Algorand (ALGO)
Currently, the ALGO price is $0.1181. According to the Algorand price chart, the 24-hour change is -1.95%. The total market capitalization of Algorand is $1,181,057,538 with 10,000,000,000 ALGO in circulation. In the previous 24 hours, the Algorand price hit highs of $0.1209 and lows of $0.1177.
ALGO Live Price Chart
ALGO to USD Exchange Rates
Algorand Wallets
Don’t have a wallet yet?If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live Algorand price as well as other cryptocurrencies. Either way, you will be able to exchange Algorand at the best rates with ChangeHero in these wallets.
Buy Algorand
Now it's easier than ever to buy Algorand! On ChangeHero you can buy Algorand with credit card and we also accept payments with a debit card. You can buy ALGO with USD, EUR, and many other fiat currencies in a few simple steps. All you have to do is simply complete a verification procedure and you are good to go.
Sell Algorand
Looking to cash out? We got you covered: you can sell Algorand for cash in a matter of minutes on ChangeHero. You can sell ALGO for USD or EUR without any complicated procedures. Go through a one-time verification procedure and your cash will be delivered to your bank account almost instantly.
Algorand Exchange
On ChangeHero, you can either exchange ALGO to another crypto or swap another cryptocurrency to get Algorand. For your Algorand exchange, we offer two types of rates. In the Float Rate Algorand exchange, you will be given the best rate available in the market, please note that the final amount of crypto you receive may vary slightly from the estimate we provided for your ALGO exchange. In the Fixed Rate Algorand exchange, we fix a good rate for 15 min, it’s the best way to avoid volatility during the Algorand exchange. ChangeHero provides the best Algorand exchange rate for all the transactions.
How to exchange Algorand
Enter the amount and provide your address
Choose the ALGO pair you want to trade and input your recipient Wallet address.
01Confirm your transaction
Check all the data once again and confirm your transaction.
02Send ALGO
ChangeHero will generate a deposit address, use your Wallet to send funds there.
03Wait for the exchange to complete
Wait a few minutes — your assets are on the way to your Wallet!
04
What is Algorand (ALGO)?
Algorand is an open-source blockchain network founded by Silvio Micali in 2017. The whitepaper was published in the same year by Silvio along with Jing Chen. Steve Kokinos is the CEO of Algorand and the whole team is comprised of researchers and cryptographers. Algorand Foundation oversees the development and adoption of the network. Through the Algorand blockchain, the team aims to create a borderless economy. ALGO is the native cryptocurrency of the chain and was initially distributed through an IEO on Binance in 2019. It is estimated that around 3 Billion ALGO tokens are in circulation as of writing. Though Algorand is new to the market, it caught the eye of the crypto enthusiasts due to the tech behind it. It uses a Pure Proof-of-Stake and has faster processing speeds. Algorand 2.0 is in works and boasts features like smart contracts and atomic swaps.
Frequently Asked Questions
ChangeHero charges a low fee of 0.5% for Algorand exchange.
In general, it takes around 15 minutes for a transaction to be processed. The time may vary depending on the blockchain load.
No, you are not required to complete a KYC procedure for a Algorand Exchange. However, we may ask you to go through it if our threat detection system raises an alarm.
No, we don’t accept Paypal. On ChangeHero you can buy ALGO with credit card or debit card.
ChangeHero is a completely registration-free cryptocurrency exchange. You will not be asked to create an account for your Algorand exchange.
We consider Algorand received after 1 blockchain confirmation.
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