How & Where to Buy Algorand A Step-by-Step Guide to Buying ALGO
- Sign up at Binance.US, the #1 rated ALGO exchange.
- Fund your account with cash or crypto.
- Buy ALGO
- STEP 1Find the Best ALGO Exchange
- Ease of useEasyTime to 1st Buy24 hrs24h Volume$27,986,487Coins58
Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.
- Ease of useEasyTime to 1st Buy2 hrs24h Volume$Coins59
No platform has been able to attract first-time cryptocurrency investors quite like Coinbase. Each quarter, millions of new users sign up and take advantage of the simplest and smoothest customer purchasing journey in the market. Coinbase also aims to educate beginners, paying them in crypto to learn about different projects.
- Ease of useVery EasyTime to 1st Buy24h Volume$-1Coins54
Coinbase’s advanced cryptocurrency trading platform, fitted with lower fees and far more functionality. Formerly the highly popular GDAX, Coinbase Pro was purchased and rebranded with great success, now boasting the world’s third-highest daily trading volume and average liquidity. Highly secure with zero hacks. Accounts can be connected to Coinbase to access wallet holdings.
- Ease of useVery EasyTime to 1st Buy24h Volume$189,010,906Coins66
A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it to become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. Debit and credit card purchases are permitted with comparably low fees. Well-suited to beginners and those who want to buy and hold coins long-term.
- Ease of useAverageTime to 1st Buy2 hrs24h Volume$1,042,022,137Coins315
China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.
Go to Binance.US and 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 Rank19
- Market Cap11,189,405,519
- Circulating Supply6,146,339,406
- Total Supply6,614,682,705 ALGO
- Max Supply10,000,000,000
- 24 HR Volume341,311,885 USD
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Algorand is a cryptocurrency that is identified by the symbol ALGO.