How to Buy Algorand (ALGO )
Make your investments work for you: Buy and sell Algorand and 40+ cryptocurrencies instantly.
How to buy ALGO
Just 3 easy steps to start investing in Algorand
Create your account
on Blocktrade
Sign up on the website, and verify your account with complete information.
Select a payment
method
Select whether you want to purchase ALGO with PayPal, Google Pay, etc.
Start buying
Algorand
Choose ALGO , select how much you want to buy, and make your first investment.
want to know more
Learn more about Algorand
WHY BLOCKTRADE
Your entry to the world of crypto
Buy Algorand
with Zero Fees
Buy, sell, and trade Algorand
on Blocktrade without any
trading fees
Wide range of cryptocurrencies
We offer a wide range of
cryptocurrencies. Buy Algorand and more than 40 cryptocurrencies instantly.
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in the EU
Blocktrade is registered as
VASP and is fully compliant
with AML 5.
Buy Algorand at your ease
Payment Methods to Buy Algorand
Other Methods of buying Algorand
Where can I buy Algorand
ATM
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Algorand or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
Direct Purchase
You can buy Algorand directly from another person over the web.
Exchanges
Crypto Exchanges are the safest places for buying Algorand. You can use Blocktrade as a cheap, secure, and global exchange to buy ALGO . You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase ALGO with a few clicks.
SUPPORTED COUNTRIES
Blocktrade is available in 100+ countries
How to sell Algorand
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit ALGO to your Blocktrade account
To sell Algorand on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Algorand address.
Start selling Algorand!
Once you deposited your Algorand in your Blocktrade deposit address, you’ll be able to sell your ALGO .
FAQ
Frequently asked questions
Yes, it is possible to buy and invest ALGO currency in smaller units. But you should note that any Algorand account must have a minimum balance of 0.1 ALGO in order to run a participation node.
There is no standard minimum amount you need to buy Algorand. This cryptocurrency is currently less than a dollar. Usually, your selected platform determines the amount you need to invest. You are allowed to start buying ALGO with the minimum amount of $10 through our exchange.
The cost of buying Algorand can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of ALGO , you can either log in to our website and see the real-time price or check our Algorand Calculator to see the price of Algorand in your desired currency.
You also need a cryptocurrency wallet to keep your Algorand coins safe and secure. Nowadays, there are two main categories of wallets: software wallets and hardware wallets. The majority of software wallets are web-based and keep your cryptocurrency assets on your computer or smartphone. They frequently consist of third-party non-custodial wallets or exchange-based wallets. Using our exchange’s safe wallet, you can trade your ALGO easier and quicker. You should note that hardware wallets are viewed as more secure options than software wallets. As they are gadgets that encrypt and hold your digital assets offline.
There are several options to buy ALGO such as cryptocurrency exchanges, Peer-to-peer marketplaces, Algorand brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Algorand for beginners. You can easily buy Algorand without any buying fees from our exchange.
Max ALGO supply is the 10 billion that was originally built. Even though the entire supply was mined at network launch, thus giving Algorand a constant supply, the supply will also increase as pre-made tokens are unlocked and distributed.
There is no right time to buy Algorand, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Algorand or any other cryptocurrency.
