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Apologies, I've been inactive.
It seems to have been fixed a few days after making this post.
Hope it got solved for you too!
To Fix the issue, go to "place buy orders" and put the purchase amount from the error in the "What price do you want to pay" and whatever amount shows up in "Maximum Price" is the amount you need to have in your steam wallet for the transaction to go through.
Hope this helps someone else.