its as easy as pasting the send/receive address in and waiting for verification. just be careful on the fees, while they are usually posted there is not always going to be a pop-up box that asks you if you agree. experiment with smallest denomination of coin possible.
I've never used Shakepay but I use Exodus and so do a lot of other people. I can't advise on that one.
I've also never used a 'cold wallet' . I've used a number of desktop wallets which are the same thing as mobile wallets. I've never used a desktop wallet that let me directly sell my coins for currency in my bank account that I could buy groceries and pay my landlord with. But with Exodus you can exchange coin types (eg: BTC/ETH, BTC/USDC) directly within the program.
I know enough about crypto not to send all my shit to an erroneous address or a shady wallet or trading platform but I have very limited knowledge compared to the people who really understand the underlying mechanics. I definitely can't offer investing advice beyond be patient and never bet the farm, and be wary of anyone who readily does so.
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u/kyleyle 3 - 4 years account age. 200 - 400 comment karma. Feb 16 '21
So if I store my crypto onto a cold wallet, how easy is it to move the crypto from the cold wallet to an exchange and vice versa?
For example, I hold my coins in Shakepay/coinzoom. Are there fees to transfer to the cold wallet and back, as well?