diff --git a/docs/configuration.md b/docs/configuration.md
index 0163e1671..99a5fea04 100644
--- a/docs/configuration.md
+++ b/docs/configuration.md
@@ -97,6 +97,7 @@ Mandatory parameters are marked as **Required**, which means that they are requi
 | `telegram.enabled` | Enable the usage of Telegram. <br> **Datatype:** Boolean
 | `telegram.token` | Your Telegram bot token. Only required if `telegram.enabled` is `true`. <br>**Keep it in secret, do not disclose publicly.** <br> **Datatype:** String
 | `telegram.chat_id` | Your personal Telegram account id. Only required if `telegram.enabled` is `true`. <br>**Keep it in secret, do not disclose publicly.** <br> **Datatype:** String
+| `telegram.balance_dust_level` | Dust-level (in stake currency) - currencies with a balance below this will not be shown by `/balance`. <br> **Datatype:** float
 | `webhook.enabled` | Enable usage of Webhook notifications <br> **Datatype:** Boolean
 | `webhook.url` | URL for the webhook. Only required if `webhook.enabled` is `true`. See the [webhook documentation](webhook-config.md) for more details. <br> **Datatype:** String
 | `webhook.webhookbuy` | Payload to send on buy. Only required if `webhook.enabled` is `true`. See the [webhook documentation](webhook-config.md) for more details. <br> **Datatype:** String
diff --git a/docs/telegram-usage.md b/docs/telegram-usage.md
index 57f2e98bd..d4a6fb118 100644
--- a/docs/telegram-usage.md
+++ b/docs/telegram-usage.md
@@ -83,10 +83,13 @@ Example configuration showing the different settings:
          "sell": "on",
          "buy_cancel": "silent",
          "sell_cancel": "on"
-      }
+      },
+      "balance_dust_level": 0.01
    },
 ```
 
+`balance_dust_level` will define what the `/balance` command takes as "dust" - Currencies with a balance below this will be shown.
+
 ## Create a custom keyboard (command shortcut buttons)
 
 Telegram allows us to create a custom keyboard with buttons for commands.
diff --git a/freqtrade/constants.py b/freqtrade/constants.py
index 51f178806..c03bff0ad 100644
--- a/freqtrade/constants.py
+++ b/freqtrade/constants.py
@@ -54,6 +54,11 @@ DECIMALS_PER_COIN = {
     'ETH': 5,
 }
 
+DUST_PER_COIN = {
+    'BTC': 0.0001,
+    'ETH': 0.01
+}
+
 
 # Soure files with destination directories within user-directory
 USER_DATA_FILES = {
@@ -230,6 +235,7 @@ CONF_SCHEMA = {
                 'enabled': {'type': 'boolean'},
                 'token': {'type': 'string'},
                 'chat_id': {'type': 'string'},
+                'balance_dust_level': {'type': 'number', 'minimum': 0.0},
                 'notification_settings': {
                     'type': 'object',
                     'properties': {
@@ -244,7 +250,6 @@ CONF_SCHEMA = {
                 }
             },
             'required': ['enabled', 'token', 'chat_id'],
-            'balance_dust_level': 0.0001
         },
         'webhook': {
             'type': 'object',
diff --git a/freqtrade/rpc/telegram.py b/freqtrade/rpc/telegram.py
index ad3a00292..9d05ae142 100644
--- a/freqtrade/rpc/telegram.py
+++ b/freqtrade/rpc/telegram.py
@@ -17,6 +17,7 @@ from telegram.ext import CallbackContext, CommandHandler, Updater
 from telegram.utils.helpers import escape_markdown
 
 from freqtrade.__init__ import __version__
+from freqtrade.constants import DUST_PER_COIN
 from freqtrade.exceptions import OperationalException
 from freqtrade.misc import round_coin_value
 from freqtrade.rpc import RPC, RPCException, RPCHandler, RPCMessageType
@@ -487,7 +488,9 @@ class Telegram(RPCHandler):
             result = self._rpc._rpc_balance(self._config['stake_currency'],
                                             self._config.get('fiat_display_currency', ''))
 
-            balance_dust_level = self._config['telegram'].get('balance_dust_level', 0.0001 )
+            balance_dust_level = self._config['telegram'].get('balance_dust_level', 0.0)
+            if not balance_dust_level:
+                balance_dust_level = DUST_PER_COIN.get(self._config['stake_currency'], 1.0)
 
             output = ''
             if self._config['dry_run']:
@@ -507,7 +510,8 @@ class Telegram(RPCHandler):
                         f"\t`Est. {curr['stake']}: "
                         f"{round_coin_value(curr['est_stake'], curr['stake'], False)}`\n")
                 else:
-                    curr_output = f"*{curr['currency']}:* not showing <{balance_dust_level} {curr['stake']} amount \n"
+                    curr_output = (f"*{curr['currency']}:* not showing <{balance_dust_level} "
+                                   f"{curr['stake']} amount \n")
 
                 # Handle overflowing messsage length
                 if len(output + curr_output) >= MAX_TELEGRAM_MESSAGE_LENGTH:
diff --git a/tests/rpc/test_rpc_telegram.py b/tests/rpc/test_rpc_telegram.py
index f065bb4c5..922aa2de8 100644
--- a/tests/rpc/test_rpc_telegram.py
+++ b/tests/rpc/test_rpc_telegram.py
@@ -520,7 +520,7 @@ def test_telegram_balance_handle(default_conf, update, mocker, rpc_balance, tick
     assert 'Balance:' in result
     assert 'Est. BTC:' in result
     assert 'BTC: 12.00000000' in result
-    assert '*XRP:* not showing <1$ amount' in result
+    assert '*XRP:* not showing <0.0001 BTC amount' in result
 
 
 def test_balance_handle_empty_response(default_conf, update, mocker) -> None: