Networks and wallets for ALGO to DAI
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 DAI)
Verify the DAI token contract on the payout chain. DAI targets the US dollar, but the market price can vary. Compare the actual amount received after fees.
Decide which network your wallet or app expects for DAI before comparing rates. Include any extra transfer or bridge needed to use the payout on another network.
How to convert ALGO to DAI
- Check that a live provider quotes your ALGO deposit network and the DAI payout network you need.
- Compare the amount of DAI 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 DAI payout in your receiving wallet.
How to compare ALGO to DAI rates
For a rough pre-fee estimate, multiply the ALGO amount by the rate expressed in DAI per ALGO. Then compare the actual DAI 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.