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Author Topic: Multibit - Min transaction/Insufficient funds  (Read 659 times)
AnUnderdog
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November 22, 2013, 09:53:24 AM
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Hello,

If I try to send a small amount of btc in multibit, I get an error saying I have insufficient funds even though it's all been confirmed. I found out that it was because of the .0001 BTC fee. Does that get deducted from my wallet or the transaction.

For example, I send from wallet A to B 3 btc. Does wallet B only receive 2.9999 BTC or does wallet A get docked 3.0001 BTC?

Part of me thinks it's from the transaction because I tried to send .0000001 from one wallet to the next but it wouldn't let me.

Any confirmation would be appreciated. Thanks!
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PenAndPaper
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November 22, 2013, 09:56:40 AM
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address B receives 3 BTC if you send 3 BTC.
AnUnderdog
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November 22, 2013, 10:03:29 AM
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address B receives 3 BTC if you send 3 BTC.

So I need to have 3.0001 BTC in address A? Thanks for the quick response! I guess that's about 5 cents worth to transfer it.
addy4u
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November 22, 2013, 10:06:27 AM
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always add .0001 fee to the amount u r sending Wink this will also remove the time limit for unconfirmed transactions i mean confirmation will be fast or almost instant
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November 22, 2013, 10:23:00 AM
 #5

address B receives 3 BTC if you send 3 BTC.

So I need to have 3.0001 BTC in address A? Thanks for the quick response! I guess that's about 5 cents worth to transfer it.


Yes, you need 3.0001 BTC in your wallet and send 3 BTC to address B

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