What’s your fee structure?

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5 comments

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    Bikram Agarwal

    The Price Show While Conversion is Including the Conversion Fee or Fee is Extra..!

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    Fabrice Personeni

    The only think I know is that on jaxx wallet was changing from Zcash coin to BTC and on 5 dollars you kept : 60 Cents ..., So unless the Jaxx kept the fee yours fees are really high!!! over 10%!!!! feel free to correct me if I am wrong and please explain...

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    Lordscales91

    @Fabrice

    Actually, they don't kept the fee, technically it was used for the miner fee, because they have set up a fee of 0.0006 BTC, you can check it out here: https://info.shapeshift.io/about

    However, I must say that I think it's a bit too high. This page shows the cheapest fee possible to get a confirmation fast enough: https://bitcoinfees.21.co/

    At the time of writing the fee for a median size transaction is 20,340 satoshis which are worth around $0.15 ... I understand that here at Shapeshift they work with much larger transactions, with multiple inputs from different users but... Why the fee is not spread among all the users involved in a transaction?

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    1ParkPlace

    Shapeshift makes money from the "spread", i.e. about .5 to 1% of each transaction. For zec-btc right now its about 1%.  Seems kind of high to me.

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    Crazylocod

    I'm not getting the miner fee on the shapeshift app

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