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Understanding the Error Code “Insufficient Funds for Gas Price + Value” on Metamask

As a MetaMask user, you may have encountered various issues while managing your digital assets. One common error that can occur when trying to add test Ether (ETH) to your wallet is the error code “insufficient funds for gas price + value”. In this article, we will delve into what this error means and how to fix it.

What does the error code mean?

The “Insufficient Funds for Gas Price + Value” error occurs when the transaction amount (ETH) exceeds the available balance in your MetaMask wallet. This can happen for a variety of reasons, such as:

Error Symptoms

You may notice one or more of the following symptoms when encountering this error:

Workarounds

To resolve this issue, follow these steps.

For example, let’s say your MetaMask balance is 100 ETH and the Gērli gas price is $5 (or approximately 1 ETH / 200,000 gas units). You want to send 10,000 ETH to a recipient on the Ethereum network. The calculation would be as follows:

gas price

transactionAmountInEther = 10,000

maxTransactionGasPrice = gasPriceInWei / 2 // Divide by 2 to account for the maximum amount of gas per transaction

if transactionAmountInEther > maxTransactionGasPrice {

throw "Insufficient funds for gas price + value"

}

Additional Tips

To reduce the occurrence of such errors in the future, keep your Ethereum balance and network gas prices up to date. You may also consider using a tool like MetaMask’s built-in gas calculator to ensure accurate calculations.

In conclusion, the “insufficient funds for gas price + value” error code is a common issue that MetaMask users encounter when trying to add test ether to their wallet. By checking your Ethereum balance, checking gas prices, and accurately calculating the transaction amount, you can avoid this issue and successfully complete your transactions.

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