Frequently asked questions.

Windows 10 or later, macOS 11 (Big Sur) or later, and modern 64-bit Linux distributions (Ubuntu 20.04+, Fedora 35+, Debian 11+). On macOS, the Universal binary supports both Apple Silicon and Intel. Mobile (iOS and Android) is in development with no announced release date.

Partially. Cryptographic primitives, transaction signing logic, and the security-critical components are published. Some application-layer code remains proprietary. For users who weight open source heavily, the comparison page covers this dimension across all evaluated Algorand wallets.

Yes, the desktop application is free to download and use. There are no subscription fees, premium tiers, or paywalls. The only costs you'll encounter are standard Algorand network fees (currently 0.001 ALGO per transaction) and any fees from third-party services (DEXs, liquid staking pools, exchanges) that are entirely separate from MyAlgo.

There is no MyAlgo login. MyAlgo is a self-custodial desktop application — there is no account, no username, and no central server to log in to. The original web wallet at wallet.myalgo.com shut down on January 30, 2024 and is no longer reachable. To use MyAlgo today, download the desktop application from myalgowallet.org and unlock your local wallet with the password you set during setup. If you encounter any site asking you to log in to MyAlgo, treat it as a phishing attempt.

It is offline. The original MyAlgo web wallet at wallet.myalgo.com formally ended service on January 30, 2024 following the 2023 security incident affecting the web wallet's runtime. There is no replacement web login. The current MyAlgo product is a native desktop application downloaded from myalgowallet.org/download. If you have a seed phrase from the original wallet, see the migration guide for safe recovery, including the rekey path recommended for any seed previously hot-stored on the web wallet.

On your device, in your operating system's standard wallet-data directory, encrypted with your password using PBKDF2 + AES-256-GCM. Keys are never transmitted to MyAlgo servers — there are no MyAlgo servers that hold seed material. This is the core property of self-custodial wallets.

Binaries are signed by the publisher. On Windows, right-click the .exe and check Properties → Digital Signatures to confirm the signing authority. On macOS, the .dmg is verified by Gatekeeper on first launch. Only download from myalgowallet.org — anyone offering MyAlgo from another domain is not affiliated.

Your funds remain on the Algorand blockchain. The wallet is the interface, not the storage. As long as you have your seed phrase (or a rekeyed signing key you control), you can import to any other Algorand wallet — Pera, Defly, Lute, hardware wallets — and access your funds. This is true of any self-custodial wallet.

Email security@myalgowallet.org with a clear description, reproduction steps, and the affected version. Please use responsible disclosure (notify us before going public) so users can take protective action before details are widely known. Researchers are credited (with permission) in security advisories.

Windows 10 or later, macOS 11+, modern 64-bit Linux. Disk space requirements are minimal (under 200 MB). The wallet does not run a full node — it connects to Algorand network endpoints. RAM and CPU requirements are modest.

No. MyAlgo is self-custodial. You generate a new wallet (and its seed phrase) directly in the application. No registration, no email, no server account. The first time you open MyAlgo, you choose between creating a new wallet (generates a fresh seed) and importing an existing one (paste your existing seed phrase).

Mobile MyAlgo for iOS and Android is in development. No release date is set. The desktop application provides the full feature set today. To be notified when mobile is available, see the mobile page (a notification mechanism may be available there).

Yes. MyAlgo is a free application — install on as many devices as you want. Each device's MyAlgo installation is independent; you can import the same seed phrase on multiple devices to access the same accounts, or create separate wallets on each.

Download the installer for your operating system and run it. Open MyAlgo and choose Create new wallet. Set a strong password — this encrypts your wallet on your device and is required to unlock it on each launch. MyAlgo will display a 25-word recovery seed phrase; write it down on paper, store it offline in a secure location, and confirm it back to MyAlgo on the next screen. After confirmation, your account address is generated locally and you are ready to receive ALGO. The password is not recoverable; lose it and you must restore from the seed phrase.

Open MyAlgo and unlock with your password. Select the account holding the ALGO you want to send. Click Send and paste the destination 58-character Algorand address. Verify the first and last few characters match what you expect — clipboard malware can replace addresses silently. Choose ALGO (or any Algorand Standard Asset the destination has opted in to). Confirm the transaction fee, currently 0.001 ALGO. Review the full transaction summary and approve. If signing with a Ledger hardware wallet, confirm on-device. The signed transaction is broadcast to the Algorand network and typically settles within four seconds.

MyAlgo supports WalletConnect v2. On the dApp (Folks Finance, Tinyman, Pact, and others), choose Connect Wallet and select WalletConnect or MyAlgo. The dApp produces a pairing URI or QR code. In MyAlgo, open Connections and paste the URI (or scan the QR code), review the requested permissions and account, and approve. Once paired, the dApp can request transaction signatures, which always require explicit approval in MyAlgo. Active sessions are listed in the wallet UI and can be revoked at any time.

Yes, if you have your seed phrase. Import the seed into the current MyAlgo desktop application or any other Algorand wallet. Your accounts and ASA opt-ins are stored on the Algorand blockchain against your address; any wallet with the seed (or a rekeyed signing key) sees the full account state. Caution: if your seed was hot-stored on the original web wallet between 2019 and January 2024, follow the rekey path in the migration & recovery guide instead of straight import.

The current MyAlgo Wallet is a native desktop application that addresses the architectural limitations of the original web wallet. For the full historical timeline and context, see what happened to MyAlgo.

If your seed has never been hot-stored on the original web wallet: import the same seed into Pera or Defly. Account state and ASAs follow automatically. If your seed was hot-stored on the original web wallet: rekey first, then operate from the new (rekeyed) signing key. The migration & recovery guide walks through both paths.

Yes. Rekey is an Algorand protocol feature — you can change the signing key for an account while keeping the public address. MyAlgo Wallet supports rekey natively. The transaction-builder UI exposes the rekey field. The migration & recovery guide explains the steps and safety considerations.

If you lose your seed phrase and don't have an active session in the application, your account becomes inaccessible. Self-custodial wallets, by design, have no central reset. Self-custody trades convenience for control: you have full control of your funds, but you also have full responsibility for backing up the seed. Back up offline (paper or steel) before you need it.

No. The seed phrase is the only mechanism that grants control. Anyone offering wallet recovery services for self-custodial wallets in exchange for payment or your seed phrase is a scam. The Algorand Foundation, MyAlgo Wallet, and any legitimate Algorand wallet project will not perform recovery on your behalf.

Yes. Algorand is an active layer-1 blockchain with ongoing development, a substantial dApp ecosystem (Tinyman, Folks Finance, HumbleSwap, Lofty, and others), and notable 2025-2026 protocol developments including Falcon post-quantum signatures (live November 2025) and the staking transition (Q1 2025). The token (ALGO) trades on major exchanges. Network metrics and ecosystem activity are tracked at allo.info.

An ASA (Algorand Standard Asset) is a token issued on the Algorand blockchain. ASAs include both fungible tokens (stablecoins like USDC, project tokens like DEFLY) and non-fungible tokens (NFTs). MyAlgo Wallet supports holding, sending, receiving, and opting in to all ASAs. Background and the ARC standards (ARC-69, ARC-200, ARC-19) are covered on the ASA and NFT support page.

Send a 0-amount transaction of that ASA to your own address. This signals to the network that your account holds the asset. Until you opt in, the ASA cannot be sent to your address. MyAlgo handles this with a single click in the asset opt-in dialog. Opt-in costs the standard 0.001 ALGO network fee plus a small minimum-balance increase (0.1 ALGO per asset).

Yes — through liquid staking pools. The 30,000 ALGO minimum is for running a native staking node. Liquid pools (Folks Finance xALGO and others) accept any amount and aggregate participants' stake into pools that meet node operator requirements. The Algorand staking guide covers both paths and includes a calculator.

Native staking APY varies with network conditions, typically 4-10% as of 2026. Liquid pool APY is generally lower (4-6%) because of pool operator fees. The Algorand staking guide includes a calculator that provides current estimates based on user inputs.

Algorand added Falcon post-quantum signatures to mainnet in November 2025. Falcon is one of NIST's selected post-quantum signature schemes. Algorand accounts can be created using Falcon signing, providing quantum resistance for new accounts. Existing Ed25519-signed accounts remain on the previous (non-quantum-resistant) signature scheme until migrated. Background on the about Algorand page.

Yes. MyAlgo connects to Ledger Nano S Plus and Ledger Nano X. Older Ledger Nano S devices may have memory constraints with the Algorand app. Setup walkthrough and troubleshooting on the Ledger setup page.

Trezor support depends on Trezor's Algorand app availability and changes with firmware updates. Ledger Nano integration is the primary supported path for hardware-secured Algorand storage with MyAlgo; check Trezor's official Algorand integration page for the current state on its devices.

A few common causes: (1) Network connectivity — confirm your computer can reach the internet; the wallet connects to public Algorand network endpoints. (2) Outdated version — check that you're on the current release and update if not. (3) Endpoint issues — the wallet's default endpoints may be temporarily unavailable; the wallet supports custom endpoint configuration. (4) Firewall — corporate firewalls may block the wallet's network traffic; whitelist algonode.io and other Algorand RPC endpoints. If the issue persists, report at security@myalgowallet.org for security-related issues, or report a bug.

This FAQ covers the common cases. For deeper technical issues, the r/AlgorandOfficial subreddit and forum.algorand.org have active community support. For security concerns or bug reports specific to MyAlgo, email security@myalgowallet.org. We do not provide live chat or phone support — community channels and email are the support channels.