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RE: transferring steem dollars to bitcoin using poloniex after messing up with blocktrades.us

in #transferring8 years ago

I tried to do a Steem to BTC transaction and got the following error "permanent_output_failure_input_too_small" I was testing the waters by just doing a small conversion, but it seems that it is lost because of this? What should the minimum amount be to transfer Steem for BTC?

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The minimum amount varies with the current cost of sending a bitcoin transaction. You could determine this amount by entering a value like .0001 in the BTC edit box on our web site (right now it's reporting 1.394 STEEM, for example, for that case). But I would not send this small an amount anyways, because most of the Steem value would be lost paying the transaction fee. So I suggest a value of 10 or more Steem right now.

Thanks for the reply.