Cryptocurrency Q&A
What is insufficient gas fee?
What is insufficient gas fee?
CryptoPioneer
Sat Dec 07 2024
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7
answers
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I encountered a term called 'insufficient gas fee' while making a transaction on the blockchain. I'm not sure what it means and would like to understand why it occurred and how to avoid it in the future.
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7 answers
ShintoBlessing
Mon Dec 09 2024
The "insufficient funds for gas * price + value" error often arises during cryptocurrency transactions.
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alexander_clark_designer
Mon Dec 09 2024
This error signifies that the funds in the wallet are inadequate.
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SamsungShineBrightnessRadiance
Mon Dec 09 2024
Specifically, the wallet lacks the necessary balance to cover the gas fee.
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charlotte_wright_coder
Sun Dec 08 2024
The gas fee is a fee required to execute a transaction on the blockchain.
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Martino
Sun Dec 08 2024
It serves as a reward for miners who validate and add transactions to the blockchain.
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