What are common reasons for receiving the error 'too little received' in cryptocurrency transactions?

3 answers

• Nov 26, 2021 · 3 years ago
  One common reason for receiving the error message 'too little received' in cryptocurrency transactions is when there is a discrepancy between the amount of cryptocurrency sent and the amount received. This can happen due to network congestion, delays in transaction confirmation, or errors in the transaction process. To resolve this issue, it is recommended to double-check the transaction details and ensure that the correct amount is being sent and received. Additionally, waiting for the transaction to be confirmed on the blockchain can help resolve any temporary discrepancies.
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• Nov 26, 2021 · 3 years ago
  Another reason for receiving the 'too little received' error in cryptocurrency transactions is when there are insufficient funds in the sender's wallet. If the sender does not have enough cryptocurrency to cover the transaction amount, the recipient may receive less than the expected amount. To resolve this issue, the sender should ensure that they have sufficient funds in their wallet before initiating the transaction.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, suggests that one possible reason for receiving the error message 'too little received' is when the transaction fee is too low. Cryptocurrency transactions often require a transaction fee to be paid to miners who validate and process the transactions. If the transaction fee is set too low, it may result in delays or errors in the transaction process, leading to the 'too little received' error. To avoid this issue, it is recommended to set an appropriate transaction fee that ensures timely processing of the transaction.
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