How to swap Algorand ALGO to other cryptocurrencies on Nairafinex
You have Algorand (ALGO) which you wish to swap or change to other cryptocurrency or cross-chain swap but you do not know how to go about doing that, here is a
tutorial on How to swap Algorand ALGO on Nairafinex.
Register on Nairafinex.com or login if already registered. As a logged in user, navigate to the homepage
Scroll among all the coins listed until you find Algorand with the symbol ALGO
Click on it to expand it, and you will find other options such as BUY, SELL, SWAP and Calculator.
Click on SWAP ALGO. This takes you to a page where you need to fill out a small form as follows
Select the appropriate network your ALGO currently exist on such as Algorand (ALGO) or as the case may be.
Enter the exact volume of Algorand you wish to swap (excluding any fees your wallet may charge you).
A list of coins/tokens you can swap your Algorand to is shown. You need to click on one of it. If you are aiming for a cross-chain swap of Algorand from one blockchain to another, click Algorand among the list.
You now need to select the network for the coin you wish to swap your Algorand to and enter the wallet address and tag/memo where needed
Read the estimated amount shown to you and then Click on the ACCEPT button.
You are shown a page with detailed instructions on how to send the required amount of Algorand to a given wallet address. Please ensure you are sending using the correct network wallet address. In some cases, some wallets may require optional memo or tag, please also enter that when given.
Go to your wallet, send the required value to the given wallet address and screenshot the receipt given to you
Return to your order on Nairafinex and scroll down to upload receipt. If you cannot find your order or have left the page, simply click on the profile icon, Dashboard and locate all your pending orders.
Once the Algorand you sent gets the required number of network confirmations, you will receive your coin in the submitted wallet. Note that in curcumstances where there is delay in receiving your Algorand with the required confirmation, the prevalent rate will be used when processing your swap.
If you have any issues after making payment or need help figuring out the network to select, chat CryptoBoss on Whatsapp. To make your question easier, send a screenshot of the wallet you are using, showing the funds you wish to withdraw and the funds you wish to receive, and help will come your way in less than 30min.
If you make a mistake while sending your Algorand, and send a different volume, chat CryptoBoss immediately to rectify the issue for you.