Algorand ALGO

Rank #28
$0.2444489
Market Cap
$1,740,754,343
Volume(24h)
$51,076,175
Circulating supply
7,121,136,747 ALGO
Price change(1h)
0.82807086%
Price change(24h)
1.22751328%

Buy Fees Wallets Interest History

Exchange Rank Pairs Price Volume Action
#5 ALGO/USDT $0.2425000 $2,134,311.9 Trade now
#9 ALGO/USDT $0.2445000 $6,007,533.3 Trade now
#1 ALGO/USDT $0.2422000 $42,705,446 Trade now
#22 ALGO/USDT $0.2422000 $9,477,739.5 Trade now
#3 ALGO/USD $0.3013000 $1,882,757.6 Trade now
#149 ALGO/USDT $0.2446080 $1,811,372.4 Trade now
#106 ALGO/USDT $0.2423000 $56,295,978
#169 ALGO/USD $0.2421800 $27,305,269
#47 ALGO/USDT $0.2443000 $15,318,244 Trade now
#54 ALGO/USDT $0.2443000 $7,772,180.7
#14 ALGO/USDT $0.3282000 $7,302,579.3
#79 ALGO/USDT $0.2423000 $5,752,859.3 Trade now
#2 ALGO/USD $0.2444000 $4,862,861
#31 ALGO/KRW $328 $4,263,491.5
#33 ALGO/USDT $0.2420000 $2,734,101.4 Trade now
#67 ALGO/USDT $0.2446000 $1,552,708.9
#88 ALGO/USDT $0.2441000 $1,431,703.3 Trade now
#66 ALGO/USDT $0.2440000 $1,244,964.4
#39 ALGO/USDT $0.2436000 $1,142,350.4 Trade now
#84 ALGO/USDT $0.2422630 $1,137,258.2 Trade now
#138 ALGO/USDT $0.2445000 $712,604.19

How to buy Algorand(ALGO)

1.Choose an Exchange

Algorand can’t be purchased through your bank or investing firm yet — though some organizations are working toward that possibility in the future. For now, you’ll have to go through a cryptocurrency trading platform to exchange your U.S. dollars (fiat currencies) for Algorand or other digital currencies.

There are 36 of Algorand exchange you can use to buy crypto online, but a few of the more popular ones are KuCoin, Bybit, Binance These exchanges are online platforms where you can buy and sell

cryptocurrencies. Available coins

Not all exchanges offer every single cryptocurrency out there.

Algorand are traded on our recommended exchanges

Exchange Rank Pairs Price Volume Action
#5 ALGO/USDT $0.2425000 $2,134,311.9 Trade now
#9 ALGO/USDT $0.2445000 $6,007,533.3 Trade now
#1 ALGO/USDT $0.2422000 $42,705,446 Trade now

Security

Cryptocurrency investments are not backed by a central institution like FDIC-insured bank accounts. If your account is compromised, or the platform where you keep your coins is hacked, you could be at risk of losing your investment.

If you plan to keep your crypto on your account with an exchange (rather than move it into your own crypto wallet), make sure you choose an exchange that uses offline, cold storage, and has strong protections against theft. Some exchanges also have independent insurance policies to help protect investors from potential hacking.

Fees

Exchange fees can vary greatly, and may be applied as a flat fee upfront or as a percentage of your trades. Fees can be based on price volatility, and many are charged per transaction.

While fees should definitely be a consideration, experts say you also get what you pay for, especially when sticking to the bigger, more established exchanges like KuCoin, Bybit, Binance. If an exchange has more protections, better security, or other important features to you, it may be worth slightly higher fees.

Some exchanges charge fees based on a spread, or margin on top of the market price. Others base fees on a flat rate or percentage of your total purchase, which can vary based on your location, payment method, and other factors.

Exchanges with more active trading features often use a fee model determined by market price fluctuations, known as maker-taker fees. If you buy at the current market price, you’ll be charged a (usually higher) “taker” fee. Or, you can set a price at which you want to buy, and wait for the market to reach that point. That’s known as a limit order, and incurs a “maker” fee.

Make sure you know what fees you’ll be charged — which you can find on the exchange’s website — before signing up. The fee structure should be clearly stated when you make your purchase, but it can help to factor in that cost beforehand so you don’t spend more than you expected.

Compare exchange fees

Exchange Maker fees Taker fees
0.1% 0.1%
0.08% 0.1%
0.06% 0.1%
0.02% 0.07%
0.05% 0.2%
0.06% 0.06%
0.1% 0.1%
0.15% 0.2%
0.2% 0.2%
0.04% 0.25%

2.Choose how you want to buy the Algorand(ALGO) asset.

A. Credit Card and Debit Card : Link your debit or credit card, fill in your purchase amount in the order form, verify the payment, and wait for the transaction to be completed

B. Bank Deposit :What are the pros of buying with a bank account?

The benefits of using a bank account are fees. Bank account is usually the cheapest deposit method for buying coins. Limits are also usually higher when using a bank account, assuming you have verified your account.

What are the cons of buying with a bank account?

The cons are speed. Bank transfers are slow in many countries, so bank transfer is often the slowest way to buy Algorand.

C. P2P Trading
D. Third Party Payment

3.Safe Storage

The best place to store your Algorand depends on what you intend to use them for. it may be best to keep them with the crypto exchange or broker where you do your trading, especially if you’re trading frequently or in the near term. Others may opt for a crypto wallet, A cryptocurrency wallet is a place to store digital currency. There are various types of cryptocurrency wallets available, and they all have different levels of security associated.

Two popular options for this latter group include hot wallets and cold wallets.

With a hot wallet, Algorand is stored by a trusted exchange or provider in the cloud and accessed through an app or computer browser on the internet. Any trading exchange you join will offer a free Algorand hot wallet where your purchases will automatically be stored. But many users prefer to transfer and store their Algorand with a third-party hot wallet provider, also typically free to download and use.

Cold wallet providers include: Trezor: This company offers small, key-size cold wallets ranging from about $60 to $220. Ledger Nano: Designed like a thumb drive, Ledger Nano has cold wallets ranging from about $60 to $120.

What information is needed to purchase Algorand?

When you open an account at a traditional brokerage or a crypto exchange, you’ll need to provide basic personal information. Of course, you’ll need to provide your name, but the firm will also require other data such as your Social Security number, your address, your phone number and your bank account number. You may also have to detail how much trading experience you have and how comfortable you are with trading, depending on the institution.

.What can you do with your Algorand?

Once converted from Algorand to a fiat currency, Algorand users can use their cash to purchase anything they want.

As far as using Algorand directly for payments, those options are much more limited.

Hold

A lot of customers hold onto their Algorand in the hope that its value goes up.

Spend

Use your Algorand to pay for travel, buy gift cards, eat at restaurants, and more. The number of places that accept Algorand is growing every day.

Sell

Selling crypto on KuCoin, Bybit, Binance is easy, and you can cash out your proceeds to your bank or PayPal account.

Transfer

Unlike sending money overseas, you can send Algorand to anyone in the world virtually instantly.

Convert

Want to own other crypto? Convert any portion of your Algorand balance to another crypto.

Give

Donate Algorand to people in need on websites such as

Algorand(ALGO) Historical Data(Past 7 days)

DATE

OPEN

HIGH

LOW

CLOSE

VOLUME

12-02-2022
$0.2482955
$0.2484858
$0.2399855
$0.2407488
$46,685,927
12-01-2022
$0.2405628
$0.2494132
$0.2397166
$0.2483000
$70,447,666
11-30-2022
$0.2359554
$0.2418149
$0.2348167
$0.2405551
$48,892,847
11-29-2022
$0.2404632
$0.2412853
$0.2278544
$0.2359661
$65,359,826
11-28-2022
$0.2405262
$0.2484280
$0.2398656
$0.2404661
$50,268,929
11-27-2022
$0.2435983
$0.2467441
$0.2384713
$0.2405369
$51,580,086
11-26-2022
$0.2420895
$0.2449999
$0.2347057
$0.2436005
$64,474,013

Algorand(ALGO) Historical Month

DATE

OPEN

HIGH

LOW

CLOSE

VOLUME

Day now
$0.2482955
$0.2484858
$0.2399855
$0.2407488
$46,685,927
15 days
$0.2812721
$0.2972506
$0.2655959
$0.2761677
$226,688,628
30 days
$0.3590661
$0.3689176
$0.3470075
$0.3600184
$148,882,729
45 days
$0.3226701
$0.3310603
$0.3186102
$0.3301138
$67,171,413
60 days
$0.3551246
$0.3715653
$0.3532611
$0.3542657
$145,674,980
75 days
$0.2973380
$0.3110084
$0.2973380
$0.3109287
$41,414,334

Algorand(ALGO) Historical Year

YEAR

%change

CLOSE

2021
-86.871%
$1.8618326201
2020
-0.690%
$0.2461472
2019
-6.183%
$0.2605604004