Hi everyone, I've put hours of research in over the last couple of weeks and still have some questions.
I got started on Coinbase about a month ago and purchased about $500 US dollars worth of BTC, ETH and LTC each. I'm going to be sending the currency I don't plan on using for daily purchases to GDAX, and then I'd like to place it into a wallet for 1+ years. Currently, the only wallet I have set up is through blockchain.info, so I have nowhere to place my ETH and LTC right now besides Coinbase, which obviously isn't where I want it. I do plan on getting invested into more alts in the near future so I've considered both Exodus and Jaxx. I don't believe I have enough invested right now to purchase a hardware wallet, but I do think that's something I will pursue down the road once I have more than a beginner's understanding of everything (Feel free to change my mind). A few questions I have:
1) I understand BTC has higher network fees regardless of which of the two aforementioned wallets you use. Is this also the case for transfers involving ETH, LTC, and other coins?
2) Would it be more cost efficient to have separate wallets for each form of currency I have (Such as Electrum for BTC, MEW for ETH, and Electrum-LTC for Litecoin), or to house everything in just Exodus/Jaxx?
3) I've heard that you can export private keys from exodus into blockchain.info to save on fees. Is this safe or smart, or should this practice be avoided?
4) Regarding hardware wallets, say I purchase $100 worth of any coin each month as an investment. Is it a simple process to continually move that currency from whichever exchange I buy from onto the hardware wallet? Or is it better to, lets say deposit one large amount per year?
Thank you in advance for the help! Any additional insight would be greatly appreciated.
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