Hi there, this may sound like a basic question but if the minimum number of algos a wallet can have is limited to 100,000 micro algos, what would happen if the price of an algo is, say, £10 - would that mean the minimum transaction could only be £1? I’m sure I’ve overlooked something here and there …

0.1 Algos = 100,000 microAlgos is the minimum balance of an account. You may send transactions for any amount of Algos as long as the resulting balance of the recipient account is at least 0.1 Algos. This is to prevent people from create many fake accounts and making the storage used by nodes expl…

Minimum number of algos thought

General

Litatolvy February 11, 2021, 11:21pm 3

Very clear, thank you

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Minimum number of algos thought

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