Pera Algo Wallet - Simply the Best Pera Algorand Wallet 

Pera Algo Wallet has relaunched under a new name: Pera Algo Wallet in 2022. The team behind this new wallet is the same team creating and managing the Pera Algo Wallet; because of the involvement of Algorand, the wallet experiences consistent updates and development. Hence the Pera Algo Wallet users will always be current. Regular updates associated with Algorand take longer to reach users using other crypto wallets.

Top-level safety, speed, and user-friendly design are some of the features that best explain the Pera Algo Wallet. 4 seconds is its maximum speed. The wallet provides plenty of features to confirm that users' assets are safe. Compatibility with hardware wallets is one such feature. Also, the wallet supports the Ledger Nano X device to store users' private keys offline. It is an excellent tool for ALGO stakes or trading.

Why Use the Pera Algo Wallet? 

Safe and Decentralized

Algorand is a famous self-custodial cryptocurrency wallet giving users full hold of their funds. It keeps all your sensitive data safely on your devices. 

Purchase, Transact, and Store

The wallet allows users to purchase digital currency with a card. You can choose a deal based on your needs with the wallet. Also, you can handle your complete DeFi (decentralized finance) and NFT (non-fungible token) portfolio across each Pera Algo Wallet you have.

Algorand NFTs at the Best

Users can easily send, keep, and view their Algorand NFTs in their wallets. The wallet lets you explore and purchase them using the Pera NFT Aggregator.  

Quick Swap

You can exchange ASA (native tokens of Algorand) on Pera Mobile. Making use of reliable and trusted providers, like Tinyman. 

Use dApps

With its state-of-the-art Wallet Connect, the wallet allows users to use any dApp (decentralized application) on the Algorand ecosystem. Users can explore new dApps and utilize them without leaving their wallets. 

Hardware Wallet Support 

Pera Algo Wallet is compatible with all Ledger hardware devices so that users can add an additional layer of safety to their wallets.

Price Charts and Portfolio

Users can closely monitor and analyze their desired Algorand Standard Assets with their Pera Portfolio. Backed by Vestige.fi.

Guide to Get Started with Pera Algo Wallet 

This step-by-step procedure explains setting up a new Pera Algo Wallet on Pera Algo Wallet. Note: your address is a distinctive string that helps to identify your wallet publicly. You will use the address to transact or receive assets in your wallet. Let's begin: 

• First, you must head to the official Pera Algo Wallet website, or you can install its mobile app on your smartphone. 

• On the home screen, choose the I wish to generate a new account option to add a new account to your wallet.   

• Hit the Create New Account tab on the upcoming screen to move forward. 

• Now, you will see a few screens with information about the backup procedure. Go through this information carefully. 

• Then, read the account, set up an overview screen, and press the I Understand button. 

• Next, you will obtain your 25-word seed phrase. It's essential to record the backup phrase in the right order and keep it safe. This is the only method to retrieve your Pera Algo Wallet. Please don't share the phrase with anyone; they can control your wallet and funds.

• After this, you should validate the phrase by choosing some words in the phrase. 

• On the next page, you can easily give your wallet a name. 

• That's all; you can check the newly generated wallet on the Accounts view. If this is your first wallet, you will see a single account. Now you can add Alogs or other crypto assets and transact or receive assets to other wallet addresses.

Safety Measures of Pera Algo Wallet 

Pera Algo Wallet is a secure wallet for keeping, handling, and transacting crypto assets on the Algorand blockchain. The wallet provides maximum safety and simplicity. Following are a few of the security measures taken by the wallet. 

Open Source & Transparent

One of the key ideas of the safety policy of the wallet is the use of open-source software. You will get the wallet's source code on its GitHub repository, which is accessible for public scrutiny. This offers transparency and permits the community to inspect the code for potential errors or vulnerabilities. 

Ledger Support

The wallet is working with the Ledger team to provide an easy-to-use and safe account with the Ledger hardware wallet. Ledger offers the best way to protect the private keys. 

Encryption

The wallet utilizes NaCl secret box to encrypt the private key with the passwords for the users. NaCl is a trusted and audited encryption library used by leading cryptocurrency projects.

Frequently Asked Questions