how to delete Algorand account

How to Buy Algorand Right Now




In this article, we will show you how to buy Algorand easily. By the end of this article you would learn how to buy ALGO with USD, BTC or ETH. Keep reading.


Table of Contents:

  1. What is Algorand? Our review
  2. Current prices
  3. Where to buy ALGO
  4. How to safely store ALGO
  5. Frequently asked questions



Current Algorand Price Stats

ALGO Price $1.4970 USD
Price Change24h $0.0130 USD (0.88%)
24h Low / 24h High $1.4180 / $1.5560 USD
Trading Volume24h $32,746,828 USD
MarketCap $7,950,618,112 USD

What is Algorand? A Review

The Algorand platform is the first public, a permissionless pure proof-of-stake blockchain protocol that solves the “blockchain trilemma” of achieving scalability, security, and true decentralization all at once. Performance on the Algorand platform exceeds 1000 transactions per second (TPS) with a latency of fewer than 5 seconds, putting it on par with the throughput of major global payment networks without compromising security or decentralization.

how to buy Algorand

Where and How to Buy Algorand (ALGO) Coin


There are 3 steps to purchasing Algorand. They are:

  1. Buy Bitcoin: Buying Bitcoin in 2021 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal. Luckily, some exchanges allows you to purchase ALGO directly with USD. They are: Kraken, Bitfinex, BitTrex, OKCoin, binanceusa, blockchaincom, .
  2. Move the Bitcoin to an Exchange that supports ALGO: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the ALGO/BTC trading pairs.
    At the moment, ALGO is currently available for purchase with Bitcoin at Kraken, HuobiPro, OKEX, HitBTC, huobikorea, Kucoin, bhex, Coinbase, Kraken, Bitfinex, Binance, BitTrex, HuobiPro, OKEX, bequant, Exmo, Upbit, blockchaincom, BitMart, HitBTC, huobikorea, bitmax, Kucoin, CoinEx, bhex, .
  3. Buy Algorand on the Exchange: Now, you can buy Algorand with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different ALGO pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.


USD Exchanges

Exchange Trade Pair Volume Exchange Grade
Kraken ALGO/USD $3,087,504 USD AA
Bitfinex ALGO/USD $760,140 USD A
BitTrex ALGO/USD $650,814 USD A
OKCoin ALGO/USD $31,804 USD A
binanceusa ALGO/USD $7,864,500 USD BB
blockchaincom ALGO/USD $584,624 USD BB


Bitcoin Exchanges

Exchange Trade Pair Volume Exchange Grade
Coinbase ALGO/BTC 77.9708 BTC AA
Kraken ALGO/BTC 14.9828 BTC AA
Bitfinex ALGO/BTC 1.8151 BTC A
Binance ALGO/BTC 311.7272 BTC A
BitTrex ALGO/BTC 8.8914 BTC A
HuobiPro ALGO/BTC 32.6978 BTC A
OKEX ALGO/BTC 178.4063 BTC BB
bequant ALGO/BTC 4.5733 BTC BB
Exmo ALGO/BTC 2.5991 BTC BB
Upbit ALGO/BTC 4.2676 BTC BB
blockchaincom ALGO/BTC 0.0531 BTC BB
BitMart ALGO/BTC 2.4361 BTC BB
HitBTC ALGO/BTC 4.5732 BTC B
huobikorea ALGO/BTC 20.6355 BTC B
bitmax ALGO/BTC 30.9850 BTC B
Kucoin ALGO/BTC 8.0882 BTC B
CoinEx ALGO/BTC 3.4607 BTC C
bhex ALGO/BTC 117.0953 BTC -


Eth Exchanges

Exchange Trade Pair Volume Exchange Grade
Kraken ALGO/ETH 210.4563 ETH AA
HuobiPro ALGO/ETH 234.5254 ETH A
OKEX ALGO/ETH 323.9729 ETH BB
HitBTC ALGO/ETH 76.1657 ETH B
huobikorea ALGO/ETH 157.2877 ETH B
Kucoin ALGO/ETH 26.0739 ETH B
bhex ALGO/ETH 977.8824 ETH -


How to Safely Store Algorand Crypto


Once you buy Algorand, the next question you'd have is "where do I store my Algorands?". It is quiet easy to store your Algorand tokens after purchase. In fact there are two easy methods of doing so:

  1. Cold storage: There is a saying in crypto that the only tokens you own are those on your hard drive. This is very true as lots of things could happen to coins stored on exchanges - e.g hacks. For this reason, cold storage is usually a good option.
    Hardware wallet options like - The Ledger Nano S or Ledger Nano X and SecuX V20 could be a good place to store Algorand. If Algorand is an Ethereum based ERC-20 token, you can also store it in any ERC-20 compatible wallet such as MyEtherWallet (MEW) or MyCrypto.
  2. Exchanges: Storing on Exchanges might be a good option if you don't plan on hodling Algorand for the long-term and need to quickly trade it and make some gains. However, be careful as a downside of storing on exchanges is the susceptibility of exchanges to hacks.

Reported Issues



Frequently Asked Questions

Question Answer
Where can I buy ALGO with Dollars (USD)? You can buy Algorand (ALGO) with U.S Dollars on Kraken, Bitfinex, BitTrex, OKCoin, binanceusa, blockchaincom, .
Where can I purchase ALGO with my Bitcoin (BTC)? As of today, you can buy Algorand with Bitcoin on any of the following exchanges: Coinbase, Kraken, Bitfinex, Binance, BitTrex, HuobiPro, OKEX, bequant, Exmo, Upbit, blockchaincom, BitMart, HitBTC, huobikorea, bitmax, Kucoin, CoinEx, bhex, .
I have Ethereum. Where can I buy ALGO with ETH? Algorand is available for purchase using ETH on these Crypto exchanges: Kraken, HuobiPro, OKEX, HitBTC, huobikorea, Kucoin, bhex, .
How much is Algorand? Right now, the price of ALGO is $1.4970.
Is Algorand Crypto a good Investment in 2021? Our analysis shows a possible all time high of $2.7567. So yes. ALGO is a good investment.



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