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Algorand is a proof-of-stake blockchain known for fast finality and low transaction costs. This guide covers Algorand-specific features when using Dfns wallets.

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Minimum balance

Algorand wallets require a minimum balance of 0.1 ALGO to remain active on the network. If a wallet’s balance falls below this threshold, the account becomes inactive and cannot send transactions.
When creating new Algorand wallets, fund them with at least 0.1 ALGO before attempting any transactions.

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Receiving Algorand Standard Assets (ASA)

Before a wallet can receive an Algorand Standard Asset (ASA), it must first opt-in to that asset. This is an Algorand network requirement - wallets cannot receive tokens they haven’t explicitly opted into. To opt-in to an ASA, send 0 of the asset to the wallet. This registers the wallet to receive that specific asset. See the Algorand SDK examples for complete implementation details.
Each ASA opt-in increases the minimum balance requirement by 0.1 ALGO. Plan accordingly when managing multiple assets.

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Transfers

Use the Transfer Asset endpoint to send ALGO and ASAs:
  • Native ALGO: Use kind: Native with amount in microALGO (1 ALGO = 1,000,000 microALGO)
  • ASA tokens: Use kind: Asa with the token’s assetId
  • Memo: Algorand supports an optional memo field for transaction notes

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SDK integration

For full transaction control, use the Dfns SDK with algosdk. See complete examples: