How to convert ALGO to cash from a wallet?

Select ALGO from the list and provide the amount you wish to sell. Next, provide the card to receive the fiat currency and a return ALGO address for a refund should the transaction not succeed. In the following step, you will be provided with an address to transfer ALGO for selling. This is the last action you will need to take before sitting back and waiting for the cash to arrive to your card.

Is cashing out ALGO taxable?

Whether or not you have to pay tax for your ALGO transactions depends on your local laws and history of transactions.

What is the minimum amount of ALGO I can sell?

The minimal threshold for selling most cryptocurrencies is equivalent to €25. Choosing a different payment provider or current volatility of the asset can cause the minimal threshold to change. You can always check the minimum amount available to sell in the widget.

What is the maximum amount of ALGO I can sell?

The maximum threshold for selling most cryptocurrencies is equivalent to €10 000. Choosing a different payment provider can cause the threshold to change. You can always check the maximum amount available to sell in the widget.

What are the fees to sell ALGO with ChangeHero?

Selling fees are dynamically affected by many factors: location, payment method, blockchain fees, etc. Nevertheless, you will be provided with a precise breakdown of fees in the quote in the widget before being prompted to confirm the transaction.

From which countries can you push-to-card sell Algorand on ChangeHero?

Visa and MasterCard crypto off-ramp is supported in the UK, Canada, Australia, Australia, the Netherlands, and New Zealand. You can check the full list on https://help.mercuryo.io/ . Selling ALGO for USD or EUR is not supported in Afghanistan, Cuba, Iran, Iraq, Pakistan and other countries not in the list of supported jurisdictions.

How long does it take to receive my fiat funds after selling Algorand?

The time to complete a transaction to sell ALGO depends on multiple factors: the payment method, bank, network congestion, etc. Since most purchases take longer to process by the bank rather than the off-ramp provider, estimated time can vary greatly from user to user.

Which fiat currencies are supported?

For the time being, you can sell ALGO for EUR and USD. The providers always work on expanding their local currency support, so stay tuned!

Sell Algorand (ALGO) for Cash — Exchange Algorand for Fiat Currency

How to sell ALGO for fiat money with credit card or debit card

Pick your crypto

Choose the currency you want to convert to cash, enter the amount and provide your wallet address, email and phone number.

Provide payment details

Provide the credit card or debit card details and complete a one-time verification procedure.

Confirm the transaction

Check the details once again and confirm the transaction. Take it seriously!

Receive your money

You will be receiving fiat in a couple of minutes.

Why sell Algorand on ChangeHero

Assistance at every step

Feel free to contact us regarding any difficulties you faced during the transaction procedures via live chat or mail us at [email protected] We are online 24/7.

Simple one-time verification

No more complicated procedures, one document is all you need to convert crypto into cash.

Cash-out instantly

Sell Algorand instantly to USD or EUR. Simply enter the details, complete the verification and you are good to go.

Generous Limits

The maximum limit for the selling Algorand is 1,300 EUR per transaction and the monthly limit is 15,000 EUR.

We never hold your money

ChangeHero is a non-custodial service and we never hold your cryptocurrency. We send your cryptocurrency safely to the wallet right after the exchange.

Best rates

Our rates make us the best cryptocurrency exchange. We pick the best rate from various trading platforms at the moment of transaction.

A Word from Crypto Community

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Frequently Asked Questions

Algorand Price

PRICE 24H

0.228533$

24H HIGH

0.2329 $

24H LOW

0.2271 $

24 HOUR-1.00%

7 DAYS-2.82%

14 DAYS-13.91%

1 MONTH-14.00%

ALGO Live Price Chart

Algorand(algo) / usd

$0.2285328665

1.59% (24h)

Currently, the ALGO price is 0.228533$. According to the Algorand price chart, the 24-hour change is 1.59%. The total market capitalization of Algorand is $2285328665 with 10000000000 ALGO in circulation. In the previous 24 hours, the Algorand price hit highs of 0.2329$ and lows of 0.2271$.

What is Algorand?

Algorand is an open-source, decentralized blockchain platform that aims to develop a borderless economy. The project was founded by Silvio Micali in 2019 with Steve Kokinos as the CEO. Algorand aims to fix the persisting issue of the current blockchains like Bitcoin and Ethereum which is scaling. The blockchain has the capability of processing 1,000 transactions per second.

Algorand developed a variation of the PoS called Pure Proof-of-Stake for quick and secure consensus on the blockchain. Algorand 2.0 is an upgrade in the chain to improve the development of decentralized applications and plans to include features like issuance of blockchain assets, atomic transfers and smart contracts. ALGO is the native cryptocurrency of the Algorand blockchain and was issued through an ICO in June 2019.

Yes, now you can sell ALGO to USD within minutes on ChangeHero. You can also sell ALGO to fiat currencies like Euro and Yen. We do not ask you to go through any complicated procedures. You just have to complete a simple verification procedure and instantly cashout ALGO for fiat.