Why is MetaMask saying insufficient funds when I have enough?
You may not have enough funds in ETH or native currency to pay the gas fees associated with the network implementing the transaction. Or could be using another blockchain and you may not have enough native token to pay for the gas fees.
This means you do not have enough of your network's native token in your account to cover the cost of gas. Generally, across EVM-compatible networks, each transaction (including token and contract transactions) requires gas. You can think of this as a transaction fee.
This error means that the funds available in your wallet are lower than the recommended bitcoin miner fee level for getting a transaction added to the Bitcoin blockchain ("confirmed"). You still have access to your money, but it is not possible with your current settings to send the funds to another bitcoin address.
Based on the reports, failed transactions on MetaMask usually occur when you directly purchase on a web3 site without connecting your wallet first. To avoid this issue, we recommend connecting your MetaMask wallet first before buying anything.
It should take about 7-8 minutes to deposit your funds. You will be prompted to sign and approve the transaction in your MetaMask wallet which is where the gas fee will also be quoted, and you will see a progress tab bar indicating when your transfer is complete.
- Overdraft Protection.
- Ask the Bank to Waive the Fee.
- Overdraft Line of Credit.
- Link Your Checking and Savings Accounts.
- Set Up Alerts With Your Bank.
- Keep Track of Your Balance.
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Metamask uses Transak as the primary fiat on ramp into both the mobile app and the browser extension. We love using Transak because it is reliable, with a high geographic coverage, and they are attentive and supportive to our needs.
Insufficient funds happens when there is either the availability of funds below the required funds to offset a payment, or where a given account has no funds in it, and as such cannot offset any payment. Summarily, it occurs where there is a lack of funds in a given account to offset any payment demand.
So, in other words, if a coin doesn't have enough liquidity, users won't have the ability to acquire or trade it. This will be a clear obstacle for your transactions in the near future, causing the “Insufficient Liquidity for this trade” error message to appear in different decentralized platforms.
If you are getting the error that looks like this: “Not enough ETH to send”, it means you do not have enough ETH in your account to cover the cost of gas. Each transaction (including token and contract transactions) requires gas, and that gas is paid in ETH. You can think of this like a transaction fee.
What card is accepted by MetaMask?
In addition to debit card support, MetaMask Mobile now has Visa and MasterCard credit card (Apple Pay). There are still third-party payment processors involved – Wyre and Transak – which are crypto-friendly payment gateways.
- Step 1: Log in to your MetaMask Wallet Account. ...
- Step 2: In the Home Screen, Click on 'Buy' ...
- Step 3: Select 'Buy ETH with TRANSAK' ...
- Step 4: Enter the Amount in your fiat Currency that you want to Convert to ETH. ...
- Step 5: Click on 'Buy Now' ...
- Step 6: Click on 'Buy ETH'
- Navigate to the settings menu by clicking the colorful circle icon on the top-right and click Settings from the dropdown menu.
- In the Settings menu, select Advanced.
- Click “Reset Account” - This will clear all pending transactions from Metamask without logging you out or changing any balances…
In the Gas Limit field, enter 500,000 units. This is just the maximum Gas you're willing to pay and helps to ensure your transaction goes through.
A wallet reset essentially returns your MetaMask Extension or Mobile app back to the state it was in when you downloaded it: it clears your Secret Recovery Phrase and your accounts from the software. After you execute a reset, you'll need to re-enter your Secret Recovery Phrase to get access to your wallet again.
Go to your transaction queue on MetaMask, click speed up, provide a higher gas price, then resubmit. This allows your transaction to get broadcasted again, with the same nonce (nonce is the fancy term for your transaction ID) and the new higher gas price that you have set.
Purchasing ETH directly from Metamask is quite costly
To reduce the fees, it would be best to purchase ETH on an exchange, before sending it to Metamask via the ERC20 network.
The wallet is online, so it's more at risk than hardware wallets or offline “cold” wallets. Like any “hot” wallet, assets stored on Metamask can be compromised via security vulnerabilities on your device or internet connection.
Buying ETH directly inside MetaMask is the quickest way (instant transfer) to get your ETH into the MetaMask wallet. The delivery time of both the Wyre and Transak is fast. Buying ETH inside MetaMask saves your time; you don't need to buy somewhere else and transfer it to the wallet.
Question: Q: Insufficient balance
Answer: A: Answer: A: It may mean you don't have enough Apple ID balance to pay for something and you don't have a payment method set as a backup.
Why is my credit card saying insufficient funds when I have money?
Insufficient funds
If the customer has tried making the payment with a credit card, it simply means that he has hit the credit limit, and his issuing bank won't allow the purchase to go through. As a merchant, there is very little that you can do if the customer does not have sufficient funds in his bank account.
Banks typically have options and safeguards in place in case your account balance falls below zero. Many banks offer overdraft protection. That way, if you do have insufficient funds, the transaction will still go through. However, you will still be responsible for paying an overdraft fee.
Liquidity is important for all tradable assets including cryptocurrencies. Low liquidity levels mean that market volatility is present, causing spikes in cryptocurrency prices. High liquidity, on the other hand, means there is a stable market, with few fluctuations in price.
Slippage occurs when an order is executed at a price greater or lower than the quoted price, usually happening in the periods when the market is highly volatile, or market liquidity is low. The exposure to slippage risk can be minimized by trading during hours of highest market activity and in low volatility markets.
Either get in touch with Support via the “Start a Conversation” button on the Support page, or submit a bug report on the MetaMask Github.
Gas fee: Gas refers to the transaction fee on the Ethereum blockchain. It is what users pay to get their transaction validated, or completed. MetaMask-specific Gas Estimations: “Low” 🐢: is much lower than market prices and it allows a user to pay a lower fee when they are willing to wait a longer time.
Our partners support credit and debit cards globally: Visa and MasterCard. You can pay with Apple Pay, Google Pay and Samsung Pay. ACH transfer in the USA and SEPA in Europe.
- Go to the BTSE Wallet Page > Select a currency that supports ERC20 format > Deposit > Click the MetaMask button. ...
- When the MetaMask extension window pops up, click "Next" > Click "Connect"
- Once connected, you will be able to use the MetaMask wallet option to deposit.
- Select the menu button on the top left of the app. Click the “Add funds” button.
- Click the blue “Buy ETH” button.
- Select pay with Apple Pay or Bank transfer or debit card with Transak.
- On Extension, click the account icon on the top-right corner. On Mobile, tap the hamburger icon in the top left to open the main menu.
- Select Settings.
- Select Advanced.
- Scroll down and click Reset Account.
Does it cost gas to cancel a transaction MetaMask?
This is not a fee that MetaMask receives so we cannot refund it. This fee is paid to miners or validators for finalizing transactions, validating them into blocks, and securing the blockchain.
- Restart your browser, or force close the mobile app and reopen.
- Restart your computer or mobile device.
- Lock and unlock MetaMask.
- If your problem relates to a specific transaction, check the relevant block explorer for the network you're using, such as Etherscan.
If the issue persists, try resetting your Metamask account by going to Settings > Advanced > Reset Account. Once your account is reset, restart your browser and try connecting your Ledger device to Metamask again.
There's not enough liquidity for the token or coin you are trying to swap. As a consequence, your MetaMask wallet address is incapable of finding the necessary liquidity to perform the transaction.
Wyre and Transak are on-ramp third-party solutions integrated inside the MetaMask wallet. If you would like to increase the weekly purchase limit, please contact Wyre or Transak directly.
If a gas price is set too low, the transaction could be missed, ignored, or the wallet could become stuck, freezing transactions from that wallet. A wallet will remain stuck until the transaction is resolved. In the event of a stuck wallet, a user will have to issue a Speed Up or Cancel transaction.
21000 is the minimum amount of gas an operation on Ethereum will use. This limit is used to guarantee that the transaction will be executed.
No, you won't be losing any of your assets or important information by resetting the MetaMask Wallet. It will only clear up the history and unwanted data, not the transactions or any of your assets.
However, it is possible to delete the MetaMask extension in your browser, or remove the mobile app. If you do this, you'll need to redownload it, and then follow one of these two options: Restore your wallet using the Secret Recovery Phrase.
There's also a small possibility that your transaction will stay pending indefinitely. In that case, you'll need to resubmit the transaction. As for (2) transaction sequence, Ethereum is designed such that transactions can only be processed in the order they were submitted.
How do I clear a MetaMask pending?
If the transaction is present on the explorer with the same pending status, you can try to speed up or cancel the transaction. Do not reset your wallet if you still see the transaction pending on the blockchain explorer! Instead, try speeding it up or cancelling it.
If you are getting the error that looks like this: “Not enough ETH to send”, it means you do not have enough ETH in your account to cover the cost of gas. Each transaction (including token and contract transactions) requires gas, and that gas is paid in ETH. You can think of this like a transaction fee.
The term non-sufficient funds (NSF), or insufficient funds, refers to the status of a checking account that does not have enough money to cover all transactions. NSF also describes the fee charged when a check is presented but cannot be covered by the balance in the account.
- On Extension, click the account icon on the top-right corner. On Mobile, tap the hamburger icon in the top left to open the main menu.
- Select Settings.
- Select Advanced.
- Scroll down and click Reset Account.
Gas fee: Gas refers to the transaction fee on the Ethereum blockchain. It is what users pay to get their transaction validated, or completed. MetaMask-specific Gas Estimations: “Low” 🐢: is much lower than market prices and it allows a user to pay a lower fee when they are willing to wait a longer time.
So, in other words, if a coin doesn't have enough liquidity, users won't have the ability to acquire or trade it. This will be a clear obstacle for your transactions in the near future, causing the “Insufficient Liquidity for this trade” error message to appear in different decentralized platforms.
Either get in touch with Support via the “Start a Conversation” button on the Support page, or submit a bug report on the MetaMask Github.
Insufficient funds happens when there is either the availability of funds below the required funds to offset a payment, or where a given account has no funds in it, and as such cannot offset any payment.
Insufficient funds
If the customer has tried making the payment with a credit card, it simply means that he has hit the credit limit, and his issuing bank won't allow the purchase to go through. As a merchant, there is very little that you can do if the customer does not have sufficient funds in his bank account.
The reason it says you have insufficient funds is likely due to the fact that there automatically is reserved an amount on your account.
Does resetting MetaMask lose money?
No, you won't be losing any of your assets or important information by resetting the MetaMask Wallet. It will only clear up the history and unwanted data, not the transactions or any of your assets.
A wallet reset essentially returns your MetaMask Extension or Mobile app back to the state it was in when you downloaded it: it clears your Secret Recovery Phrase and your accounts from the software. After you execute a reset, you'll need to re-enter your Secret Recovery Phrase to get access to your wallet again.
- Tap on your account name to bring up the account selector screen. It doesn't matter which account you currently have selected. ...
- Long press on the account to bring up the option to remove it. It'll immediately disappear from your MetaMask when you confirm.
On Metamask, you can set your gas fee to “Low” before confirming a transaction. If you want to save even more gas, click on Advanced Options. In this tab, you can set the max fee to slightly above the 7 day lowest historical gas price from Etherscan chart.
A standard ETH transfer requires a gas limit of 21,000 units of gas. For example, if you put a gas limit of 50,000 for a simple ETH transfer, the EVM would consume 21,000, and you would get back the remaining 29,000.
You have the option to adjust gas price and gas limit when sending Ether and tokens. To customize the transaction fee, select Advanced Options, and you will be able to manually enter Gas Price (GWEI) and Gas Limit.
