Managing Algorand Standard Assets (ASA)

You can manage Algorand Standard Assets (or ASA) in Ledger Live using the Algorand app on your Ledger device. Before you can manage ASA, you need to complete the following prerequisites: 

You can manage your Algorand Standard Assets (ASA) in the following ways: 

Adding Algorand Standard Assets (Opt-in)

To add a type of Algorand Standard Assets (ASA):

  1. In Ledger Live, go to Accounts
  2. In Accounts, select the Algorand account you have created.
  3. In the ASA (Assets) section, click on the + ASA button. 
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  4. Follow the instructions in Ledger Live to add an ASA. 

  Note that it is not possible to opt-out of ASA in Ledger Live. 

Sending and Receiving ASA

You can now send and receive ASA. Get started by sending your ASA to the Algorand account of your choice. The ASA accounts will only appear after the ASA transaction has been confirmed on the Algorand network. The Algorand account you send ASA to will be the parent account of your ASA accounts.

Before you send and receive ASA, make sure the parent Algorand account meets the following requirements:

  • A minimum balance of ALGO 0,1. 
  • Some ALGO to pay for the network fees of ASA transactions.

Viewing ASA

If you already have an Algorand account with ASA, your ASA will be displayed in Ledger Live once you've added your account.

To view your ASA: 

  1. In Ledger Live, go to Accounts.
  2. Click on Show ASA under the Algorand account that holds the ASA.

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Hiding ASA

You can either hide all ASA accounts for which you have emptied the full balance or choose to hide a specific ASA that you do not want to see. 

Hiding all ASA with zero balance

  1. Go to the Settings in Ledger Live.
  2. In the Accounts tab, enable Hide empty token accounts.

Hiding a specific ASA

  1. On the Accounts page, right-click on the token you want to hide.
  2. Click on Hide token.

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If you want to unhide tokens, go to Settings > Accounts > Hidden tokens.

Supported ASA

The following ASA are supported in Ledger Live: 

  • Tether USDt (USDt)
  • Micro-Tesla (M-TSLA)
  • Micro-Apple (M-AAPL)
  • Micro-Google (M-GOOGL)
  • Micro-Netflix (M-NFLX)
  • Micro-Twitter (M-TWTR)
  • Micro-Amazon (M-AMZN)
  • Micro-Microsoft (M-MSFT)
  • MESE Index Fund (MESX)
  • MESE USD Exchange Token (USD-MESE)
  • Asia Reserve Currency Coin (ARCC)

ASA that are not supported in Ledger Live can be managed using external wallets such as Algorand wallet or MyAlgoWallet.  We are working to add all ASA to our list of supported crypto assets

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