Does Exodus take fees? | Bitcointalksearch.org

XXX_BTC1@

newbie

Activity: 28

Merit: 0

Quote from: efeaydin on September 01, 2017, 08:32:21 AM

Hello. My friend sent me Bitcoins today and I've seen that there is 2 recipient addresses. Does Exodus take fees?

Transaction:

https://blockchain.info/tr/tx/5b3afbd62157e05c58462bff9e4f4ceaa23ca1d2728ce03aedac1446e0ffcb7a

no it is not taking any fee. you have to try once it is. really good and secure most of the people using to this. but few times it taking fee while your doing trading in that time only. so you have to take and buy it is and keep secure to your wallet. from this wallet to we have to transfer one place to another place easily.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

The answers given above are most likely correct, but to add more, exodus only take fees (a percentage of them) while you are doing trades from one currency to another and I believe they are taken through ShapeShift and not directly to their wallets.

TryNinja

legendary

Activity: 2758

Merit: 6830

No. Just like shaggy404 said above, this is your change. The second amount is still on your control.
I don't think there is any wallet that charges fees for transactions. And If any of them do, you shouldn't be using them in the first place.

Quote

When the output of a transaction is used as the input of another transaction, it must be spent in its entirety. Sometimes the coin value of the output is higher than what the user wishes to pay. In this case, the client generates a new Bitcoin address, and sends the difference back to this address. This is known as change.

You should read this: https://en.bitcoin.it/wiki/Change

shaggy404

full member

Activity: 243

Merit: 100

Quote from: efeaydin on September 01, 2017, 08:32:21 AM

Hello. My friend sent me Bitcoins today and I've seen that there is 2 recipient addresses. Does Exodus take fees?

Transaction:

https://blockchain.info/tr/tx/5b3afbd62157e05c58462bff9e4f4ceaa23ca1d2728ce03aedac1446e0ffcb7a

Most likely the other address is a 'change address' from your friend's wallet. So it has gone back to him, not to Exodus.

Please google 'Bitcoin Change Address' to understand the concept.

efeaydin

full member

Activity: 181

Merit: 102

Hello. My friend sent me Bitcoins today and I've seen that there is 2 recipient addresses. Does Exodus take fees?

Transaction:

https://blockchain.info/tr/tx/5b3afbd62157e05c58462bff9e4f4ceaa23ca1d2728ce03aedac1446e0ffcb7a

Topic: Does Exodus take fees? (Read 766 times)