common-close-0
BYDFi
Trade wherever you are!

Are there any fees associated with using the Exodus app for buying and selling cryptocurrencies?

avatarSheppard SantiagoDec 25, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using the Exodus app to buy and sell cryptocurrencies? I want to know if there are any additional costs that I should consider before using the app.

Are there any fees associated with using the Exodus app for buying and selling cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with using the Exodus app for buying and selling cryptocurrencies. When you make a transaction, Exodus charges a small fee to cover the network costs. The fee amount varies depending on the cryptocurrency you are trading and the current network congestion. It is important to note that these fees are not set by Exodus, but rather by the blockchain network itself. You can find more information about the specific fees for each cryptocurrency on the Exodus website or within the app itself.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Like most cryptocurrency exchanges and wallets, the Exodus app charges fees for buying and selling cryptocurrencies. These fees are necessary to ensure the smooth operation of the blockchain network and to cover the costs of processing transactions. The fee amount may vary depending on the cryptocurrency you are trading and the current market conditions. It's always a good idea to check the fee schedule on the Exodus app or website before making any transactions to have a clear understanding of the costs involved.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with using the Exodus app for buying and selling cryptocurrencies. However, it's important to note that these fees are not charged by BYDFi, the company behind the Exodus app. The fees are imposed by the blockchain network itself and are necessary to process and validate transactions. The fee amount may vary depending on the cryptocurrency you are trading and the current network congestion. To find out the specific fees for each cryptocurrency, you can visit the Exodus website or check within the app itself. It's always a good practice to be aware of the fees involved before making any transactions.