diff --git a/ui/_locales/en/messages.json b/ui/_locales/en/messages.json
index be3a9b8a96..17e0d38f27 100644
--- a/ui/_locales/en/messages.json
+++ b/ui/_locales/en/messages.json
@@ -550,9 +550,13 @@
       "asset.label.balance": "Balance",
       "asset.label.symbol": "Name",
       "networkSelect.title": "Select Network",
-      "warning.alreadyExists.title": "Asset already exists, you will see it once your balance is over 0",
-      "warning.alreadyExists.desc": "If you still have issues seeing an asset, turn off “Hide asset balances under 2$” from Settings",
-      "warning.dust.title": "Asset balance is under <$2, you wil see it once your balance is over $2",
+      "warning.alreadyExists.title": "Asset already exists",
+      "warning.alreadyExists.desc": {
+        "dust": "Your balance is under {{sign}}{{amount}}. You will see it once you turn off “{{settings}}” in Settings.",
+        "noBalance": "Your balance is 0, you will see it once your balance is over {{sign}}{{amount}}.",
+        "visibility": "You should see it in your asset list."
+      },
+      "warning.dust.title": "Asset balance is under {{sign}}{{amount}}, you wil see it once your balance is over {{sign}}{{amount}}",
       "error.invalidToken": "Invalid contract address",
       "submit": "Add asset",
       "snackbar.success": "Asset added successfully",
diff --git a/ui/pages/Settings.tsx b/ui/pages/Settings.tsx
index 3d1fc96215..34a71365b9 100644
--- a/ui/pages/Settings.tsx
+++ b/ui/pages/Settings.tsx
@@ -14,7 +14,10 @@ import {
   toggleShowUnverifiedAssets,
 } from "@tallyho/tally-background/redux-slices/ui"
 import { useHistory } from "react-router-dom"
-import { selectMainCurrencySign } from "@tallyho/tally-background/redux-slices/selectors"
+import {
+  selectMainCurrencySign,
+  userValueDustThreshold,
+} from "@tallyho/tally-background/redux-slices/selectors"
 import {
   FeatureFlags,
   isEnabled,
@@ -156,7 +159,7 @@ export default function Settings(): ReactElement {
 
   const hideSmallAssetBalance = {
     title: t("settings.hideSmallAssetBalance", {
-      amount: 2,
+      amount: userValueDustThreshold,
       sign: mainCurrencySign,
     }),
     component: () => (
diff --git a/ui/pages/Settings/SettingsAddCustomAsset.tsx b/ui/pages/Settings/SettingsAddCustomAsset.tsx
index 9925e0c3ba..6a0b7fb9f3 100644
--- a/ui/pages/Settings/SettingsAddCustomAsset.tsx
+++ b/ui/pages/Settings/SettingsAddCustomAsset.tsx
@@ -10,6 +10,7 @@ import {
 } from "@tallyho/tally-background/redux-slices/assets"
 import {
   selectCurrentNetwork,
+  selectMainCurrencySign,
   userValueDustThreshold,
 } from "@tallyho/tally-background/redux-slices/selectors"
 import { selectEVMNetworks } from "@tallyho/tally-background/redux-slices/selectors/networks"
@@ -96,6 +97,7 @@ export default function SettingsAddCustomAsset(): ReactElement {
   const currentNetwork = useBackgroundSelector(selectCurrentNetwork)
   const allNetworks = useBackgroundSelector(selectEVMNetworks)
   const showTestNetworks = useBackgroundSelector(selectShowTestNetworks)
+  const mainCurrencySign = useBackgroundSelector(selectMainCurrencySign)
 
   const networks = allNetworks.filter(
     (network) =>
@@ -178,9 +180,32 @@ export default function SettingsAddCustomAsset(): ReactElement {
   const hideDustEnabled = useBackgroundSelector(selectHideDust)
   const showWarningAboutDust =
     hideDustEnabled &&
+    assetData?.mainCurrencyAmount !== 0 &&
     assetData?.mainCurrencyAmount !== undefined &&
     assetData?.mainCurrencyAmount < userValueDustThreshold
 
+  const warningOptions = {
+    amount: userValueDustThreshold,
+    sign: mainCurrencySign,
+  }
+
+  const renderWarningText = () => {
+    if (showWarningAboutDust) {
+      return t("warning.alreadyExists.desc.dust", {
+        ...warningOptions,
+        settings: sharedT("settings.hideSmallAssetBalance", warningOptions),
+      })
+    }
+
+    // showWarningAboutNoBalance
+    if (assetData?.mainCurrencyAmount === 0) {
+      return t("warning.alreadyExists.desc.noBalance", warningOptions)
+    }
+
+    // showWarningAboutVisibility
+    return t("warning.alreadyExists.desc.visibility")
+  }
+
   return (
     <div className="standard_width_padded wrapper">
       <SharedPageHeader withoutBackText>{t(`title`)}</SharedPageHeader>
@@ -370,7 +395,7 @@ export default function SettingsAddCustomAsset(): ReactElement {
             />
             <div className="alert_content">
               <div className="title">{t("warning.alreadyExists.title")}</div>
-              <div className="desc">{t("warning.alreadyExists.desc")}</div>
+              <div className="desc">{renderWarningText()}</div>
             </div>
           </div>
         ) : (
@@ -385,7 +410,7 @@ export default function SettingsAddCustomAsset(): ReactElement {
                 />
                 <div className="alert_content">
                   <div className="title" style={{ color: "var(--attention)" }}>
-                    {t("warning.dust.title")}
+                    {t("warning.dust.title", warningOptions)}
                   </div>
                 </div>
               </div>
@@ -398,6 +423,7 @@ export default function SettingsAddCustomAsset(): ReactElement {
           background: var(--green-120);
           border-radius: 8px;
           padding: 8px;
+          padding-right: 24px;
           display: flex;
           gap: 8px;
         }