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Receive Algorand

 

Receiving Algorand (ALGO) from an external address to your Rain account can be done via a QR code or by using your Rain account Algorand address. 

 

NOTE: Please ensure to transfer your ALGO through the ALGO network only.

 

Requirements: 

  1. Rain account. You will need a Rain account to receive ALGO.
  2. Rain ALGO address. You will need your Rain ALGO address in order to receive ALGO.

If you want to receive Algorand using the Rain app,See below for a step by step guide.

 

Steps (Rain website): 

  1. Log in to your Rain account. 
  2. Click on Portfolio.
  3. Click on Receive. 

There are two ways to receive Algorand in your Rain account, either using your Algorand Address or a QR code.

Method 1: Using the QR code 

  1. Open your external ALGO wallet containing the funds you want to transfer.
  2. Click on the QR code icon in the wallet application.
  3. Hold the device camera over the Rain QR code. 

Method 2: Using your Algorand address

  1. Copy your Rain ALGO address under "Receive to".
  2. Open your external ALGO wallet containing the funds you want to transfer.
  3. Paste the address into your external ALGO wallet.

NOTE: Algorand transfers take 10 minutes to 1 hour to arrive. 

  

Steps (Rain mobile app):

  1. Open the Rain app on your phone. For more information about the Rain app click here.
  2. Visit the market or portfolio page and select Algorand
  3. Tap Trade and select Receive

There are two ways to receive Algorand in your Rain account, either using your Algorand Address or a QR code.

Method 1: Using the QR code 

  1. Hold the device camera over the Rain QR code. 

Method 2: Using your Algorand address

  1. Copy your Rain ALGO address in the field under "Share your address". 
  2. Open your external ALGO wallet containing the funds you want to transfer.
  3. Paste the address into your ALGO wallet containing the funds you want to transfer.

NOTE: Algorand transfers take 10 minutes to 1 hour to arrive. 

 

About Rain

Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.

 

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