Buy Algorand
with Bank Transfer

Bank Transfer

WHY BLOCKTRADE

Your entry to the world of crypto

Buy Algorand
with Zero Fees

Buy and trade Algorand with
Bank Transfer on Blocktrade
without any trading fees

Wide range of cryptocurrencies

We offer a wide range of cryptocurrencies to buy
with Bank Transfer.

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in the EU

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VASP and is fully compliant
with AML 5.

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How to buy Algorand with Bank Transfer

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Other payment methods to buy ALGO

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Just 3 easy steps to start investing in Algorand

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FAQ

Frequently asked questions

Is Algorand worth buying?

The Algorand blockchain network has benefited from global compatibility since its launch in 2019. Due to its instant transaction finalization and high TPS rate, the project has attracted the attention of governments, investors, industries and other major stakeholders in digital currencies. You can't really deny the team's background in technology and their expertise. This project is much closer than other projects in solving the triple problems of blockchain, i.e., scalability, security and decentralization. With the launch of the Algorand 2.0 network and its three key features: Algorand Standard Assets, Algorand Atomic Transfer, and Smart Contracts, there is more potential for locking value in the network.

What are the advantages of using SEPA/bank transfer?

Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.

Who are the founders of Algorand ?

ALGO digital currency was created in 2019 by MIT professor Silvio Micali to solve three basic problems in cryptocurrencies, i.e., decentralization, security and scalability. Of course, the research and development of this currency has been ongoing since 2017. The Algorand whitepaper written by Mikali mentions Algorand not only as a cryptocurrency but also as a platform for smart contracts.

Does SEPA/bank transfer have fees and charges?

There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.

Is Algorand's supply limited?

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.

What areas support SEPA/bank transfer for crypto purchases?

SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.

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