Networks and wallets for COMP to ALGO
Ethereum mainnet (ERC-20 COMP)
Confirm the wallet holds transferable COMP. Compound v2 receipt tokens such as cETH or cDAI represent supplied assets, and unclaimed COMP rewards may need a separate claim before sending.
Algorand mainnet (native ALGO)
Use an Algorand mainnet address for native ALGO. For a new self-custody address, check the minimum amount needed to fund the account before comparing the payout with your quote.
Check COMP deposit and ALGO payout availability separately. The live service needs to accept your source network and offer the destination network that your ALGO wallet expects.
How to convert COMP to ALGO
- Check that a live provider quotes your COMP deposit network and the ALGO payout network you need.
- Compare the amount of ALGO 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 COMP transaction reference, then verify the ALGO payout in your receiving wallet.
How to compare COMP to ALGO rates
For a rough pre-fee estimate, multiply the COMP amount by the rate expressed in ALGO per COMP. Then compare the actual ALGO payout for the same COMP 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.