Trust wallet moving things to another wallet for coinstats better tracking?

Lakai01

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Quote from: cryptoaddictchie on May 19, 2021, 09:13:36 PM

Quote from: Lakai01 on May 19, 2021, 07:28:51 AM

I am totally with you, AFAIK, however, Trust Wallet does not support a Layer 2 solution like Matic. The only thing that can be found in the context of Layer 2 and Trust Wallet is the (upcoming?) support of Immutable X for NFTs:

That's right, no layer2 on trust, so better OP transfer his fund to a metamask wallet cause using RPC network it can easily user the matic and fantom network and its totally a superb blockchain.
-snip-

Unfortunately, this is also the disadvantage of the whole Layer 2 solutions ... the respective tool (in this case just Trust Wallet or also a Dex) must support these first ... and you have to pay a lot of initial fees to be able to "switch" to the layer 2 solution at all.

The latter is also the point why my (Shit-)Coins from 2017/2018 are frozen. A transfer of the coins would eat up about as much in fees as the coins are worth. I just hope that with all the measures such as EIP-1559, the fees will also become cheaper accordingly, so that the transfers are worthwhile again at some point. I don't need to switch them right now and can therefore still wait.

cryptoaddictchie

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Quote from: Lakai01 on May 19, 2021, 07:28:51 AM

I am totally with you, AFAIK, however, Trust Wallet does not support a Layer 2 solution like Matic. The only thing that can be found in the context of Layer 2 and Trust Wallet is the (upcoming?) support of Immutable X for NFTs:

Oh really I didn't know this news actually thanks for the information. That's right, no layer2 on trust, so better OP transfer his fund to a metamask wallet cause using RPC network it can easily user the matic and fantom network and its totally a superb blockchain. I'm using fantom and trading on Spiritswap and to be honest, can't find a dex that fees only consume 0.0001 dollar with a hefty speed.

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Quote from: jimlaman8 on May 18, 2021, 10:39:25 PM

Is there a better way to move things out of trust wallet (ethereum based tokens and bnb ones too) without paying crazy network fees to move them (in particular Ethereum)

You have to go through with the exact process that you're thinking of avoiding. That's how the network goes, you have to pay for the existing fees.

And if the network says that you have to pay a quite high fee for your transaction to proceed and that's the suggested amount, you have no means of avoiding it.

But there's a way if you really want it, wait until the network settles and becomes quite empty or shows a low suggested fee before you proceed.

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Quote from: jimlaman8 on May 19, 2021, 12:02:13 PM

Example yesterday, had to send over eth, i guess no avoiding the gas fees as they are now, but because i did it twice on a send to the TW eth wallet it cost me $33 each time in gas fees. The other way was buying eth in trust wallet direct via moonpay, saved a bit but took 4 hours.

Your OP and this part of your last post that I quoted are contradictory. In OP, you are suggesting that you want to move your assets away from Trust Wallet. But in the last post, you mentioned that you sent ETH two more times to your Trust Wallet. On top of that, you also purchased some ETH and added those coins to Trust Wallet as well. Why would you send additional coins to a wallet you are planning to move coins off of? Or did all that happen before you decided to look for an alternative wallet.

Can't you track your portfolio through Trust Wallet? Each wallet should have basic functionalities like displaying the amount of coins you have and their equivalent value in fiat. Do you have to keep track of everything through CoinStats right now in this crazy period? I have seen 700 GWEI being recommended today for ETH transactions. The network fees are not as high right now, it still makes little sense doing transactions that aren't of the utmost importance.

jimlaman8

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Thanks for the replies.

Yeah i'm aware of the fees, though i'd like to mitigate them if possible.

Example yesterday, had to send over eth, i guess no avoiding the gas fees as they are now, but because i did it twice on a send to the TW eth wallet it cost me $33 each time in gas fees. The other way was buying eth in trust wallet direct via moonpay, saved a bit but took 4 hours.

But in general, coinstats and the eth and binance chain addresses i'm using, doesnt show the right values. this was really the heart of my question, how to make it so coinstats shows the actual values instead of zeros for much of it.. short story i dont think there is as of yet, a way, but i thought if i could migrate those tokens out of trust wallet (IE: gerowallet, spore, etc) and maybe just use exodus, then id be better off. Of course if i would ever want to add to those, it would be a pain to move them back.

I'm also about to get a ledger, but for things i'm constantly accessing i guess no point on moving them all offline (another story)

Lakai01

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Quote from: cryptoaddictchie on May 19, 2021, 12:28:11 AM

-snip-
But there are still other options such as matic and fantom which clearly have low fees.

I am totally with you, AFAIK, however, Trust Wallet does not support a Layer 2 solution like Matic. The only thing that can be found in the context of Layer 2 and Trust Wallet is the (upcoming?) support of Immutable X for NFTs:

Quote

Thanks to Immutable X, access to popular NFTs will soon become affordable again so that anyone in the world with an Internet connection can take part in the NFT market on Ethereum.

Source

@OP
If moving the coins is not absolutely necessary right now, I would wait a little longer. Layer 2 solutions are springing up like mushrooms, so maybe Trust Wallet will support one of these solutions in the near future and you will save a lot of fees.

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When transferring tokens and eth needs fee and you have to pay for it. Luckily, if you want to transfer your funds you can change how mucheth you want to pay on each transaction you made but the time waiting for the confirmation will be different based on how much fee you pay for each transaction. I already tried changing the amount of fee I pay when transferring bitcoin to another wallet.

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Quote from: jimlaman8 on May 18, 2021, 10:39:25 PM

Is there a better way to move things out of trust wallet (ethereum based tokens and bnb ones too) without paying crazy network fees to move them (in particular Ethereum)

You mean by move is to transfer right? That's impossible without paying fees. Every network has it own fee, some are cheap and some are bit expensive but you can't move any tokens without paying it. All tokens/coins have that standard when it comes to fee. Nano/xrb before have almost zero fee and damn fast. But I'm not sure if this is the case until now.

But there are still other options such as matic and fantom which clearly have low fees.

jimlaman8

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I've used trust wallet for a few up and comers so far. But managing those outside of the app is a pain. I've managed to sort of import the trust wallet entries but they dont really work right in coinstats.

Is there a better way to move things out of trust wallet (ethereum based tokens and bnb ones too) without paying crazy network fees to move them (in particular Ethereum)

Or perhaps a better way to import them into coinstats with functionality ? (i imported the bnb address and the ether address to get the tokens for each).
Thanks in advance

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