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Why does Coinbase say I have insufficient funds in my account?

avatarHermann SerupNov 28, 2021 · 3 years ago3 answers

Why does Coinbase display the message 'insufficient funds' when I try to make a transaction?

Why does Coinbase say I have insufficient funds in my account?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    When Coinbase says you have insufficient funds in your account, it means that you don't have enough cryptocurrency or fiat currency to cover the transaction you're trying to make. This could be due to a variety of reasons, such as not having enough balance in your Coinbase wallet or not having enough funds in your linked bank account or credit card. Make sure to check your account balance and funding sources to ensure you have enough funds.
  • avatarNov 28, 2021 · 3 years ago
    Coinbase shows the 'insufficient funds' message when you're trying to make a transaction that exceeds your available balance. It's like trying to buy something with a credit card that has reached its limit. To resolve this issue, you can either deposit more funds into your Coinbase account or adjust the transaction amount to fit within your available balance.
  • avatarNov 28, 2021 · 3 years ago
    If you're using BYDFi as your exchange, you might encounter the 'insufficient funds' message when trying to make a transaction. This means that you don't have enough funds in your BYDFi account to cover the transaction. To resolve this, you can deposit more funds into your BYDFi account or adjust the transaction amount accordingly. Remember to always check your account balance before making any transactions.