Invalid or incorrect recipient address

Oct 13, 2025 by magicalceylontours.com 131 views

My Transaction of 0.003 ETH from MEW Shows "FAIL" in Etherscan: What Went Wrong?

Understanding the Issue

When sending a transaction from MyEtherWallet (MEW) to the Ethereum network, it's essential to ensure that the transaction is processed successfully. However, in some cases, the transaction may show a "FAIL" status on Etherscan, leaving users wondering what went wrong. In this article, we'll delve into the possible reasons behind a failed transaction and provide guidance on how to troubleshoot the issue.

Transaction Details

To better understand the problem, let's examine the transaction details:

Transaction amount: 0.003 ETH
Gas limit: 170,000
Transaction status: FAIL
Etherscan: The transaction is visible on Etherscan, but the status is marked as FAIL.

Possible Reasons for a Failed Transaction

There are several reasons why a transaction may fail on the Ethereum network. Some of the possible causes include:

Insufficient gas: If the gas limit is set too low, the transaction may fail due to insufficient gas.
Incorrect gas price: If the gas price is set too low, the transaction may fail due to a low gas price.
Network congestion: If the Ethereum network is congested, transactions may fail due to high gas prices or insufficient gas.
Invalid or incorrect recipient address: If the recipient address is invalid or incorrect, the transaction may fail.
Transaction nonce: If the transaction nonce is incorrect, the transaction may fail.

Troubleshooting the Issue

To troubleshoot the issue, let's examine the transaction details and the Etherscan page.

Check the gas limit: Ensure that the gas limit is set high enough to cover the transaction cost. A gas limit of 170,000 is a good starting point, but you may need to adjust it depending on the transaction complexity.
Check the gas price: Ensure that the gas price is set high enough to cover the transaction cost. A gas price of 20-30 Gwei is a good starting point, but you may need to adjust it depending on the network congestion.
Check the recipient address: Ensure that the recipient address is valid and correct.
Check the transaction nonce: Ensure that the transaction nonce is correct.

Analyzing the Etherscan Page

The Etherscan page provides valuable information about the transaction status. Let's analyze the page to identify any potential issues.

Transaction status: The transaction status is marked as FAIL, indicating that the transaction failed.
Error message: There is no error message on the Etherscan page, making it difficult to identify the cause of the failure.
Transaction details: The transaction details are visible on the Etherscan page, including the gas limit, gas price, and recipient address.

Conclusion

A failed transaction on Etherscan can be frustrating, especially when the transaction amount is small. By examining the transaction details and the Etherscan page, we can identify potential issues and troubleshoot the problem. In this article, we've discussed the possible reasons behind a failed transaction and provided guidance on how to troubleshoot the issue. By following these steps, you can ensure that your transactions are processed successfully and avoid any potential issues.

Additional Tips

Use a gas calculator: Use a gas calculator to estimate the gas cost of your transaction and adjust the gas limit and gas price accordingly.
Monitor the Ethereum network: Monitor the Ethereum network for any potential issues or congestion.
Use a reliable wallet: Use a reliable wallet, such as MEW, to ensure that your transactions are processed securely and efficiently.

Frequently Asked Questions

Q: What is the minimum gas limit required for a transaction? A: The minimum gas limit required for a transaction is 21,000.
Q: What is the recommended gas price for a transaction? A: The recommended gas price for a transaction is 20-30 Gwei.
Q: How can I troubleshoot a failed transaction? A: To troubleshoot a failed transaction, examine the transaction details and the Etherscan page to identify any potential issues.

Related Articles

Understanding Ethereum Gas: A Beginner's Guide
How to Use MyEtherWallet (MEW)
Ethereum Transaction Fees: A Guide to Understanding Gas Prices

Conclusion

In conclusion, a failed transaction on Etherscan can be frustrating, but by examining the transaction details and the Etherscan page, we can identify potential issues and troubleshoot the problem. By following the steps outlined in this article, you can ensure that your transactions are processed successfully and avoid any potential issues.
My Transaction of 0.003 ETH from MEW Shows "FAIL" in Etherscan: Q&A

Frequently Asked Questions

In our previous article, we discussed the possible reasons behind a failed transaction on Etherscan and provided guidance on how to troubleshoot the issue. However, we understand that you may still have some questions. In this article, we'll address some of the most frequently asked questions related to failed transactions on Etherscan.

Q: What is the minimum gas limit required for a transaction?

A: The minimum gas limit required for a transaction is 21,000. However, it's recommended to set a higher gas limit to ensure that your transaction is processed successfully.

Q: What is the recommended gas price for a transaction?

A: The recommended gas price for a transaction is 20-30 Gwei. However, you may need to adjust the gas price depending on the network congestion.

Q: How can I troubleshoot a failed transaction?

A: To troubleshoot a failed transaction, examine the transaction details and the Etherscan page to identify any potential issues. Check the gas limit, gas price, recipient address, and transaction nonce to ensure that they are correct.

Q: What is the difference between a failed transaction and a pending transaction?

A: A failed transaction is a transaction that has been rejected by the Ethereum network, while a pending transaction is a transaction that is waiting to be processed by the Ethereum network.

Q: How can I cancel a pending transaction?

A: Unfortunately, it's not possible to cancel a pending transaction. However, you can try to increase the gas limit or gas price to ensure that the transaction is processed successfully.

Q: What is the Ethereum gas limit?

A: The Ethereum gas limit is the maximum amount of gas that can be used for a transaction. The gas limit is set by the sender and can be adjusted depending on the complexity of the transaction.

Q: How can I estimate the gas cost of a transaction?

A: You can use a gas calculator to estimate the gas cost of a transaction. A gas calculator takes into account the gas limit, gas price, and transaction complexity to provide an estimate of the gas cost.

Q: What is the difference between a low gas price and a high gas price?

A: A low gas price is a gas price that is set too low, while a high gas price is a gas price that is set too high. A low gas price may result in a failed transaction, while a high gas price may result in a higher transaction cost.

Q: How can I increase the gas price of a transaction?

A: To increase the gas price of a transaction, you can adjust the gas price in your wallet or use a gas calculator to estimate the gas cost and adjust the gas price accordingly.

Q: What is the Ethereum network congestion?

A: The Ethereum network congestion is a situation where the Ethereum network is overwhelmed with transactions, resulting in high gas prices and delayed transaction processing.

Q: How can I avoid network congestion?

A: To avoid network congestion, you can try to send transactions during off-peak hours, use a gas calculator to estimate the gas cost, and adjust the gas price accordingly.

Q: What is the difference between a successful transaction and a failed transaction?

A: A successful transaction is a transaction that is processed successfully by the Ethereum network, while a failed transaction is a transaction that is rejected by the Ethereum network.

Q: How can I ensure that my transactions are processed successfully?

A: To ensure that your transactions are processed successfully, you can examine the transaction details and the Etherscan page to identify any potential issues, use a gas calculator to estimate the gas cost, and adjust the gas price accordingly.

Conclusion

In conclusion, we hope that this Q&A article has provided you with the information you need to troubleshoot failed transactions on Etherscan. Remember to examine the transaction details and the Etherscan page to identify any potential issues, use a gas calculator to estimate the gas cost, and adjust the gas price accordingly. If you have any further questions, please don't hesitate to contact us.

Related Articles

Understanding Ethereum Gas: A Beginner's Guide
How to Use MyEtherWallet (MEW)
Ethereum Transaction Fees: A Guide to Understanding Gas Prices

Additional Resources

Etherscan Documentation: Etherscan provides a comprehensive documentation on how to use their platform, including troubleshooting guides and FAQs.
MyEtherWallet (MEW) Documentation: MEW provides a comprehensive documentation on how to use their wallet, including troubleshooting guides and FAQs.
Ethereum Gas Calculator: A gas calculator is a tool that estimates the gas cost of a transaction based on the gas limit, gas price, and transaction complexity.