Electrum Bitcoin wallet - No FX rate available - What is it & how to fix? - Electrum Bitcoin wallet - No FX rate available - What is it & how to fix?

#1 · October 28, 2020, 3:59 am

Hi, CoinGuides

I recently downloaded electrum Bitcoin wallet and sent some funds to it. I can see the transaction and the BTC balance. But at the bottom left next to the BTC balance there is a message that says “No FX rate available”.

What is it? Is it suppose to show the BTC balance in USD (fiat) values? If so then how do I fix it so that the wallet displays fiat currency rates?

Thank you.

#2 · October 28, 2020, 4:02 am

btw my electrum client is connected to the electrum server and there is a green light at the bottom right corner.

#3 · October 28, 2020, 7:10 am

By default electrum fetches fiat currency data from BitcoinAverage website. It no longer works. So try changing the currency information source from BitcoinAverage website to a different source such as: Bitstamp, Coinbase, Kraken, CoinGecko, LocalBitcoins or Blockchain info.

Go to Tools >> Preferences

Choose Fiat tab

Change the source to anything other than BitcoinAverage.

Hope it works.

#4 · October 30, 2020, 1:48 am

Thanks a lot. It Worked!