How & Where to Buy Algorand A Step-by-Step Guide to Buying ALGO
Congratulations! You can buy Algorand directly with cash at Binance.US.
- Sign up at our one of our top-ranked Algorand exchanges.
- Fund your new account with cash or crypto.
- Buy ALGO
Read on for detailed instructions below on where and how to buy Algorand and you will be a ALGO owner in no time at all.
- STEP 1Register at a ALGO Exchange
Best Algorand (ALGO) Exchanges
- Ease of useEasyTime to 1st Buy24 hrs24h Volume$27,986,487Coins54
Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.
After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.
This is completely normal and all exchanges we list on this page have security in place to protect your personal info.
- STEP 2Fund Your Account
It is now time to add funds to your newly created exchange account. This will allow you to purchase Algorand ALGO quickly.
Upon signing up at the exchange, you should be shown easy to follow instructions to buy ALGO with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for ALGO.
Frequently Asked Questions About Buying & Selling Algorand (ALGO)
How do I Buy ALGO with Crypto?
If you want to buy ALGO with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Binance.US and send your crypto to your account.
You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Binance.US.
You will then copy that address and paste it into the wallet holding your cryptocurrency and send.
Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.
How do I sell Algorand (ALGO)?
To sell ALGO, simply reverse the buying process described above. You will likely need to trade your ALGO into a USD coin like USDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.
Algorand Research Center
Algorand Technical Details & Statistics
- Market Rank40
- Market Cap2,691,834,079
- Circulating Supply3,169,431,676
- Total Supply5,621,791,875 ALGO
- Max Supply10,000,000,000
- 24 HR Volume79,439,870 USD
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Algorand is a cryptocurrency that is identified by the symbol ALGO.