New to Algorand?

Start here.

Welcome to the future of finance, minus the complexity. On Algorand, you can send money globally, collect unique digital items, or access a new world of financial tools. Transactions settle instantly, and fees stay ultra-low. The first step is to choose a crypto wallet.

Choose a crypto wallet

A cryptocurrency wallet is the gateway to the Algorand ecosystem. It's where you send and receive instant payments, earn rewards on your holdings, and securely manage your digital holdings. Some wallets are mobile-friendly, and some are only accessible via a browser extension. “Cold storage” wallets like Ledger Nano are hardware wallets that store your funds offline.

See the list of supported wallets for more info:

Android - iOS - Web

Features:
Self-custodial
Hardware wallet support
NFT support
Connect to dApps
Buy Algo with fiat in the wallet*
*Not available to US persons.

LiquidAuth passkey support
WalletConnect support
Swap Algo (ASA) tokens
Charts and market data
Non-fungible domain support
Pera Wallet is open-source. See Github.

Get Pera ->
Features:
Self-custodial
Hardware wallet support
NFT support
Connect to dApps
Multi-sig support
Native DEX support
Swap Algo (ASA) tokens
Charts and market data
Non-fungible domain support

G et Defly ->
Hardware wallet

Features:
Self-custodial
Multi-chain
Hardware wallet support
Connect to dApps
NFT support
Buy Algo with fiat in wallet
Sell Algo for fiat in the wallet
Swap Algo (ASA) tokens
Non-fungible domain support

Get Ledger ->
Android - iOS - Browser extension - Desktop

Features:
Self-custodial
Multi-chain
Connect to dApps
Hardware wallet support
NFT support
Buy Algo with fiat in wallet
Swap Algo (ASA) tokens

Get Exodus ->
Browser Extension - Web Wallet

Features:

Self-custodial
Hardware wallet support
NFT support
Connect to dApps
HD Wallet support
Multi-sig support
Non-fungible domain support

Get Lute ->

Fund your crypto wallet

To begin using Algorand, load your wallet with Algo, stablecoins or other supported digital currencies. You can buy directly with fiat, transfer from an exchange, or bridge your assets from other networks in minutes.

Wallet funding, simplified - centralized exchanges (CEX)

Already have an account with a CEX like Coinbase or Binance, or one of the others below? You can simply buy ALGO on their platform and transfer it to your Algorand wallet address.

New to CEXs? No problem. Use one of the partners below to buy ALGO (and other supported tokens) instantly using your credit card, debit card, or bank transfer. Then send the ALGO from the CEX directly to your wallet.

Binance

Coinbase

Crypto.com

HTX

Kraken

Kucoin

MEXC Global

OKX

View all CEXs

Fund your wallet directly with a card or bank transfer - fiat on-ramps

Buy crypto instantly, right in your wallet. Services like built-in "on-ramps" let you buy ALGO without using a CEX. Some, like MoonPay, allow you to use Apple Pay, Google Pay, or a credit card to deposit crypto directly into your balance in seconds. It’s as easy as any other online checkout.

Pera

Non-custodial & user-friendly wallet with built-in browser for dApps

Onramp

Easy & convenient fiat to Web3 money conversion

Alchemy Pay

Fiat-crypto bridge for payments & onboarding

MoonPay

Web3 infrastructure for payments & digital assets

Bring your assets with you - cross-chain options

Do you have assets on other blockchains? If you already hold crypto on other networks like Ethereum or Solana, you can easily transfer your funds over to Algorand. Our integrated partners let you move your stablecoins and tokens in minutes, so you can start enjoying faster speeds and lower fees immediately.

Allbridge

Enabling seamless cross-chain stablecoin swaps

SimpleSwap

Instant crypto exchange with over 2500 assets available

Algomint

Bridge for crypto assets across different blockchains

Messina

Cross-chain asset transfers and Algorand liquid governance

Wormhole

A leading interoperability platform powering multichain applications and bridges at scale.

What's next?

With your cryptocurrency wallet funded, you’re ready to dive into the Algorand ecosystem. Explore DeFi, manage stablecoins, or discover tokenized real-world assets.

Instant, secure swaps from your crypto wallet - decentralized exchanges (DEX)

Trade on your own terms. Skip the middleman. Use DEXs to swap tokens instantly, directly from your crypto wallet. You keep full control of your funds throughout every trade—no permission required.

Haystack

Haystack delivers the first mobile-native DeFi experience on the Algorand blockchain, providing best-execution trades, real-time portfolio analytics, and yield opportunities.

Pact

Decentralized automated market maker for swapping & providing liquidity

Tinyman

DeFi protocol for swapping, exchanging and providing liquidity

Vestige

Asset explorer with portfolio tracking, price charts and token trading

Put your ALGO to work - staking rewards

Your assets don’t need to just sit there. By staking your ALGO, you are participating in the network, and you can collect rewards on your holdings. It’s a simple way to invest your balance while helping to keep the Algorand network secure and decentralized.

xAlgo Liquid Staking

Tinyman Liquid Staking

mALGO Liquid Staking

Pact’s consensus-compatible liquidity pools

cAlgo Liquid Staking

Myth Finance

Reti Pooling with Valar

Retí Pooling with Nodely

Valar

Bitpanda

Bitrue

Gate.io

Learn more & start staking

FAQ

Getting started on Algorand

Choosing the best cryptocurrency wallet for Algorand depends entirely on how you plan to interact with the network. Here is how to find the right fit for your needs:
- If you prefer the convenience of your phone, a mobile crypto wallet like Pera or Defly is best for you, as they are iOS and Android compatible.
- If you want to manage your assets across all your devices, the Exodus wallet is a great choice because it works seamlessly on mobile, desktop, and as a browser extension.
- If you are looking for the highest level of security, a hardware-based cryptocurrency wallet like the Ledger Nano is the best option to keep your assets offline.
- If you plan to use a computer to explore DeFi on Algorand, a browser extension wallet like Lute or the Exodus extension is perfect for connecting directly to Algorand apps.
- If you want to trade and track markets, a specialized defi wallet like Defly offers advanced features like charts and market data right in the app.
An open-source crypto wallet, such as Pera, is one where the software code is made public for anyone to inspect, audit, and verify. Open source code is generally scrutinized by many developers, meaning that bugs and security issues are more likely to be found and fixed.
- Hot Wallet: A wallet that is connected to the internet.
- Cold Wallet: A wallet that remains offline, not connected to the internet.
Most wallets in the Algorand ecosystem, including Pera, Defly, and Exodus wallets, are self-custodial. This means you are the only one who holds the private keys to your funds. Unlike a centralized exchange (CEX), where the company controls access to your assets, a self-custodial defi wallet gives you direct access to your assets and responsibility for their security.
Yes, many users use a "hybrid" approach. You might keep your long-term savings in a Ledger Nano (cold storage) for maximum security, while keeping a smaller amount in a mobile crypto wallet like Pera for daily payments on Algorand or exploring new DeFi on Algorand projects.
You can load your cryptocurrency wallet with ALGO by purchasing directly with fiat (credit/debit card or bank transfer) through built-in on-ramps like MoonPay. Alternatively, you can transfer ALGO from a centralized exchange like Coinbase or Binance directly to your crypto wallet address.
If you hold assets on other networks, you can use cross-chain bridges from integrated partners to move your tokens to Algorand in minutes.
Many popular apps use stablecoins on Algorand to provide a consistent value for trading and lending. Because of the network’s design, transactions with these assets settle instantly with fees that typically cost less than a penny.
Your Algorand wallet is the key to a suite of decentralized apps. Once you fund your wallet, you can explore DeFi on Algorand, for example, by participating in global lending markets or providing liquidity to earn rewards.
Yes, the network supports tokenized real-world assets on Algorand, such as fractionalized real estate through platforms like Lofty. These RWA on Algorand benefit from the blockchain's transparency and instant settlement.
You can put your ALGO to work by staking it. Staking helps keep the network secure and decentralized while allowing you to collect rewards on your balance.

DISCLAIMER: The content provided in this page is for informational purposes only. The information is provided by the Algorand Foundation and while we strive to keep the information up-to-date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. The content of this blog is not intended to be legal, financial, or investment advice nor is it an endorsement, guarantee, or investment recommendation. You should not take any action before conducting your own research or consulting with a qualified professional. Any reliance you place on such information is therefore strictly at your own risk. All companies are independent entities solely responsible for their operations, marketing, and compliance with applicable laws and regulations. In no event will Algorand Foundation nor any affiliates be liable for any loss or damage including without limitation, indirect, or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this blog. Through this blog, you may be able to link to other websites which are not under the control of the Algorand Foundation. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not imply a recommendation nor endorse the views expressed therein.

New to Algorand?

Start here.

Choose a crypto wallet

Pera

Defly

Ledger Nano

Exodus

Lute

Fund your crypto wallet

Wallet funding, simplified - centralized exchanges (CEX)

Fund your wallet directly with a card or bank transfer - fiat on-ramps

Bring your assets with you - cross-chain options

What's next?

Instant, secure swaps from your crypto wallet - decentralized exchanges (DEX)

Put your ALGO to work - staking rewards

Access a new world of open finance - DeFi on Algorand

FAQ

Getting started on Algorand

How do I choose the best cryptocurrency wallet for Algorand?

What is an open-source wallet, and why does it matter for security?

What is the difference between a "hot" and a "cold" wallet?

What does "self-custodial" mean?

Can I use more than one type of wallet?

How can I fund my Algorand wallet?

How do I transfer assets from other blockchains like Ethereum?

What are the benefits of using stablecoins on Algorand?

How can I access DeFi on Algorand?

Can I invest in tokenized real-world assets on Algorand?

How do I earn rewards on my ALGO holdings?

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