Welcome to the Algorand Ecosystem
Algorand is a fast, low-cost, and energy-efficient blockchain designed for both everyday users and sophisticated developers. At the heart of the user experience sits Pera Wallet — the leading non-custodial wallet for the Algorand network. Whether you're a crypto newcomer or migrating from another blockchain, this guide will get you up and running in minutes.
What You'll Need Before You Start
- A smartphone (iOS or Android) or desktop browser
- A secure internet connection
- A small amount of fiat currency to purchase your first ALGO (optional but recommended)
- A safe place to store your seed phrase — more on this below
Step 1: Download Pera Wallet
Pera Wallet is available on both the Apple App Store and Google Play Store. Simply search for "Pera Wallet" and install the official app. Always verify the developer name to avoid counterfeit apps — the official app is published by Pera Technology.
A web-based version is also available at app.perawallet.app for desktop users who prefer a browser interface.
Step 2: Create a New Wallet
- Open Pera Wallet and tap "Create a new account".
- You will be presented with a 25-word recovery (seed) phrase. This phrase is the master key to your wallet.
- Write it down by hand on paper — never screenshot it or store it digitally.
- Confirm your seed phrase by selecting the words in the correct order when prompted.
- Set a PIN or enable biometric authentication for day-to-day access.
Why Your Seed Phrase Matters
Your seed phrase is the only way to recover your wallet if you lose your device. Anyone who has it can access your funds. Store it in a secure, offline location — ideally in two separate physical places.
Step 3: Fund Your Wallet with ALGO
To interact with the Algorand network — sending tokens, using dApps, or holding assets — you need a small amount of ALGO. Your wallet address is shown on the main screen. You can acquire ALGO by:
- Purchasing on a centralized exchange (Coinbase, Kraken, Binance) and withdrawing to your Pera address
- Using an on-ramp service integrated directly within Pera Wallet
- Receiving ALGO from another wallet or friend
Note: Algorand requires a minimum balance of 0.1 ALGO to activate an account. This is a network requirement, not a fee.
Step 4: Explore Your First Transaction
Once funded, you're ready to explore. Try sending a small amount of ALGO to a friend or to a second address you control. Algorand transactions typically confirm in under 4 seconds with fees of just 0.001 ALGO — making it one of the most efficient blockchains available.
What's Next?
With your wallet set up, you can begin exploring the broader Pera ecosystem: discover Algorand Standard Assets (ASAs), connect to decentralized applications (dApps), or dive into DeFi protocols like Tinyman and Folks Finance. The guides on Pera One will walk you through each of these steps in detail.