Where to buy Algorand cryptocurrency
The Algo coin is widespread among the exchanges. It is listed on 59 trading platforms with twenty-one pairs. All the details about, including fees, instructions and price prediction is located above.
Where to buy Algorand
Step 1You need an account with a cryptocurrency exchange that supports Algo. All of them listed on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
FMFW.io | 0.5 / 0.5 | MEDIUM | Yes | $51294 |
|
HitBTC | 0.1 / 0.25 | MEDIUM | Yes | $58932 |
|
WOO Network | ?? / ?? | HIGH | Yes | $7764 |
|
Binance | 0.1 / 0.1 | HIGH | Yes | $514154 |
|
Coinbase Exchange | 0.5 / 0.5 | HIGH | Yes | $34667 |
|
Digifinex | 0.2 / 0.2 | MEDIUM | Yes | $45856 |
|
EXMO | ?? / ?? | HIGH | Yes | $2326 |
|
MEXC Global | 0.2 / 0.2 | HIGH | Yes | $25892 |
|
Bitrue | 0.2 / 0.2 | HIGH | Yes | $56893 |
|
Kraken | 0.16 / 0.26 | HIGH | Yes | $8116 |
|
FTX | 0.02 / 0.07 | HIGH | Yes | $46470 |
Buy or transfer with peer-to-peer trading one of this coins: KCS, USD, IDR, USDC, FDUSD or other.
Step 3Open spot on exchange and type the coin name in search box. Choose between available trading pairs, then set order and push Buy ALGO button.
Congratulations!
After you press buy, the Algo will be transferred to your account on the exchange. Be aware that just transferring your coins off cryptocurrency exchange to offline hardware wallet like Trezor One or Ledger Nano S Plus, you can improve protection of your finances. Not only does this lower your risk if your exchange gets cracked, but if you move to secure hardware wallet, your Algorand cryptocurrency turn into secure assets. Only flaw is generally have to pay a small withdrawal fee to move your crypto from the exchange.
What is Algorand
Algorand is a scalable, secure and decentralized digital currency and transactions platform.
Video Review
What is Algorand? ALGO Explained with Animations
Statistics and Externals
Term of hash algorithm not applicable to Algorand crypto.
Price and supply
The current total supply is 8201340498.2197, with a circulating supply of 8.3 billions ALGO as of Dec 2024. The max supply in the lifetime of the Algorand is 10000000000.
The price of Algorand crypto is $0.347205525387 as of 09:43 PM. The price went up on 1.0605% over the past 24 hours. The recent price action left the token's market capitalization at 1 billion united states dollars. So far previous 30 days, the Algorand went up on 1.39%.
FAQ
What crypto exchange can I buy Algorand cryptocurrency?
Algorand token can be bought from 59 exchanges. And these are some of them: BigONE, BitMart, CoinW, Bitfinex and Kanga.
Is Algo token a good investment?
The Algorand crypto is medium risks asset that can lost value. Because of high volatility of all crypto industry you need to always remember: unexpected changes in market can lead to sharp and sudden moves in price, you can lose all of your invested funds and learn the risks before you start trading. The other side of that investing in cryptocurrencies is potentially extremely profitable.
Comments
About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
Follow on Twitter