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Buy and Swap Straight From Your Algorand Wallet
Benefits of an Atomic Algorand Wallet
- Only you control your private keys
- You can manage 300+ coins and tokens
- Exchange 100+ cryptocurrencies and get 1% cash back
- Buy BTC, SOL, SHIB, and 30+ assets with your bank card
- Stake 10+ coins with up to 20% yearly yield
How to Set Up Your Algorand Wallet
Install the app on your phone or PC
Create a new wallet (or import an existing wallet)
Buy crypto or make a deposit
Manage Your Portfolio
Sort your crypto assets by their amount and value to take control of your portfolio.
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Why Choose Algorand wallet
No registration and KYC required to use the app. We don't track your data
Your private keys are encrypted and never leave your device. Only you have control over your funds
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Fast support for your needs. Live chat and email support for customers from all over the globe.
Algorand is a blockchain, designed by MIT professor and Turing Award winner-cryptographer Silvio Micali. Algo is a digital asset, issued on the Algorand blockchain.
Algorand Blockchain Features
Everything from node repository, tools for key generation, crypto libraries, conducting auctions, crypto standards, testing, etc. is publicly available for any person to build upon, audit, or use.
Immediate transaction confirmation
The entire process does not fork, and immediately a block appears, account holders can be assured of the finality of a transaction.
Low participation costs
The platform requires modest IT resources and minimal processing power to join. Also, online users who own Algos can automatically participate in the platform’s block consensus.
Cryptographic Self-Selection Sortition
There is no fixed committee or delegated users tasked with proposing blocks in the platform. All community members are continuously, randomly, and secretly selected to take part in the Algorand consensus protocol.
The platform uses the Byzantine Agreement, which is highly effective. The Algorand protocol has not only numerous participants but also supports high transaction costs at affordable costs to customers.
Pure proof-of-stake (PPOs)
Algorand blockchain uses the Pure proof-of-stake consensus protocol according to the Byzantine agreement. The platform can have a consensus in the absence of a central authority. Also, it does not tolerate malicious data as long as the majority of it is non-malicious.
The PPoS approach links the security of the entire platform to the honest majority instead of a small subset. The main advantages of the PPoS are that users experience no delays, never forks, transactions are final after approval, are decentralized, and require low financial and computational expenses to set up. Algorand is also called a green blockchain, or next generation blockchain. It allows to creation smart contracts with a high level of security.
According to the Byzantine Agreement Protocol, users change the block selection to protect the platform against attackers. No one is aware of participants before the process, and after they participate, their information has already been propagated through the entire network, and it would be too late for attackers to benefit from the process.
What is Algorand (ALGO) Wallet
A wallet refers to a secure service, program, or physical medium that stores private and/or public keys that are used to spend, receive and track ownership of cryptocurrencies, such as the Algorand data. Cryptocurrencies have decentralized storage and are recorded in a ledger. The ledger is publicly available and called the Blockchain.
Atomic Algorand (ALGO) wallet has a pair of private and public cryptographic keys and provides you fast and easy access to the funds. Private keys allow spending of Algorand from that address while the public key allows other users to make payments to that particular wallet address. It allows users to receive, send, and monitor digital currencies.
Algo is a special blockchain platform whose objective is to provide scalability to the existing blockchain networks. It supports horizontal networks by adding an extra layer of blockchains. It has a good performance when consolidated with Ethereum. It facilitates atomic cross-chain transfer and backup of the old wallet.
Algorand Wallet Security
Algorand Wallet requires high-security features to protect user accounts. Atomic wallet has high-security features that keep cryptocurrencies safe from attackers. It allows private keys to be stored on a device. Also, it gives its users full management and control over their private keys because the wallet does not store private keys in its servers. Instead, the keys are managed and stored in the user's personal computer (PC). Furthermore, each user gets a distinct mnemonic seed phrase that controls account access. The unique seed phrase acts as an additional layer of protection that offers users full control over their wallets. Keep it in a secure place!
Algorand Pera Wallet
Pera Algo wallet is one of the popular Algorand Wallets, as Atomic and official Algo wallet.
How does Atomic Wallet Work
Download the application and install it on your device to secure keeping all your assets in one app. After creating the password, your wallet automatically creates a 12-word mnemonic backup phrase. You should create a copy and store it securely. The phrase can be used to restore a wallet if the PC gets stolen or crashes.
After copying the mnemonic phrase, the Atomic wallet account is ready for use. It is important to note that each Atomic wallet address is instantly generated from a mnemonic seed phrase. If you lose the seed, you cannot recover or recreate the wallet if the PC fails or is stolen.
Atomic Wallet also provides an option to get rewards for staking Algo. Rewards are calculated on daily basis,
Where to Keep Algo
The best method of storing Algo is using Atomic Wallet. It is a secured and verified wallet as determined by its inbuilt design system and mechanism of operation. The transactions are encrypted and stored in the Blockchain. Similar to a safe that is opened using a code, Atomic wallet users access their funds using their seed phrase. Furthermore, user data, coins value, and information is collected and updated from blockchains instantly. You can buy, exchange, stake Algo assets and get rewards in an all-in-one secure Atomic app.
Also, it allows users to store and manage data regarding different cryptocurrencies. Atomic Wallet balance is immediately displayed in real-time to allow users to exchange between different coins or transfer funds to other addresses. It has instant support 24/7, a user-friendly interface, accepted bank cards, optimal privacy, built-in exchange, security, and multicurrency.