Is there a particular minimal amount of Bitcoin one is allowed to send under which it is too low to be confirmed as a valid transaction from the bitcoin wallet?
For instance, I have got approx. 85 Euros worth of BTC [0.001707] (at the time of writing this message) in my Bitcoin.com wallet. I seem not to be able to send this amount to any exchange (I keep on receiving the error at confirm "Insufficient funds for fee")?
Unfortunately, I couldn’t find any info on site regarding this issue.
There is no such lowest amount you can send. But to minimize btc dust problem miners and network decided to stick with a minimum amount which is 546 satoshi. = 0.00000546 BTC. Some wallets may impose much higher limit though.
If you are not allowed to make transaction but have your private keys you can make custom transaction from thirdparty raw transaction maker(Not secure as you are allowing third party to know your private keys) or you can run script on your machine and calculate raw transaction then send / broadcast it to the network. While doing that make sure you choose a decent transaction fees.
You are receiving the error “Insufficient funds for fee” because probably you are trying to send to exact amount in your wallet. you must send some lesser amount than you have in your wallet and the rest of the amount is automatically considered as transaction and network fees, which depends and varies time to time. Lower transaction fees may lead your transaction to be pending indefinitely.
Note: Now a days some wallets are not allowing transfers from imported wallets.
Hope it helps 🙂
