Networks and wallets for ALGO to COMP
Algorand mainnet (native ALGO)
Check the spendable ALGO balance after fees and the account’s minimum balance. Holding Algorand Standard Assets or using applications can raise the minimum amount the account must retain.
Ethereum mainnet (ERC-20 COMP)
Check the COMP balance in your Ethereum account after payout. Receiving COMP transfers the governance token without opening a lending position.
Check ALGO deposit and COMP payout availability separately. The live service needs to accept your source network and offer the destination network that your COMP wallet expects.
How to convert ALGO to COMP
- Check that a live provider quotes your ALGO deposit network and the COMP payout network you need.
- Compare the amount of COMP you would receive after fees, then confirm the receiving address and any memo or tag required for your payout.
- If you go ahead, follow the live order’s deposit instructions. Keep the order ID and the ALGO transaction reference, then verify the COMP payout in your receiving wallet.
How to compare ALGO to COMP rates
For a rough pre-fee estimate, multiply the ALGO amount by the rate expressed in COMP per ALGO. Then compare the actual COMP payout for the same ALGO amount and network. Check whether the withdrawal fee comes out of what you send or is charged separately.
Orbit uses a $100 minimum. The estimate on this page uses reference market prices before fees. An executable quote, including any additional route limits, comes from a live settlement provider.