Warning to other that are trying out Shapeshift for first time through Jaxx. Read other with complaints, but thought how bad can it be. Well, that was a $10+ mistake from $50 worth of transaction.
Jaxx's UI is good, but never mentions the flat rate they charge when using Shapeshift. For a 1 LTC to BTC transaction they charged ~.003 BTC. So for $25 of LTC I only got $17 of BTC... For ETH it's .01 ETH fee. $10 of LTC got me $7-8 of ETH. Golem (GNT) had negligible fees.
Suggested to both companies to make this more transparent, especially in Jaxx app. Reviewing the app again I do see the "spendable" section... but that's not clear. It really should just show a separate fee row.
Screen shot below of my message with Shapeshift team. It is a good service though as coins transferred quickly, and customer service was really quick with same day response (really impressive compared to many online services which takes days/weeks). Always check Shapeshift site about their fee structure: https://info.shapeshift.io/about
Don't use bitcoin, its complete trash because of the network fee, Bitcoin costs almost 10 usd now just to exchange or move it.
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I'm sure it's still worth it to people that are doing larger exchanges. at $10 fee, the break even point would be around $4000 worth of coin transferred to be equivalent of .25% fee from exchanges.
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