Home / Switzerland / Buy Algorand (ALGO) in Switzerland
Buy
Algorand
in Switzerland
Trusted by Algorand buyers, you can buy and trade Algorand in Switzerland and 100+ countries on Blocktrade without any fees easily.

WHY BLOCKTRADE
Your entry to the world of crypto
Buy Algorand with Zero Fees
Buy and trade
Algorand in Switzerland
with Blocktrade without
any trading fees
Wide range of cryptocurrencies
We offer a wide range
of cryptocurrencies
to buy in Switzerland. Number increasing
as we’re adding new coins and tokens regularly.
Regulated
in the EU
Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..
Learn More about buying ALGO in Switzerland
How to buy Algorand in Switzerland
Buy Algorand at your ease
Payment methods to buy Algorand in Switzerland
Credit Card
Debit Card

Bank Transfer
Credit Card
Debit Card

Bank Transfer
PayPal
Google Pay
Apple Pay
PayPal
Google Pay
Apple Pay
GET STARTED
Just 3 easy steps to your first investment in Algorand
Sign up and verify
your account
Make your first
deposit
Start your
investment journey
MANAGE YOUR PORTFOLIO
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FAQ
Frequently asked questions
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.
According to the deadline settlement document of Swiss Federal Tax Service (SFTA), the tax year in Switzerland runs from January 1 to December 31 each year. Crypto holders are taxed depending on the rates published by the FTA by the end of the fiscal year (31 December). Your crypto taxes should be reported in your annual tax return where you also report ordinary income from employment.
According to the tax legislation by SFTA, income from cryptocurrency mining and staking is declared as taxable income for tax purposes. Mining considerations can qualify either as employment income or as income from self-employment.
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.
There are two factors that affect the cost of cryptocurrency purchase. The price of the cryptocurrency itself and the exchange commission. Our exchange is practically one of the cheapest means to buy crypto since it does not charge any exchange fee.
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.