Algorand

chevron-rightWhat is the minimum for bridging with Algo?hashtag

The minimum amount for bridging with Algo is 5 Algo. You can bridge as much as you like once you met the minimum requirements set by the bridge.

chevron-rightWhat is xAlgo?hashtag

xAlgo is a wrapped Algo token on the Solana network. When you bridge Algos from Algorand to Solana, you receive xAlgo on the destination chain (Solana).

chevron-rightWhat is ATA and why should I create it prior to bridging Algo to Solana?hashtag

ATA stands for Associated Token Account, and it is based on the Solana network's architecture that requires an associated account to be generated for every non-native token (Asset) in a user's wallet so that the user is able to send and receive that token (asset). The create ATA button will take care of that process for you, when the app detects that you do not have an associated account for xAlgo on Solana. Please note that the Solana Asset ID for xAlgo is 'HMx8h6yJf7kEMYzrVcgcvLSihrZkLeoXpX6SKrMaNKVK'

chevron-rightWhat is the minimum USDC balance required to start bridging from/to Algorand?hashtag

1 USDC when bridging from Algorand and 1 USDC balance when bridging to Algorand (but 10 USDC if bridging from Ethereum).

chevron-rightWhat wallets I can use for Algorand?hashtag

The following wallets are supported on Algorand:

  • MyAlgo

  • Pera

  • Defly

  • Exodus

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