How To Fix "Parent account balance is insufficient for network fees" In Ledger Live
0How To Fix "Parent Account Balance Is Insufficient for Network Fees" Error In Ledger Live
If you are a Ledger Live user, you might have encountered an error message saying "Parent Account Balance Is Insufficient for Network Fees". This error occurs when you try to send a cryptocurrency transaction, but your parent account balance is not enough to cover the network fees.
This error can be frustrating, but there is a simple solution. In this guide, we will walk you through the step-by-step process to fix the "Parent Account Balance Is Insufficient for Network Fees" error in Ledger Live.
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Step 1: Check Your Parent Account Balance
The first thing you need to do is check your parent account balance. To do this, go to the Ledger Live app and select your parent account. Check if the balance is enough to cover the network fees. If not, you will need to transfer more funds to your parent account.
Step 2: Adjust Network Fees
The next step is to adjust the network fees. Ledger Live allows you to customize the network fees based on your transaction urgency. To do this, go to the "Send" tab and click on "Edit fees". Here, you can choose the priority of your transaction and adjust the fees accordingly.
Step 3: Retry the Transaction
Once you have adjusted the network fees and ensured that your parent account has enough balance, you can retry the transaction. This time, the transaction should go through without any errors.
In conclusion, the "Parent Account Balance Is Insufficient for Network Fees" error in Ledger Live can be fixed by checking your parent account balance, adjusting the network fees, and retrying the transaction. By following these simple steps, you can ensure a seamless cryptocurrency transaction experience in Ledger Live.
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