Title: Electrum wallet error? Post by: Novi12 on August 24, 2017, 06:26:51 PM Hello,
I have $10 in my electrum wallet but when I try to send btc it says insufficient funds? Why? Regards, Title: Re: Electrum wallet error? Post by: jackg on August 24, 2017, 08:59:16 PM Hello, How much are you trying to transfer? You won't be able to transfer the entire $10 as you will need to pay transaction fees. Can you press the max button and see if that works. I have $10 in my electrum wallet but when I try to send btc it says insufficient funds? Why? Regards, Title: Re: Electrum wallet error? Post by: HCP on August 25, 2017, 10:49:11 AM I have $10 in my electrum wallet but when I try to send btc it says insufficient funds? Most likely this is a result of a combination of the current "average" fees being very high (450+ sats/byte!!?! :o) and the fact that your $10 (0.0025 btc) is possibly made up of more than one input... Why? With recommended fees being that high, each input will require 66,600 sats (148 bytes per input * 450 sats/byte) as a fee (minus another 19000ish in fixed fees for output etc) You only have 250,000 sats to start with... So even if you had just 1 input, the max you could spend using recommended fees is less than 164,400. If you had 2 inputs, you max spend would be 97,800 sats... 3 inputs = 31,200... Etc Your options are: - Turn off dynamic fees and set a low fee manually and accept the long wait time/possible stuck transaction - wait until fees drop Title: Re: Electrum wallet error? Post by: TryNinja on November 19, 2017, 04:19:41 PM i think it is from their server,mine got that error too This has nothing to do with the server. I am fairly sure that this happens when your fees would cost more than what you have and are trying to send. You can easily fix this by going to Tools -> Edit -> checking "Edit fees manually". This way you can choose the fee you want, even if it's not "recommended" by Electrum. |