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Author Topic: HELP] I try to send money from my Electrum Wallet but "Insufficient Fund" Popout  (Read 151 times)
fire123asd (OP)
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January 13, 2018, 09:33:52 PM
 #1

Hello Everyone,

I am a beginner in cryptocurrency.

As learning how to use the wallet, I tried to send a bit bitcoin to the Electrum wallet on my MacBook.

It was succeeded, but when I tried to send the bitcoin back to my Coinbase account, it failed.

I was having 0.9469mBTC. (Picture 1 & the "balance" at the bottom left corner of Picture 2)

Picture1
https://imgur.com/a/qU54A
Picture2
https://imgur.com/a/6dFrY

When I type the amount in, it shows "not enough funds" at the  bottom left corner  (Picture 3)
And a window said "insufficient funds" pops out when I tried to press the send button. (Picture4)
Picture3
https://imgur.com/a/NLuXC
Picture4
https://imgur.com/a/2cmDA

I tried to press the "Max" button. It auto-fill into "2", and it seems working. (Picture 5)
But a window pop up when I press send, said "this transaction requires a higher fee or it will not be propagated by the network" (Picture 6)
Picture5
https://imgur.com/a/CNZqV
Picture6
https://imgur.com/a/9Wrkm


I understand it requires transaction fee for a bitcoin transaction. But is it the only problem here?
I have tried many times but I still cannot transfer my bitcoin.
How should I do to take the coins out from the wallet?
And as you can see the number of coins is really low, does it mean I have to pay a fee higher than the coin I send?

Sorry for the poor English, I am not a native speaker. Please point out if there are any statements that I need to further explain.
Thanks for your help.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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jackg
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January 14, 2018, 02:23:58 AM
 #2

Hello Everyone,

I am a beginner in cryptocurrency.

As learning how to use the wallet, I tried to send a bit bitcoin to the Electrum wallet on my MacBook.

It was succeeded, but when I tried to send the bitcoin back to my Coinbase account, it failed.

I was having 0.9469mBTC. (Picture 1 & the "balance" at the bottom left corner of Picture 2)

Picture1

Picture2


When I type the amount in, it shows "not enough funds" at the  bottom left corner  (Picture 3)
And a window said "insufficient funds" pops out when I tried to press the send button. (Picture4)
Picture3

Picture4


I tried to press the "Max" button. It auto-fill into "2", and it seems working. (Picture 5)
But a window pop up when I press send, said "this transaction requires a higher fee or it will not be propagated by the network" (Picture 6)
Picture5

Picture6



I understand it requires transaction fee for a bitcoin transaction. But is it the only problem here?
I have tried many times but I still cannot transfer my bitcoin.
How should I do to take the coins out from the wallet?
And as you can see the number of coins is really low, does it mean I have to pay a fee higher than the coin I send?

Sorry for the poor English, I am not a native speaker. Please point out if there are any statements that I need to further explain.
Thanks for your help.



When you send a bitcoin transaction, you must pay a fee. If you drag that slider to the furthest point to the left and then hit the max button it'll show you the most you can send.

You have to pay a fee to pay miners for mining your block and recognising the transaction. A higher fee = a greater priority.

Edit: change the server your connected to on the electrum network settings. If anything that fee is high.
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January 14, 2018, 06:24:44 AM
 #3

See 1 and 2 here.
jackg
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January 14, 2018, 12:03:52 PM
 #4

Ahhh. I took another look at that screenshot, and OP, you're trying to send all of your 0.9 mbtc with a 1mbtc fee. That looks a bit like a bug that it still thinks you have 2mbtc in your wallet + the fee. That transaction is too small to do anything with. If I were you, I'd wait until you get more coins into that wallet.
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