If the service is at optimal functioning parameters, trading on the platform should seem as easy as sending cryptocurrency from one wallet to another. There are no deposit and withdrawal fees. Like fiat currency, it should be taken into consideration the exchange rate offered as the ‘exchange’ will most likely have a margin fee. The exchange supports over 50 cryptocurrencies. All transactions require a miner fee, which is established by the blockchain network. In its place, the company makes profits from receiving the coin’s miner fee, which users have to pay when transacting on their platform. ShapeShift doesn’t charge any fees for its trading services.
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