RE: Why I Chose The Exodus Wallet For My Daily Activity

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Why I Chose The Exodus Wallet For My Daily Activity

in cryptocurrency •  7 years ago 

I got this from Exodus themselves: "The rate you get using Exodus or directly through ShapeShift's website is exactly the same, there are no extra fees for our users when they exchange inside Exodus."

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7 years ago by

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      ·  7 years ago 

    Yeah I believe you are correct. Obviously there is going to be some fees from the underlying service that allows the exchanges, especially since its not on an exchange like bittrex.

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        ·  7 years ago 

      Yes, the actual exchange will have some fees, which is reasonable since this is their way of income. But that Exodus doesn't add fees on top of that is just really great, because that makes exchanging the currencies so much easier - you can do the exchange from within the application, instead of moving the funds manually to and from the exchange.

      Kudos to Exodus for this feature!

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          ·  7 years ago 

        I would imagine the fees would be more reasonable on an exchange though, especially if you're into day trading.

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            ·  7 years ago 

          Yeah, maybe. Maybe if you use other exchanges then ShapeShift. But ShapeShift and Exodus does use the exact same fee,so in that particular case I don't think even day trading would suffer from being initiated from within Exodus

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              ·  7 years ago 

            @birdperson, I may have misread your post, so if my reply isn't relevant you know why.

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                ·  7 years ago 

              No you were spot on, I actually just transferred a lot of funds into bittrex from Exodus. It's not a wallet but I want to hold so alt coins while I'm getting a trezor.

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