MultiversX Tracker is Live!

Transferring funds from wallet to exchange

All Cryptocurrencies

by COINS NEWS 122 Views

I’ve got $20 of LRC in an old wallet that I want to send to an exchange. I know I needed some ETH for gas fees, so I transferred $20 of ETH from my exchange to my wallet. No problems.

When trying to send the LRC back to the exchange, etherscan tells me the transaction failed with these error messages:

  • Warning! Error encountered during contract execution [out of gas]
  • ERC-20 Token Transfer Error (Unable to locate corresponding Transfer Event Logs), Check with Sender

My LRC funds don’t move, but I’m still deducted the ETH gas fee. I don’t understand how I can be told I’m out of gas, but the transaction still deducts the gas fee from me

I don’t want to keep trying and losing money each time the transaction fails. Can someone explain what I’m doing wrong please?

submitted by /u/Aynsie
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments