wallet.counterwallet

[youngbusinessman]

Hi, I have a problem with https://wallet.counterwallet.io/ I have some bitcoin in my account,



but I can't withdraw it, it constantly shows me an error:



I imported the private key from this wallet in blockchain.com, but it also shows an error:



I tried to do everything according to this instruction, but it did not give any result: https://counterpartytalk.org/t/what-does-insufficient-btc-at-address-x-need-approximately-y-btc-mean/2442.

Maybe someone has encountered such a problem?

[hosseinimr93]

I read the instruction you posted. It says that counterwallet may miscalculate the transaction fee. That's likely the case.

How have you received the 1.2 mBTC? Haven't you received the fund in multiple separate transactions?
More transactions you receive, more fee you need to pay for sending them.

You can import your wallet into Electrum. It will let you to select the fee manually. In Electrum, choose the fee as low as possible. You may be able to send the fund. (Just note that if you send the fund using a low fee, the transaction may take a long time to be confirmed.)

[Lucius]

You can import your wallet into Electrum. It will let you to select the fee manually. In Electrum, choose the fee as low as possible.

His wallet also allows the fee to be set manually, and so does blockchain.com if he chooses Customize Fee option. It is possible that this is really a problem of dust transactions, or that both online wallets suffer from the same problem (blockchain users report such thing in last few days).

In case Electrum is not able to send the transaction, the only solution is to send a certain amount of BTC to that wallet, which will then cover the fee. The way to check this is to enter all the parameters of the transaction, and then click on the Preview button where you can see the size of the transaction/number of inputs. For example if you have Legacy type wallet, and transaction with 10 inputs/1 output and you want confirmation in next 6 blocks, size of such transaction will be around 1520 bytes (23 sat/byte) which is 35052 satoshis ($3.25).

I use this calculator : https://www.buybitcoinworldwide.com/fee-calculator/

[LoyceV]

It is possible that this is really a problem of dust transactions

If that's the case, see Consolidate your small inputs.

In case Electrum is not able to send the transaction, the only solution is to send a certain amount of BTC to that wallet, which will then cover the fee.

That's a bad idea. If the dust is not worth the fee, there's no point in adding more funds to pay more in fee than it's worth.

Using OP's partial Bitcoin address and this List of all Bitcoin addresses with a balance, I can confirm the address holds 23 unspent outputs. There's also one unconfirmed outgoing transaction with 20 sat/byte fee, so I guess he figured it out. For future reference, I recommend reading my topic on how to consolidate small inputs. With some patience, 1 sat/byte would have been enough and the total fee would have been 0.5 mBTC less.

[youngbusinessman]

Thank you very much for your help, you helped me a lot!!!

(thread closed)

[bob123]

I'd recommend you to not use any web wallet.

They are often buggy and increase your attack surface.
The best would be to just switch to a desktop- or mobile wallet.

They let you precisely choose your fee and are less vulnerable.

(thread closed)

You can close it yourself. In the bottom left corner: lock topic