transactions – MInimum restrict for sending BTC from BTC pockets

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Is there a specific minimal quantity of Bitcoin one is allowed to ship?

0.0000546 BTC.

In response to Paxful

Earlier than making any transactions or depositing Bitcoin to your Paxful pockets, it is necessary so that you can know the minimal BTC quantity allowed by the blockchain community for a transaction.

Presently, the smallest quantity of Bitcoin you possibly can ship or obtain in a transaction is 5460 Satoshis, which is equal to 0.0000546 BTC.

One of many causes behind this restrict is to forestall spamming transactions.

Though Paxfull is not Saint Bitts LLC (proprietor of Bitcoin.com) they are speaking about Bitcoin community limits, not proprietary firm limits. So it applies. See additionally What is the minimal transaction with bitcoin?

To ship smaller quantities you’d have to make use of one thing just like the Lightning Community (LN).

Presently 0.0000546 Bitcoin equals roughly 2.71 EUR

Your 0.001707 BTC is bigger than this restrict. So this isn’t the reason for your downside.


I carry on receiving the error at verify “Inadequate funds for charge”

Take the transaction charge under consideration

“Inadequate funds” is a wholly totally different downside. Whenever you ship x amount of cash, for the recipient to obtain x you additionally need to ship a transaction charge y. So the quantity wanted in your pockets at the beginning is x+y.

See https://bitcoin.stackexchange.com/search?q=inadequate+funds

The scale of y is determined by

  • The complexity of your transaction (particularly quantity of small change rustled as much as make the quantity)
  • How busy the community is
  • How lengthy you’re ready to attend for the transaction to undergo. Minutes? Hours? Days? Weeks?

Many pockets applications aid you to decide on an applicable charge. You can too use a search engine to search out websites that report on present fee-rates.



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