Live ALGO Price
Currently, Algorand price is 0.1747$ with a circulation supply of 3355515.47 ALGO.
Live Algorand Price Chart
Live ALGO Price Change and Market Cap
Currently, ALGO price is 0.1747$. According to the Algorand price chart, the 24-hour change is 3.56%. The total market capitalization of Algorand is $3421551 with 19585296 ALGO in circulation. In the previous 24 hours, Algorand price hit highs of 0.1792$ and lows of 0.1595$.
Algorand gained traction in the crypto community and grew rapidly. The Algorand price reached an all-time high of $3.28 on June 21, 2019. By September of the same year, ALGO price dropped sharply to the levels of $0.2. Algorand price opened 2020 at a similar price and reached $0.45 in February. After a correction, Algorand price moved sideways till the end of June.
Algorand is expected to grow in the next few years, ALGO will be traded at $1.81 by 2025. It would be too early to predict the price of Algorand for 2030 as the cryptocurrency is only a few years old. Despite this, we believe that Algorand price will continue to reach new heights as it is a project driven by advanced tech which solves the scalability issues of the blockchains.
Algorand Exchange
On ChangeHero, you can exchange Algorand against a wide range of cryptocurrencies. For your Algorand exchange, we offer two types of rates — Best Rate & Fixed Rate. In the Best Rate Algorand exchange, you will be given the best available rate in the market. Please note that the final amount of crypto you receive may differ slightly from the estimate. In the Fixed Rate Algorand exchange, we freeze a good rate for 15 minutes, it’s optimal to avoid price fluctuations during the Algorand exchange. In any case, we process your Algorand exchange in a few minutes and deliver crypto safely to your wallet.
Buy Algorand
Now it's easier than ever to buy Algorand! On ChangeHero you can buy ALGO with a credit card and debit card. You can buy ALGO with USD, EUR, and many other fiat currencies in a few clicks. Simply complete a one-time verification procedure and you are all set.
Sell Algorand
Looking to sell Algorand? We got you covered! You can sell Algorand for fiat in a few minutes on ChangeHero. You can sell ALGO for USD, EUR and RUB without any complicated procedures. Complete a one-time verification procedure and cash will be delivered to your bank account almost instantly.
Enter the amount and provide your address
Choose the ALGO pair you want to trade and input your Wallet address(es).
Confirm your transaction
Check all the data once again and confirm your transaction.
Send ALGO
ChangeHero will generate a deposit address, use your Wallet to send funds there.
Wait for the exchange to complete
Wait a few minutes — your assets are on the way to your Wallet!
What is Algorand?
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
What are the fees for Algorand exchange?
We charge a low fee of 0.5% for your Algorand exchange.
How long does it take to exchange Algorand?
Usually, it takes less than 15 minutes for a transaction to be processed. The time may vary depending on the blockchain.
Do I need to go through a KYC procedure for exchanging ALGO?
No, you are not required to go through a KYC procedure for Algorand exchange. In some cases, we may ask you to go through a verification procedure if our threat detection system raises an alarm.
Where can I find the latest Algorand news?
Subscribe to ChangeHero blog for all the latest Algorand News and updates.
Can I buy Algorand with Paypal?
No, we don’t accept Paypal. On ChangeHero you can buy ALGO with credit card or debit card.
Do I need to create an account to exchange Algorand?
ChangeHero is a completely account-free cryptocurrency exchange. You will not be asked to register for your Algorand exchange.
How many blockchain confirmations are needed for ALGO?
We consider Algorand received after 1 blockchain confirmation.