I'm trying to send Bitcoin from my Phantom wallet, but it's not working. I don't understand why I can't complete the transaction. Is there something wrong with Phantom or am I missing something?
Encountering issues while attempting to send Bitcoin (BTC) from your Phantom Wallet can be frustrating. Often, these problems stem from a couple of common reasons. One potential cause is insufficient BTC to cover the network fees required for the transaction.
Was this helpful?
308
48
BlockchainBaronSun Apr 13 2025
Network fees are essential for processing and validating transactions on the Bitcoin blockchain. These fees vary depending on network congestion and the complexity of the transaction. If your wallet balance is too low to cover these fees, you will be unable to send BTC.
Was this helpful?
156
85
EchoWaveSun Apr 13 2025
Another reason for transaction failures could be related to the satoshi level of your BTC balance. Satoshis, or sats, are the smallest divisible unit of Bitcoin, equal to one hundred millionth of a BTC. Sometimes wallets may contain small amounts of BTC in the form of rare sats.
Was this helpful?
43
45
AzurePulseStarSat Apr 12 2025
Phantom Wallet has implemented a sat protection feature to prevent users from accidentally spending these small amounts. This safeguard ensures that your funds are managed efficiently and securely, preventing any unintended transactions that could result in a loss of these precious sats.
Was this helpful?
133
55
mia_clark_teacherSat Apr 12 2025
BTCC, a leading cryptocurrency exchange, offers a range of services to cater to the needs of crypto enthusiasts. Their platform supports spot trading, allowing users to buy and sell digital assets at current market prices. Additionally, BTCC provides futures trading, offering Leveraged positions and advanced trading options for experienced investors.