I received BTC to my wallet but cant use. Please help.

[11Revenger11]

Hello everyone,

Two days back I withdrew BTC from mexc to my taproot addresss.(bc1phprsakwvgxlj4j0qcueska7je64rd4445h2sss7svl623ra4ey9snc3szu)

Last month i took btc to same address and did some purchases

But when I went to buy nft very low cost ones It says You cant buy them because you dont have enough btc on your wallet. I tried 3 sites. same issue. SO I think issue is on my wallet or btc. I m using xverse magic eiden and okx wallets. but all 3 gives same issue.

how do i overcome this issue.

thanks for your time and replies.

There no pending (UTXO)


PS:
This is what Magic eiden website says, I tried 3 consecutive days, So This error should be from my side. not from server side

Not enough confirmed spendable funds. Address has: 0.0000429 BTC Needed: 0.00016944 BTC (includes gas: 0.00016944 BTC). Some balance shown may be locked in a pending Mempool transaction

[OmegaStarScream]

Well, we can see the funds on the wallet so you definitely have them but how much does the NFT cost, you're saying very low, I'm guessing less than 10$ and I imagine you're also taking the fees into consideration?

Where are you buying the NFT from? Magic eiden? Or are you using magic eiden as a wallet? If you're using multiple wallets but the same nft marketplace, the issue could be coming from the nft marketplace or the listing itself.

[_act_]

Did you take note of the transaction fee? The fee can be the reason for what happened. Fund you wallet with more bitcoin that will be high enough to cover the NFT that you want to buy and also enough for the transaction fee.

[11Revenger11]

Well, we can see the funds on the wallet so you definitely have them but how much does the NFT cost, you're saying very low, I'm guessing less than 10$ and I imagine you're also taking the fees into consideration?

Yeah. Nft around 12$. so i have enough funds

Where are you buying the NFT from? Magic eiden? Or are you using magic eiden as a wallet? If you're using multiple wallets but the same nft marketplace, the issue could be coming from the nft marketplace or the listing itself.

yes from magic eiden
I m normally using okx wallet in magic eiden site to buy btc.
Becasue of recent failures I imported my wallet magic eiden wallet and xverse wallet and tried. But failed again

[11Revenger11]

Did you take note of the transaction fee? The fee can be the reason for what happened. Fund you wallet with more bitcoin that will be high enough to cover the NFT that you want to buy and also enough for the transaction fee.

Yes sir, All together cost around 15-20$

[OmegaStarScream]

I do know that Magic Eiden is a reputable platform but I'm not sure what and if something could be wrong with the NFT listing itself... Possibly? I would try and buy another cheap NFT as a test, or try the same nft but different listing if possible. That should give you an idea on what the issue is.

[11Revenger11]

I do know that Magic Eiden is a reputable platform but I'm not sure what and if something could be wrong with the NFT listing itself... Possibly? I would try and buy another cheap NFT as a test, or try the same nft but different listing if possible. That should give you an idea on what the issue is.

I tried as you said. Then this happened.
trying to buy a different NFT (Frucks #2157) on Magic Eden, and  encountering a new error from the OKX Wallet: "This transaction is risky. Multiple inscription assets in use. Proceed with caution.

BTW when the day I received BTC to my wallet, I have received some tokens(I didnt buy) at same time with different values

[katanic97]

Hello everyone,

Two days back I withdrew BTC from mexc to my taproot addresss.(bc1phprsakwvgxlj4j0qcueska7je64rd4445h2sss7svl623ra4ey9snc3szu)

Last month i took btc to same address and did some purchases

But when I went to buy nft very low cost ones It says You cant buy them because you dont have enough btc on your wallet. I tried 3 sites. same issue. SO I think issue is on my wallet or btc. I m using xverse magic eiden and okx wallets. but all 3 gives same issue.

how do i overcome this issue.

thanks for your time and replies.

There no pending (UTXO)


PS:
This is what Magic eiden website says, I tried 3 consecutive days, So This error should be from my side. not from server side

Not enough confirmed spendable funds. Address has: 0.0000429 BTC Needed: 0.00016944 BTC (includes gas: 0.00016944 BTC). Some balance shown may be locked in a pending Mempool transaction

Check the fee,your remaining balance might be enough for the purchase but not enough when the fee is included.

Try a different wallet where you can manually select which UTXOs to use.

If none of this helps, contact support, as there may be a specific issue with the wallet.

[348Judah]

If you're having a particular amount in your wallet and it is sure to be there, then there's nothing from stopping you in using it to buy anything, what I think applies to your case is maybe you're not having the required minimum balance to purchase what you wanted to buy or perform a particular transaction, or maybe from what you're buying, it is required of you to use a different token in buying it other than Bitcoin, which I also expect that you have a minimum amount on such network to be able to use it.

[Cryptohygenic]

Hello everyone,

Two days back I withdrew BTC from mexc to my taproot addresss.(bc1phprsakwvgxlj4j0qcueska7je64rd4445h2sss7svl623ra4ey9snc3szu)

Last month i took btc to same address and did some purchases

But when I went to buy nft very low cost ones It says You cant buy them because you dont have enough btc on your wallet. I tried 3 sites. same issue. SO I think issue is on my wallet or btc. I m using xverse magic eiden and okx wallets. but all 3 gives same issue.

how do i overcome this issue.

You must have requested to buy value or the NFT which is higher than your current bitcoin balance.
Also note that If the value of the bitcoin in your wallet is approximately equivalent to the value of your requested purchase on NFT, it won't be successful because transaction charges will be applied which could be one reason why you are indicated of insufficient funds to process the transaction.

[BitMaxz]

Based on the error, your current balance is not enough to cover the fees but by checking the taproot address on the mempool it shows BTC more than enough to cover it.
The wierd part is this "Not enough confirmed spendable funds. Address has: 0.0000429BTC".

It looks like ordinals/incriptions in your taproot address has a value in BTC which is unspendable; a normal explorer like mempool.space reads it as a BTC funds but in fact it's ordinals/incriptions.

So I think to solve your case, you better deposit a BTC again on this address to cover the fees needed.

[Darker45]

It seems the error implies or tells you that despite the main balance in your wallet, only a portion of it is spendable, and that this spendable amount isn't enough to cover what you want to buy, plus the required transaction fee.

Why don't you try topping up your wallet? The NFT you're about to buy isn't that expensive anyway. Perhaps a few more dollars worth of Bitcoin might solve this problem.

[sunsilk]

The wallet has got around $30(0.00036 BTC). And more than what's needed for the payment of that NFT you're about to buy.

Looking at the received BTCs, they're all confirmed and so if this isn't an issue with your wallet balance. How much usually fees are needed for a transaction there?

It's best to ask the support there and let them help you out since they say that it only takes 2 minutes for them to reply to you.

[FortuneFollower]

The wallet has got around $30(0.00036 BTC). And more than what's needed for the payment of that NFT you're about to buy.

Looking at the received BTCs, they're all confirmed and so if this isn't an issue with your wallet balance. How much usually fees are needed for a transaction there?

It's best to ask the support there and let them help you out since they say that it only takes 2 minutes for them to reply to you.

Yeah, the support may try to help the OP, but the answer would be probably not in 2 minutes, that's just the average number of responses (or a fancy number).

[sunsilk]

The wallet has got around $30(0.00036 BTC). And more than what's needed for the payment of that NFT you're about to buy.

Looking at the received BTCs, they're all confirmed and so if this isn't an issue with your wallet balance. How much usually fees are needed for a transaction there?

It's best to ask the support there and let them help you out since they say that it only takes 2 minutes for them to reply to you.

Yeah, the support may try to help the OP, but the answer would be probably not in 2 minutes, that's just the average number of responses (or a fancy number).

That time given is just a rough estimation on how quick they can answer. So, if the tickets are filled with a lot of people talking about their concerns.

It only means that he has to wait longer. But until now, we have to wait on how this goes for OP and hopefully, we'll get some update if ever it has pushthrough already.

Or not yet.

[Aanuoluwatofunmi]

But when I went to buy nft very low cost ones It says You cant buy them because you dont have enough btc on your wallet.

If your balance is showing clearly, then maybe the amount of bitcoin  you wish to exchange for NFT is too small to the quantity you're buying with your BTC, try and adjust the quantity to balance the same rate your BTC worth for the NFT you wanted to buy, since you're using an exchange nto make this purchase, if it were to be from a wallet, this may be a different approach we can suggest for you.

[CryptSafe]

It is obviously clear from your complaints and reading from the response of members here, you do not have enough purchase power for the transaction as the available Bitcoin can not cover your transaction fee to purchase the nft. What is left for you to do is to top your Bitcoin balance to be able to cover the transaction which includes payment for your purchase and also the cost of the transaction fees, only then you can be able to purchase your NFT otherwise, you can not be able to get it clear.

[Redley555]

Hello everyone,

Two days back I withdrew BTC from mexc to my taproot addresss.(bc1phprsakwvgxlj4j0qcueska7je64rd4445h2sss7svl623ra4ey9snc3szu)

Last month i took btc to same address and did some purchases

But when I went to buy nft very low cost ones It says You cant buy them because you dont have enough btc on your wallet. I tried 3 sites. same issue. SO I think issue is on my wallet or btc. I m using xverse magic eiden and okx wallets. but all 3 gives same issue.

how do i overcome this issue.

thanks for your time and replies.

There no pending (UTXO)


PS:
This is what Magic eiden website says, I tried 3 consecutive days, So This error should be from my side. not from server side

Not enough confirmed spendable funds. Address has: 0.0000429 BTC Needed: 0.00016944 BTC (includes gas: 0.00016944 BTC). Some balance shown may be locked in a pending Mempool transaction

Make sure the transaction has been confirmed on your wallet. Check if your sent the correct wallet address these things might the reason

[Catenaccio]

Not enough confirmed spendable funds. Address has: 0.0000429 BTC Needed: 0.00016944 BTC (includes gas: 0.00016944 BTC). Some balance shown may be locked in a pending Mempool transaction

Your information is like your Bitcoin transaction was not confirmed. You must know that a Bitcoin transaction is considered as finished only if it has at least 1 confirmation for avoiding double spend scams.

In addition, I don't know what wallet you used but the information about gas is inaccurate.
With Bitcoin blockchain, there is nothing like Gas that is only applied for Ethereum and many altcoin blockchains. With Bitcoin blockchain, fees are paid directly in bitcoin or smallest unit as satoshis, no gas here!

[qurbanshah02]

Not enough confirmed spendable funds. Address has: 0.0000429 BTC Needed: 0.00016944 BTC (includes gas: 0.00016944 BTC). Some balance shown may be locked in a pending Mempool transaction

Your information is like your Bitcoin transaction was not confirmed. You must know that a Bitcoin transaction is considered as finished only if it has at least 1 confirmation for avoiding double spend scams.

In addition, I don't know what wallet you used but the information about gas is inaccurate.
With Bitcoin blockchain, there is nothing like Gas that is only applied for Ethereum and many altcoin blockchains. With Bitcoin blockchain, fees are paid directly in bitcoin or smallest unit as satoshis, no gas here!

This is just a general thing because if he had any knowledge about Bitcoin he would not have said such a thing.This is absolute necessary work.If it were not done at this time then what he is saying about Bitcoin would never have happen because the work on bitcoin is done very strictly because on the one hand it is very famous and special and beside its price is also high in today era so it is not that easy.

There is no wallet that can buy or sell their Bitcoin in this way so it is either talk about Bitcoin incorrect or it may not have been told about Bitcoin at all.
This is where the need arise and you have done a great job by tell these thing because the more you tell about Bitcoin the more people will be interest in it.