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What are the common reasons for coinbase wallet send errors?

avatarcarpe diemDec 28, 2021 · 3 years ago3 answers

I'm having trouble sending cryptocurrency from my Coinbase wallet. What are some common reasons for these send errors?

What are the common reasons for coinbase wallet send errors?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One common reason for send errors in Coinbase wallet is insufficient funds. Make sure you have enough balance in your wallet to cover the transaction fee and the amount you want to send. If your balance is too low, you won't be able to complete the transaction.
  • avatarDec 28, 2021 · 3 years ago
    Another possible reason for send errors is network congestion. During times of high demand, the blockchain network can become congested, causing delays or failures in transactions. You may need to wait for the network to clear up before attempting to send your cryptocurrency again.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we've observed that incorrect recipient addresses are a frequent cause of send errors. Double-check the recipient's address to ensure it is accurate and properly formatted. Even a small mistake in the address can result in a failed transaction. It's always a good practice to triple-check the address before sending any cryptocurrency.