I am staking in Folks Finance through my Pera wallet. I want to stop staking and start governance pool but Im getting an error :Insufficient balance to pay transaction fees.
So then I go to Pra Wallet and try to buy algo with Meld but it says: onramp is not supported in your region
So now I am going to try buying Algo in Coinbase and move it to my Pera wallet
Hello @Uma
Even though your ALGO is staked in Folks Finance, a tiny amount of free ALGO (unstaked and available in your wallet) is still needed to pay network fees for any transaction — including unstaking, governance participation, or moving funds.
The Algorand blockchain needs around 0.001 ALGO per transaction, but it’s best to keep at least 0.1–0.2 ALGO free to cover multiple actions.