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Algorand Asset Opt-in

PreviousFrom AlgorandNextMessaging Layer

Last updated 1 year ago

On the Algorand blockchain, you have the ability to choose what asset(s) you can receive by opting-in or opting-out through your Algorand wallet.

When opting-in to an asset, a small transaction fee of 0.001 ALGO will be deducted from your wallet balance.

How to Opt-In

  1. To opt-in to an asset, you will need to know the asset ID.

  2. Once you have the asset ID, you can opt-in by adding the asset in your wallet.

  3. Click on the "Add Asset" button.

  1. Enter the asset ID into the search bar and the corresponding token will appear. Click to select it.

  1. Finally, click on "Approve" to opt-in to the asset.

  1. Once that is done, the asset will have been added to your Algorand wallet.

Example of adding an asset on Pera mobile wallet