Assets, Ethereum

What Causes an Ethereum Transaction to Fail?

When you attempt to send an Ethereum transaction, it can fail for a number of reasons. The most common reasons for failed transactions are:

Insufficient funds: You can only send a transaction if you have enough ETH in your account to cover the gas costs. If you don’t have enough ETH, your transaction will fail.

NOTE: WARNING: Ethereum transactions can fail for a variety of reasons, including but not limited to insufficient funds, network congestion, an attempt to send to an invalid address, or a gas limit that is too low. Before sending an Ethereum transaction, make sure you have enough funds in your account and use a reasonable gas price. Additionally, double-check the address you are sending to is valid. If your transaction still fails, reach out to your wallet provider for assistance.

Nonce too low: Every transaction must have a “nonce” that is greater than the previous transaction’s nonce. If you try to send a transaction with a nonce that’s too low, it will fail.

Invalid signature: If you try to send a signed transaction with an invalid signature, it will fail.

There are also a few other reasons why transactions can fail, but those are the most common. If your transaction fails, you’ll usually get an error message telling you why.

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