Algorand
$0.93961 -0.86%
ALGO · 3w

Storing Algos

Greetings, Presently, I purchase my Algos on Coinbase and send them to my Algorand Wallet ("A.W.") I have some other cryptos and plan to purchase a Ledger hardware wallet and I see that Algos and the A.W. are supported. What is the nature of their compatibility – can I interact with A.W. with Ledger by proxy? (At sign-up I noticed an option for a new A.W. or one paired with a Ledger) What are the pros/cons of storing on Algorand's wallet versus Ledger? Will I still receive the APY? Thanking you in advance.
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