "Selecting a cryptocurrency exchange is one of the most important decisions you’ll make as a trader or investor. With dozens of platforms vying for your attention, it’s easy to feel overwhelmed. By focusing on three core criteria—fee structure, security safeguards, and affiliate program advantages—you can narrow down the options and find an exchange that aligns with your trading style and financial goals."

  Korean: "암호화폐 거래소를 선택하는 것은 트레이더나 투자자로서 내릴 수 있는 가장 중요한 결정 중 하나입니다. 수십 개의 플랫폼이 관심을 끌기 위해 경쟁하면서 압박감을 느끼기 쉽습니다. 수수료 구조, 보안 safeguard, 제휴 프로그램 혜택이라는 세 가지 핵심 기준에 집중하면 옵션을 좁히고 자신의 거래 스타일과 재정 목표에 맞는 거래소를 찾을 수 있습니다."

  Note: "safeguards" translate as "보안 조치". We'll use "보안 조치".

  Now second heading: "Understanding Fee Structures" => "# 수수료 구조 이해"

  Paragraph: "Fees directly impact your profitability, especially if you trade frequently. Most exchanges charge a combination of the following:"

  Korean: "수수료는 특히 자주 거래할 경우 수익성에 직접적인 영향을 미칩니다. 대부분의 거래소는 다음과 같은 수수료 조합을 부과합니다."

  Now list items.

  First item: "Trading fees: Usually a percentage of each trade, split into maker and taker rates. Maker fees apply when you add liquidity (limit orders that sit on the book), while taker fees apply when you remove liquidity (market orders that fill instantly). Look for exchanges with low taker rates if you rely on quick entries and exits."

  Korean: "거래 수수료: 일반적으로 각 거래의 퍼센티지로, 메이커와 테이커 비율로 나뉩니다. 메이커 수수료는 유동성을 추가할 때(주문서에 머무는 지정 주문) 적용되며, 테이커 수수료는 유동성을 제거할 때(즉시 체결되는 시장 주문) 적용됩니다. 빠른 진입과 청산을 의존한다면 테이커 수수료가 낮은 거래소를 찾으세요."

  Second item: "Deposit and withdrawal fees: Some platforms charge flat fees for moving fiat or crypto in and out. Others offer free deposits but charge withdrawals that vary by network congestion. Always check the fee schedule for the specific assets you plan to use."

  Korean: "입출금 수수료: 일부 플랫폼은 법정화폐나 암호화폐를 이동할 때 고정 수수료를 부과합니다. 다른 플랫폼은 입금은 무료이지만 네트워크 혼잡도에 따라 변동하는 출금 수수료를 부과합니다. 이용하려는 특정 자산의 수수료표를 항상 확인하세요."

  Third item: "Hidden costs: These include spreads (the difference between buy and sell prices), inactivity fees, and fees for certain payment methods like credit cards. A seemingly low trading fee can be offset by a wide spread, so examine the total cost of a round‑trip trade."

  Korean: "숨은 비용: 여기에는 스프레드(매수와 매도 가격 차이), 비활동 수수료, 신용카드와 같은 특정 결제 방법에 대한 수수료가 포함됩니다. 표면적으로 낮은 거래 수수료라도 넓은 스프레드로 상쇄될 수 있으므로 왕복 거래의 총 비용을 검토하세요."

  Paragraph after list: "When comparing fees, create a simple spreadsheet. List the maker/taker percentages, typical withdrawal fees for your preferred coins, and any deposit charges. Then estimate your monthly volume to see which exchange yields the lowest net cost."

  Korean: "수수료를 비교할 때 간단한 스프레드시트를 만드세요. 메이커/테이커 비율, 선호하는 코인의 일반적인 출금 수수료, 그리고 입금 수수료를 나열한 후 월간 거래량을 추정하여 가장 순수 비용이 낮은 거래소를 찾아보세요."

  Now heading: "Evaluating Security Measures" => "# 보안 조치 평가"

  Paragraph: "Security is non‑negotiable. An exchange with low fees but weak protection can expose you to hacks, insolvency, or fraud. Focus on these security pillars:"

  Korean: "보안은 협상의 여지가 없습니다. 수수료는 낮지만 보호가 약한 거래소는 해킹, 파산, 사기에 노출될 수 있습니다. 다음 보안 핵심 요소에 집중하세요."

  List items.

  First: "Cold storage percentage: Reputable exchanges keep the majority of user funds in offline wallets. Aim for platforms that store at least 90% of assets in cold storage."

  Korean: