diff --git a/lib/postgresql_interface.js b/lib/postgresql_interface.js
index ce746556..72e30c71 100644
--- a/lib/postgresql_interface.js
+++ b/lib/postgresql_interface.js
@@ -34,14 +34,14 @@ PostgresqlInterface.prototype.summonTransaction =
     if (err && PG_ERRORS[err.code] === 'uniqueViolation')
       return self._fetchTransaction(tx.txId, cb);
     if (err) return cb(err);
-    cb(null, true);
+    cb();
   });
 };
 
 PostgresqlInterface.prototype.reportTransactionError = 
-  function reportTransactionError(tx, err) {
+  function reportTransactionError(tx, errString, status) {
   this.client.query('UPDATE transactions SET status=$1, error=$2 WHERE id=$3', 
-    ['failed', err.message, tx.txId]);
+    [status, errString, tx.txId]);
 };
 
 PostgresqlInterface.prototype.completeTransaction = 
@@ -56,7 +56,7 @@ PostgresqlInterface.prototype.completeTransaction =
 
 PostgresqlInterface.prototype._fetchTransaction = 
     function _fetchTransaction(txId, cb) {
-  this.client.query('SELECT status, tx_hash FROM transactions WHERE id=$1',
+  this.client.query('SELECT status, tx_hash, error FROM transactions WHERE id=$1',
       [txId], function (err, results) {
     if (err) return cb(err);
 
@@ -64,6 +64,6 @@ PostgresqlInterface.prototype._fetchTransaction =
     if (results.rows.length === 0) return cb(new Error('Couldn\'t find transaction.')); 
 
     var result = results.rows[0];
-    cb(null, false, result.tx_hash);
+    cb(null, {txHash: result.tx_hash, err: result.error, status: result.status});
   });
 };
diff --git a/lib/routes.js b/lib/routes.js
index 0ac54dbe..9bdfd491 100644
--- a/lib/routes.js
+++ b/lib/routes.js
@@ -57,7 +57,11 @@ var trade = function (req, res) {
 var send = function(req, res) {
   var fingerprint = req.connection.getPeerCertificate().fingerprint;
   _trader.sendBitcoins(fingerprint, req.body, function(err, txHash) {
-    res.json({err: err, txHash: txHash});
+    res.json({
+      err: err && err.message, 
+      txHash: txHash, 
+      errType: err && err.name
+    });
   });
 };
 
diff --git a/lib/trader.js b/lib/trader.js
index 0dc269af..9cda76c0 100644
--- a/lib/trader.js
+++ b/lib/trader.js
@@ -55,13 +55,6 @@ Trader.prototype._findWallet = function (name) {
   return exchange.wallet || exchange;
 };
 
-Trader.prototype._tradeQueueFiatBalance = function (exchangeRate) {
-  var satoshis = this._tradeQueue.reduce(function (memo, rec) {
-    return memo + rec.satoshis;
-  }, 0);
-  return (satoshis / SATOSHI_FACTOR) * exchangeRate;
-};
-
 Trader.prototype._consolidateTrades = function () {
   var queue = this._tradeQueue;
 
@@ -176,20 +169,23 @@ Trader.prototype._clearSession = function (deviceFingerprint) {
 Trader.prototype.sendBitcoins = function (deviceFingerprint, tx, cb) {
   var self = this;
 
-  self.db.summonTransaction(deviceFingerprint, tx, function (err, isNew, txHash) {
+  self.db.summonTransaction(deviceFingerprint, tx, function (err, txRec) {
     if (err) {
       return cb(err);
     }
 
-    if (isNew) {
-      this._clearSession(deviceFingerprint);
+    if (!txRec) {
+      self._clearSession(deviceFingerprint);
       return self.transferExchange.sendBitcoins(
         tx.toAddress,
         tx.satoshis,
         self.config.exchanges.settings.transactionFee,
         function(err, txHash) {
           if (err) {
-            self.db.reportTransactionError(tx, err);
+            var status = err.name === 'InsufficientFunds' ?
+              'insufficientFunds' :
+              'failed';
+            self.db.reportTransactionError(tx, err.message, status);
             return cb(err);
           }
 
@@ -200,9 +196,17 @@ Trader.prototype.sendBitcoins = function (deviceFingerprint, tx, cb) {
       );
     }
 
+    // Out of bitcoins: special case
+    var txErr = null;
+    if (txRec.err) {
+      txErr = new Error(txRec.err);
+      if (txRec.status === 'insufficientFunds') txErr.name = 'InsufficientFunds';
+    }
+
     // transaction exists, but txHash might be null, 
-    // in which case ATM should continue polling  
-    cb(null, txHash);
+    // in which case ATM should continue polling
+    self.pollBalance();
+    cb(txErr, txRec.txHash);
   });
 };
 
@@ -251,8 +255,6 @@ Trader.prototype.executeTrades = function () {
 };
 
 Trader.prototype.startPolling = function () {
-  this.pollBalance();
-  this.pollRate();
   this.executeTrades();
 
   this.balanceInterval = setInterval(this.pollBalance.bind(this), 60 * 1000);