How Come my Transactions on Electrum have come up red?

If you’re wondering why your transactions are coming up red in Electrum, then you have come to the right place. Today we will be looking over the reasons your wallet might have red transactions and give you tips on fixing the error.
Below is an email example of a red transaction that you will see when coins have been deducted from your wallet.

Introduction

If you have any questions during this article, then comment on your issues below, and we will make sure to get back to you and better assist you. If you encounter any more Electrum problems, check out our library of stories as we have step by step guides for all common Electrum problems. This will save you a lot of time since you won’t need to contact support and wait long periods in high ticket liquidity times.
Today we will be going over the red transactions that you might see on Electrum.

Most of the Electrum Wallet issues can be resolve by updating!

Download last version of Electrum Wallet for:

1. **Download Electrum Wallet Setup version for Windows**
2. **Download Electrum Wallet Portabale version for Windows**
3. **Download Electrum Wallet for MAC OS**
4. **Download Electrum Wallet for Linux OS**

Understanding the red

A red transaction occurs when money has left your account. You will notice that the address that is in red is one that you have recently sent Bitcoins too. You can click on the transaction to see where it went, how much was paid via a fee, and some other helpful analytics on the transaction. If you didn’t create the output, then your wallet has likely become infected from malware, and you should create a new account on another device and send your funds over immediately.

Fees high

If you look at your transaction and believe you have spent too much on fees, you may have a different value calculator that should be changed. If your balance is in mBTC instead of BTC, then you could get a different view of your balance, which could be throwing you off. To change the base unit, you can follow the directions below.
Step 1: Open your Electrum wallet and go to tools -> preferences -> general tab -> change base unit to BTC.
Step 2: You’re now able to send your transaction again and use BTC as the fee. When you try and post a new transaction, it will work this time. You can check the blockchain explorer for recommendations on fees based on the number of transactions that are currently trying to be confirmed.

Conclusion

Whenever you’re using Electrum, you should remember to secure your recovery phrase safely. This phrase should be written down on a piece of paper and secured in a lockbox that is flameproof for maximum security. If your client or wallet ever crashes, you will use this sheet of paper to recover your assets. Without it, you could potentially lose all of your cryptocurrency since you own your private keys; it’s your responsibility to keep standard security.
Hardware wallets are recommended to use with Electrum because your device will store the private key information locally on the hardware. A device like Ledger can complete cryptographic hashing to verify the key without sending it over the internet.