BNB to ALGO conversion chart
Binance Coin to Algorand correlation
According to the correlation analysis BNB and ALGO have a strong relationship with each other and correlated. Whenever there is a change in the price of BNB then ALGO also tends to follow the same pattern and move together.
BNB to ALGO exchange margin
Considering today’s exchange rate, a transaction of 1 BNB to ALGO would result in an output of 1272.56 ALGO.
Enter the amount and provide your address
Enter the amount of BNB and click 'Exchange'. Provide the ALGO wallet address.
Confirm your transaction
Check all the data once again and confirm your transaction.
ChangeHero will generate a deposit address, use your Wallet to send BNB there.
Wait for the exchange to complete
Wait a few minutes — your ALGO is on the way to your Wallet!
Binance Coin and Algorand comparison
Binance Coin is the cryptocurrency issued by the popular cryptocurrency exchange Binance. It was initially launched as an ERC-20 token through an ICO in 2017 and migrated to the Binance Chain in 2019. Binance Coin is traded with the ticker BNB and functions mostly as a utility token for the Binance exchange. Unlike halving in Bitcoin rewards, Binance Coin conducts quarterly burning of BNB tokens to keep the value of the token intact. The burn events are planned to be continued till 50% of the total supply of BNB, 100 Million, is reached. BNB can be used to pay trading fees on Binance Exchange at a discount, as a means of payment in Binance DEX, fund IEOs and can also be spent at select stores.
Algorand is a blockchain project with the mission to end the need to compromise in the blockchain trilemma. Its developers claim it is secure, since it uses latest cryptography technologies, scalable, since it is memory-efficient, and decentralized, since all network participants propagate it.
Binance Coin to Algorand price details
BNB to ALGO Conversion Rate and Price
Currently, the conversion rate for 1 BNB equals to 1272.56 ALGO. The 24-hour highest price of Binance Coin in relation to ALGO was 1294.7 ALGO and the lowest was 1171.33 ALGO. In short, BNB price in relation to ALGO changed by -0.19%.
Instantly Exchange BNB to ALGO
On ChangeHero you can instantly exchange Binance Coin to Algorand without signup. You can easily convert BNB to ALGO in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BNB to ALGO exchange.
BNB to ALGO Best Rate Exchange
For the the Best Rate exchange of Binance Coin to Algorand, we search through various exchanges for the BNB to ALGO pair and find the best rate available in the market. We provide you with an estimation of the amount of ALGO you will receive.
As soon as you accept the terms and the BNB is deposited, the exchange will be automatically processed. We remind you that the final amount of ALGO you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BNB to ALGO.
BNB to ALGO Fixed Rate Conversion
For the the Fixed Rate exchange of Binance Coin to Algorand, ChangeHero finds a good rate for the pair BNB to ALGO and fix the rate for up to 15 minutes. In the Best Rate exchange of BNB to ALGO, you will receive the exact amount of ALGO which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ALGO address. ChangeHero is the best place to exchange BNB to ALGO fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BNB to ALGO?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BNB to ALGO?
No, you do not require an account to swap BNB to ALGO on ChangeHero. There will be no registrations for your Binance Coin to Bitcoin transaction.
Do I need to go through KYC procedures for BNB to ALGO exchange?
There will be no KYC for the BNB to ALGO exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ALGO to BNB?
Yes, you can instantly exchange ALGO to BNB on ChangeHero.