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Author Topic: Electrum wallet want let me send the btc I have in it  (Read 137 times)
Jsb411 (OP)
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April 27, 2021, 03:58:40 PM
 #1

I bought 0.0006879 btc and had them sent to my electrum wallet and when I got it in my wallet and was trying to send 0.00059 it says not enough funds why is this

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April 27, 2021, 04:00:11 PM
 #2

Are you using TrustedCoin's 2FA wallet in Electrum?

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Jsb411 (OP)
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April 27, 2021, 04:21:38 PM
 #3

I'm not sure I downloaded it from google play it just says electrum  and it's for Android so I'm not sure about that
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April 27, 2021, 04:32:24 PM
 #4

I'm not sure I downloaded it from google play it just says electrum  and it's for Android so I'm not sure about that
When you created the wallet, did you enable 2fa (two-factor authentication)? It will be obvious and you will know if you enable 2fa.

Downloading from playstore is not advisable because you can download the fake electrum wallet. The official site to download electrum is electrum.org, and making sure you verify it signature.

Jsb411 (OP)
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April 27, 2021, 04:33:16 PM
 #5

 Oh okay now I know what you mean and the answer to that is I did not . I don't remember if the wallet said anything about doing when I first installed and opened it
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April 27, 2021, 04:42:30 PM
 #6

Oh okay now I know what you mean and the answer to that is I did not . I don't remember if the wallet said anything about doing when I first installed and opened it

Have you tried to manually set the transaction fee?

Go to send tab again and touch the star image below.



Then you will see this



Choose the method to Static and then slide it to the left.

Take note of your position "MB from tip" lower than 1Mb can be faster to confirm compared to 1mb above.

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Jsb411 (OP)
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April 27, 2021, 04:47:04 PM
 #7

Mine doesn't have a star to click it only has address, amount and description
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April 27, 2021, 05:01:18 PM
 #8

Mine doesn't have a star to click it only has address, amount and description
But you should see a "Mining Fee" slider right below the amount, right?

How much is it suggesting by default (in BTC and sat/byte)? You are most likely paying a lot of mining fees due to the network being congested. Slide it to the left to use the sat/byte amount suggested by https://mempool.space or a lower one if you are not in a hurry (be careful, though, if you use something too low, your tx may stay unconfirmed for some time).

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Jsb411 (OP)
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April 27, 2021, 05:05:30 PM
 #9

If I give some time since I'm not in a big hurry or nothing will the fees lower
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April 27, 2021, 09:16:21 PM
Last edit: November 14, 2023, 11:57:00 PM by HCP
 #10

When you click "Pay", you should see a prompt like this:


What are the mining fee details that it is showing you? Or are you getting the "not enough funds" error on that prompt when you click "Pay"? Huh

If so, I suspect that it's because the fee rate being suggested is likely resulting in a transaction fee being >=10000 sats (or 0.00010000 BTC)... which is slightly more than the difference between what you're trying to send (0.00059000 BTC) and what you have (0.00068790)... which is 0.00009790 BTC.

If you tap the bold text next to "Target(....)"... it should cycle between "ETA", "mempool" and "static"... put it on static and slide the slider to the left until the "not enough funds" message goes away... then check what the fee rate is shown as. If that value is too low, you'll need to wait until the fees lower or your transaction might get stuck for a few hours/days before it gets confirmed.


If I give some time since I'm not in a big hurry or nothing will the fees lower
Perhaps... but if Bitcoin goes on another mini-Bullrun and spikes back up over USD$60K... things could get really busy again and we could go back to the 200+ sats/byte fees again :-/

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April 27, 2021, 09:31:12 PM
 #11

Thank you guys for all the help one of you had suggested something that got me to try sliding that blue dot to the left were as on your photo it was mine was in the middle nevertheless after sliding it to the left I was able to pay for my purchase and again Thank you guys for all the support!
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April 27, 2021, 09:44:15 PM
 #12

Do realise that by sliding the slider to the left... you will have reduced the fee rate being used... it may have let you send the transaction, but it might mean that your transaction remains unconfirmed for a while if the fee rate used was too low.

You should check your transaction details and see what the fee rate used was and compare it with the fees here: https://mempool.space/ and here: https://jochen-hoenicke.de/queue/#BTC,24h,weight

What was the rate used?

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Jsb411 (OP)
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April 27, 2021, 10:59:39 PM
 #13

9378 fees payment was confirmed and accepted
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April 27, 2021, 11:25:20 PM
 #14

That was probably around 30-40 sats/vbyte for a "standard" 1 input/2 output transaction... so that would be about right given the current network conditions...

Glad you managed to get it sorted! Wink

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April 27, 2021, 11:33:30 PM
Merited by HCP (1)
 #15

Thank you , I was to infact I had no idea if that amount fees was fare or not I was just to the point that I no longer cared and just wanted to pay for what I was buying and be done with it. Anyway so I guess I got lucky then but now from what I have learned here with you if ever I have to do it again I can go to one of sites you mentioned at least go in it informed rather than carelessly , thanks again
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