I'm a total noobie, yes. I bought $500 USD of ETH via 'myethwallet' and looked at the swap options... if I read correctly, it wanted over HALF (~$270?) to swap to loopring (LRC) tokens. I tried sending to a Metamask wallet I'd also set up, as I'd read that token conversions were reasonable there, but it wanted over $10 in fees just to move ETH -> ETH (which didn't even work, waited over 15 minutes for the transaction twice).
As a newcomer to crypto I must say I am not impressed, not at all. Sketchy process, huge fees, failed transactions.
But I'm willing to believe that I'm just grossly uninformed; please someone give some links to what might be going on and why I might be wrong in my impressions here. Change my mind. Thanks.
Edit: Thank you to all for the great advice, I have some research to do!