Electrum wallet error?

[Novi12]

Hello,

I have $10 in my electrum wallet but when I try to send btc it says insufficient funds?
Why?

Regards,

[jackg]

Hello,

I have $10 in my electrum wallet but when I try to send btc it says insufficient funds?
Why?

Regards,

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.

[HCP]

I have $10 in my electrum wallet but when I try to send btc it says insufficient funds?
Why?

Most likely this is a result of a combination of the current "average" fees being very high (450+ sats/byte!!?! ) and the fact that your $10 (0.0025 btc) is possibly made up of more than one input...

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

[TryNinja]

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.