5 ms·
It doesn't matter. At the end of the day, all you care about is the exchange rate (e) for the number of tokens you send (x) and the number of tokens you get (y)
by amingilani 9y ago
It doesn't matter. At the end of the day, all you care about is the exchange rate (e) for the number of tokens you send (x) and the number of tokens you get (y). i.e (x/y = e)
The way the exchange determines this rate is entirely upto them. If it's too high, go somewhere else.. but no exchange is required to disclose how they derived their rate. Just because one did, doesn't mean it's any better than the other.
If the e(shapeshift) < e(evercoin), I'd go for Shapeshift, or vice-versa.
In the real world, I wouldn't expect a money-exchange at the airport to include a full breakdown of their costs on their exchange schedule.
- jpatokal 9y agoActually, in most of the world money exchangers are required by law to state if they charge flat fees/commissions/etc on top of exchange rates, and having "NO FEES/COMMISSIONS" is an advertising point. So it looks like Evercoin is in the "NO FEES" camp, which would usually mean crummier rates for larger sums, and Shapeshift is in the fee camp, again usually meaning you take a hit on small sums but get better rates for larger sums. (Note that I'm not sure if this is actually the case.)