My wallet balance is 3.994937 RIN and I have set value (to be sent) to 0.00005 RIN (50000000000000 Wei) and I have set both gasPrice to 5208 (21000)and gas Limit to 5208 (21000 Wei).


However, I am getting the following error (as in the console):

insufficient funds for gas * price + value

Signed transaction I am trying to broadcast:


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  • The error refers to the amount of ether in your wallet, not the amount of RIN (or any other token for that matter) in your wallet. This error tells you that you do not have a sufficient amount of ether required in order to complete the transaction. – goodvibration Jan 7 '20 at 9:54
  • Other than that (i.e., after you resolve this problem by loading some ether into your wallet), a gas-limit of 21000 is sufficient only for one type of transaction, and that it the transaction of sending ether from your wallet to some other wallet. Any other type of transaction (for example, transferring RIN tokens from your wallet to some other wallet) will necessarily require more than 21000 gas units. So you will have to increase that value, and subsequently (in order to avoid running into your original error once again), load more ether into your wallet (since the gas-limit has increased). – goodvibration Jan 7 '20 at 9:58
  • Other than that (i.e., after you resolve this problem by setting a higher gas-limit), a gas-price of 21000 is extremely low, and pretty much guarantees that your transaction will not be executed in this lifetime or in the next. It should be at least 9-digit long if you wanna get it done within a reasonable time-frame. – goodvibration Jan 7 '20 at 10:00
  • The error was insufficient funds for gas*price+value, not insufficient funds for gas for the transaction i.e. it is implying that the balance is low. Also, I am broadcasting the txn on Rinkeby testnet (chainId = 4), not on the Ethereum mainnet. So I think Rinkeby tokens will be expended. – Riya Singh Jan 7 '20 at 10:17
  • @RiyaSingh What is your Ether balance on Rinkeby for the Ethereum account you are using? Also, where is that error coming from ("insufficient funds for gas * price + value"), is the error being generated by Javascript or is it coming from the contract? – Jay Jan 7 '20 at 10:35

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