Are there any fees associated with the exchange rate on ShapeShift?

3 answers

• dennis wangMay 14, 2022 · 3 years ago
  Yes, ShapeShift does charge fees for their cryptocurrency exchanges. The fees vary depending on the currencies being exchanged and the current market conditions. It's important to note that the fees are included in the exchange rate, so you won't see a separate fee deducted from your transaction. ShapeShift aims to provide competitive rates and transparent pricing to its users.
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• Sarah RoweMar 17, 2024 · a year ago
  Absolutely! ShapeShift is not a charity, so they do charge fees for their services. However, they strive to keep the fees as low as possible to provide value to their users. The fees are built into the exchange rate, so you don't have to worry about any additional charges. Just keep in mind that the fees may vary depending on the specific currencies you're exchanging.
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• Rodriguez KofodSep 14, 2023 · 2 years ago
  Yes, there are fees associated with the exchange rate on ShapeShift. However, it's important to understand that these fees are not set by ShapeShift itself. The fees are determined by the network fees of the respective cryptocurrencies being exchanged. ShapeShift simply passes on these network fees to its users. So, if you're exchanging Bitcoin for Ethereum, for example, you'll be subject to the network fees of both Bitcoin and Ethereum.
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