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Kudos0

I'd make more money in jail! Again - Norton Crypto wants to much gas

I said I'd make more money in jail making license plates like I see on TV. My last post was the gas (which I'm told about and closed my last case) would cost me 66%. I said WTF, some people explained for me to wait some criticized me for talking bad about Norton Crypto, (To him I give the one up salute).

This time I would have to pay instead of earning! WTF? It may be just I'd pay one cent but after a week plus mining, why do I have to pay more than I earned?My last post screen grab, & I complained about that? Ha! compared to todays "Let's make a Deal" ..........

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Kudos2 Stats

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

The 'gas fee' is run by the ETH network (not Norton, or any other mining app) and is per transaction, no matter how much you transfer. When you transfer to Coinbase that is 1 transaction. I did some research on it pervious to my 1st transfer. - Gas fees are lowest around 1-3 am UTC, about 5-7 pm PST. During the day in US its high. - Transfer $10 worth of ETH with fee of $11, for example, yep...a loss - Same gas fee would be charged during same time frame if transferring $130, net $119. - Portion of the gas fee goes back to miners. - I transferred mine as ETH to Coinbase last eve, about $8 gas fee at the time. About $56 worth netted $48. It does help to wait when you have more ETH to transfer. Hope this helps.

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Kudos0

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

A couple of points, there is no need to be unkind in your posts, we are here to help. Second, Norton does not control the gas price (nor receive that fee), that is based on the Ethereum Network and how much traffic (supply/demand) there is.

Right now the gas price is a bit better than when you tried, but I would highly recommend to wait until you have a lot more money before trying to move it. What would be the purpose in moving it? The money in your Norton wallet is real Ethereum. It will fluctuate with the price of Ethereum, but paying transaction fees that are really high to move such little money doesn't make sense.

Kudos0

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

A little or a lot, I'm having to pay to have every last cent taken. Like am I hiring someone to take all the money, clean me out I'll pay you that extra I owe you next lap when I get more Ethereum. Oh, probably be underwater then too. It was Norton who plugged this mining one day on my virus scanner. I'm sure they didn't just do that for nothing. What % deal does Norton get? Is the help I get to just tell me not to move the Ethereum, well haven't got anything of a better idea posted. Same hat new face.......

Kudos0

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

@wayne, there is no magic trick to get around the Ethereum gas fee, nothing we can do about that. Norton's fee is 15% however that has already been removed during mining, so what you see in your wallet is what you have.

Again it's your choice what and when to move. There is nothing more we can offer. We show the gas fee and the amount you have. Your trying to move $13, which at the current gas price doesn't make sense. If you were trying to move $130 then the gas fee will remain the same.

Kudos0

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

I keep getting told "trying to move $13, which at the current gas price doesn't make sense. If you were trying to move $130 then the gas fee will remain the same.". So when I'm trading $13 and the fee is $13.02 is there a gas percentage to look out for or when I $130 will I be charged $130.02? Sorry about being a newbie but my first trade I made I gave half away, the second trade it seemed I couldn't or wasn't allowed for almost a month and I posted a not able to trade post. Will it still be 0.004977 fee at $130 which will probably take 59% - 75%. My thought is I'm still in the same boat letting my computer run for someone else to walk away with a little bit of pocket change and I'm out of luck

Accepted Solution
Kudos2 Stats

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

The 'gas fee' is run by the ETH network (not Norton, or any other mining app) and is per transaction, no matter how much you transfer. When you transfer to Coinbase that is 1 transaction. I did some research on it pervious to my 1st transfer. - Gas fees are lowest around 1-3 am UTC, about 5-7 pm PST. During the day in US its high. - Transfer $10 worth of ETH with fee of $11, for example, yep...a loss - Same gas fee would be charged during same time frame if transferring $130, net $119. - Portion of the gas fee goes back to miners. - I transferred mine as ETH to Coinbase last eve, about $8 gas fee at the time. About $56 worth netted $48. It does help to wait when you have more ETH to transfer. Hope this helps.
Kudos0

Re: I'd make more money in jail! Again - Norton Crypto wants to much gas

Look at the current transaction fee in your wallet. Right side in red. That number is the charge you will pay to transfer.  Its not dependent on how much you are transferring. That will be your charge. Hover over the 'what is this' and it is explained there. Hope this helps you.