HCP
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<insert witty quote here>
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May 27, 2017, 10:47:00 PM |
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Take a look at the guys deposits... 0.0008, 0.0007... even the 0.001 stuff is low. He is geting a bunch of mining "dust"... and then tries to send 0.01. Do the math, best case scenario it is likely to be a minimum of like 10 inputs required to make it up to 0.01.
10 * 148 = 1480 bytes just for inputs... add in 68 for the Receive address and Change address... + 10 for the transaction framework... = 1558 bytes... at current recommended fees of 350-400 you're looking at around 0.006 in fees for the best case...
I suspect that either you are probably running into a similar situation... after calculating the transaction fee on all your dust inputs, there isn't much left for you to actually exchange with shapeshift...
or, your "small deposit" hasn't actually confirmed yet and the wallet is only letting you convert the confirmed balance.
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burnedbyfees
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May 27, 2017, 10:58:48 PM Last edit: May 28, 2017, 02:59:38 PM by burnedbyfees |
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That appears to be the case in his (youtube miner)situation maybe, I sent the money out and ended up getting charged once, leaving $0.38 of the $2.30 I've edited myy post to reflect this. Either way the in-app FAQ is less than truthful to be kind.
Also, I only did the one deposit of $2.30 ish, Not multiple deposits.I'll post a screenshot if you want.
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burnedbyfees
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May 27, 2017, 11:13:40 PM |
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or, your "small deposit" hasn't actually confirmed yet and the wallet is only letting you convert the confirmed balance.
Nope, everything is out now and my balance is zero. There were 2 transactions, $2.30ish in $0.38 out. https://ibb.co/eFZBJF
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OmegaStarScream (OP)
Staff
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Activity: 3654
Merit: 6409
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May 28, 2017, 11:25:33 AM |
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I'm going to transfer your concerns to the team and ask them to answer you If that helps anyway, even though I don't fully understand the problem. I will keep you updated with the staff answer (or they will post here themselves).
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jp
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May 28, 2017, 01:17:45 PM |
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@burnedbyfees: Thank you for bringing to our attention our old and outdated FAQ question about BTC fees. If I recall correctly, that was written in 2015 and as we all know, the Bitcoin network is more congested than it was at that point. The Bitcoin network is very expensive right now. We also have work to do to communicate this difference of available funds on the exchange section. We have made massive improvements on the send screen, which it's interesting that you left those screenshots out... Here is the support article on the situation: http://support.exodus.io/knowledge_base/topics/why-is-my-available-balance-less-than-my-wallet-balanceFinally, as far as our non-existent support. I'm sorry this was your experience. Who handled your ticket? I'd like to review the correspondence.
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Helping the world exit the traditional financial system.
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burnedbyfees
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May 28, 2017, 02:54:56 PM |
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I clicked the in-app support and got something like "down for maintenance". I can't remember now because I've uninstalled the app.
Look I know what it's like to start something and ask for peoples interest and trust, and I also know there are external factors beyond your control. So if you are changing the FAQ to reflect the true cost of the fees I will delete my first post.
The main issue I had is the FAQ, but also the automatic highest fees.
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goldenpay
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May 30, 2017, 04:15:49 AM |
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this multi -currency wallet is good , but the sending ( miner ) fee is too high, and no way to adjust the fee...
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savioroshan
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May 30, 2017, 12:04:40 PM |
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One of my friends recommended me to use this wallet . I havent tried this wallet yet. But going to try this wallet very soon. How about the transaction fees? Actually I am searching for a wallet with less transaction fees. I am actually using coinbase. Now it has become impossible to use it because of its hugh transaction fees.
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bL4nkcode
Copper Member
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Merit: 1307
Limited in number. Limitless in potential.
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May 30, 2017, 12:46:08 PM |
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One of my friends recommended me to use this wallet . I havent tried this wallet yet. But going to try this wallet very soon. How about the transaction fees? Actually I am searching for a wallet with less transaction fees. I am actually using coinbase. Now it has become impossible to use it because of its hugh transaction fees.
You must know that in every transaction you will make in any kind of wallet, the more dust payments you received from anyone the higher transaction fee will be made when you are going to send to someone. So avoid receiving dust payments to prevent higher fee.
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OmegaStarScream (OP)
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Activity: 3654
Merit: 6409
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May 30, 2017, 05:25:07 PM |
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this multi -currency wallet is good , but the sending ( miner ) fee is too high, and no way to adjust the fee...
I believe that a good wallet is a wallet where your transactions get confirmed fast and that's the purpose behind high fees. It definitely won't hurt to set dynamic fees though. One of my friends recommended me to use this wallet . I havent tried this wallet yet. But going to try this wallet very soon. How about the transaction fees? Actually I am searching for a wallet with less transaction fees. I am actually using coinbase. Now it has become impossible to use it because of its hugh transaction fees.
You must know that in every transaction you will make in any kind of wallet, the more dust payments you received from anyone the higher transaction fee will be made when you are going to send to someone. So avoid receiving dust payments to prevent higher fee. Exodus > Coinbase, at any time. For the simple reason that you don't really control your private keys with coinbase, not to mention the issues they are having with the IRS and the ridiculous needed verification when you want to use their exchange.
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burnedbyfees
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May 30, 2017, 11:20:43 PM |
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It's a good looking and easy to use wallet with a low footprint but the fees are high, with no way to choose.
The FAQ is out of date, which led me to think I may have been scammed when the fee was much higher than expected, but in retrospect it appears I may have been too critical.
I may give it another try, if you try it, it's not worth it for any amount under $20, as a not insignificant chunk of it will be eaten by fees. I'd say it's only for people making larger transactions $50-100+
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atricoz
Member
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Merit: 10
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June 01, 2017, 07:15:36 PM |
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Is it possible to sign/verify a message with Exodus Wallet? Can't find this option
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OmegaStarScream (OP)
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Merit: 6409
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June 02, 2017, 09:12:13 AM |
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Is it possible to sign/verify a message with Exodus Wallet? Can't find this option No that's not currently possible however you can always export your private keys and do whatever you want with them. (signing messages by importing them somewhere else etc.). The wallet is not really for advanced users, not everyone knows what signing and verifying messages is, Its mostly for the newbie users that don't really know much about the technical stuff in bitcoin.
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LeGaulois
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Activity: 2940
Merit: 4101
Top Crypto Casino
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June 03, 2017, 01:59:27 PM |
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Hi Can you tell me if all cryptos listed in this pic is accurate or there are others that are not present on the picture. And are they planning to add more in a near future ? This wallet look good and UI is nice I am ready to give it a try to this multi crypto wallet
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OmegaStarScream (OP)
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Merit: 6409
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June 04, 2017, 07:36:58 AM |
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Hi
Can you tell me if all cryptos listed in this pic is accurate or there are others that are not present on the picture. And are they planning to add more in a near future ? This wallet look good and UI is nice I am ready to give it a try to this multi crypto wallet
The picture is very accurate however as you can see, Factom is planned for Q2 2017 (next a few weeks/months) and yes, they have plans to add more coins in the upcoming updates. I have posted the roadmap on the OP too: http://woobull.com/exodus-wallet-roadmap-a-list-of-upcoming-asset-support/
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Qunenin
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June 04, 2017, 11:30:54 AM |
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Couple of quick questions. These may have been answered in the pages, but all I had time to do was read the OP and scan a few pages. Basically all of the questions have to do with updates to the wallet software. First, if you release a new version does the wallet check for that and either offer an upgrade or auto upgrade. The other questions all stem from that point. I had a piece of software that had shapeshift involved and it worked well, but I that shaftshape changed their API shortly after their launch and the software stopped working with that service. They didn't mention an upgrade, but I looked at the site and found one, installed it and the data that was with the old suite never integrated.
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. .1xBit.com. | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | | │ | | │ | | ! |
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mrayazgul
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June 04, 2017, 01:04:10 PM |
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That appears to be the case in his (youtube miner)situation maybe, I sent the money out and ended up getting charged once, leaving $0.38 of the $2.30 I've edited myy post to reflect this. Either way the in-app FAQ is less than truthful to be kind.
Also, I only did the one deposit of $2.30 ish, Not multiple deposits.I'll post a screenshot if you want.
It was a series of painful crap to get everything working again with the same account details. In the same vane, if you add or remove new coins, will the software just know that or will some upgrading need to be done.
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TryNinja
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Top Crypto Casino
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June 04, 2017, 01:15:48 PM |
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I stopped using this wallet when I couldn't manage to set my own custom fees.
From time to time I receive some dust amounts of BTC and because of that, I end up having to pay a lot on fees when I want to move my money to another wallet. To avoid paying 50% of the value in fees because of the large number of inputs, I occasionally send all my Bitcoins to another address with a very low fee to make them one big output to be used in my new address.
And that is the problem... I can't do that on Exodus because I can't customize my fees to be lower than the recommended.
Make this feature available on Exodus and I will make sure to use your wallet.
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OmegaStarScream (OP)
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Activity: 3654
Merit: 6409
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June 04, 2017, 03:08:20 PM |
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I stopped using this wallet when I couldn't manage to set my own custom fees.
From time to time I receive some dust amounts of BTC and because of that, I end up having to pay a lot on fees when I want to move my money to another wallet. To avoid paying 50% of the value in fees because of the large number of inputs, I occasionally send all my Bitcoins to another address with a very low fee to make them one big output to be used in my new address.
And that is the problem... I can't do that on Exodus because I can't customize my fees to be lower than the recommended.
Make this feature available on Exodus and I will make sure to use your wallet.
You can contact the team from the slack channel I posted on OP and suggest whatever you like, I'm not a team member. Couple of quick questions. These may have been answered in the pages, but all I had time to do was read the OP and scan a few pages. Basically all of the questions have to do with updates to the wallet software. First, if you release a new version does the wallet check for that and either offer an upgrade or auto upgrade. The other questions all stem from that point. I had a piece of software that had shapeshift involved and it worked well, but I that shaftshape changed their API shortly after their launch and the software stopped working with that service. They didn't mention an upgrade, but I looked at the site and found one, installed it and the data that was with the old suite never integrated.
I'm not sure about your first question, I will ask the team and get back to you. As for the second, I have no idea what you are talking about "piece of software" If you have another software using the ShapeShift API then this has nothing to do with the wallet and your question is irrelevant.
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