To whom it may concern, I decided to transfer my 0.004 crypto out of my Norton wallet to my other wallet and was charged 0.003 out of the 0.004. I thought you were only suppose to charge 15% that is way over 15%.
Ethereum uses a different algorithm on transactions compared to Bitcoin. Norton Crypto is only using Ethereum.
Not true 100 gwei is only $3.45 USD When I mine Bitcoin and with draw my and transfer it to coinbase I only pay 2% so not true.
To make it clear to anyone who reads this post, the transfer fees are not going to Norton or to CoinBase, this is the standard Ethereum fee used to process transactions. The gas price (fee) can vary greatly throughout the day and can change at any time based on the Ethereum network load (how many people are doing transactions).
It's measured in GWEI, and 55 gwei is ~$4.00 at the current price of ETH. So when this transaction was executed the gas fee must have been over 100. This goes back into the ETH network and not to Norton or CoinBase.