Swap Algorand (ALGO)
Price now
$0.106056
CoinGecko, 02:04 UTC
Networks
1
ALGO
Memo / tag
not used
Confirmations
1
Algorand
Minimum ALGO → USDT
266.25 ALGO
≈ $28.24
Minimum USDT → ALGO
30.04 USDT
payout fee 0.01 ALGO
What to know about Algorand
Algorand is a pure proof-of-stake chain with blocks under three seconds and instant finality: once a block is certified there are no forks to wait out, so a single confirmation is final. Fees are a flat 0.001 ALGO per transaction under normal load. Every account must keep a minimum balance of 0.1 ALGO, plus 0.1 ALGO for each Algorand Standard Asset it has opted into. That opt-in rule is specific to Algorand: an account has to opt in to a token before it can receive it, but ALGO itself needs no opt-in. Addresses are 58 characters made of capital letters and the digits 2–7, which makes them easy to recognise and hard to mistype without the checksum failing.
Wallets for this network: Pera, Defly, Lute, Ledger
Swap directions for ALGO
ALGO pair pages:
ALGO networks: address, confirmations, memo
| Network | Address format | Deposit / payout | Conf. | Memo | Contract |
|---|---|---|---|---|---|
| ALGOAlgorand | 58 characters, A–Z and 2–7 | yes / yes | 1 | — | native |
Provider data, 2026-10-20. Gas: ALGO.
ALGO mistakes that cost money
Paying out less than 0.1 ALGO to a brand-new address. The transfer fails because the account cannot reach the minimum balance.
Trying to send the full balance from an account with opted-in assets. Each asset raises the minimum balance by 0.1 ALGO.
Pasting an Algorand NFD name instead of the address in a field that expects an address. Copy the 58-character address.
ALGO to USD: popular amounts
| ALGO | USD | ≈ USDT after 1% | |
|---|---|---|---|
| 100 | $10.61 | 10.4995 | Swap |
| 500 | $53.03 | 52.4977 | Swap |
| 1,000 | $106.06 | 104.9954 | Swap |
| 5,000 | $530.28 | 524.9772 | Swap |
| 10,000 | $1,060.56 | 1,050 | Swap |
| 50,000 | $5,302.80 | 5,250 | Swap |
| 100,000 | $10,605.60 | 10,500 | Swap |
CoinGecko, 02:04 UTC. Before the payout network fee.
ALGO: questions and answers
How many confirmations does ALGO need?
Algorand has instant finality, and the provider credits ALGO after the single confirmation shown in the table.
Do I need to opt in to receive ALGO?
No. Opt-in applies only to tokens (ASAs), not to ALGO itself.
More smart-contract networks
All coins in the directory · Memo and tag checker · Deposit confirmations