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Where to Buy Algorand (ALGO)

Algorand built the world's first pure proof-of-stake fundamental blockchain, which is envisioned as the foundation for the future of finance. According to our Algorand price estimate, a long-term surge is projected; the price could reach $6.5 by the end of 2025.

Updated: 09 February 2023

Big Win for Algorand Crypto in Nigeria

Big Win for Algorand Crypto in Nigeria

Algorand is an open, public, and permission-less blockchain with a unique Pure Proof-of-Stake mechanism. The project seeks to expand the possible use cases for cryptocurrencies by accelerating transaction speeds and decreasing the time it takes for transactions to be deemed final on its network.

Algorand seeks to achieve these attributes through decisions that deviate from how cryptocurrencies have traditionally been designed. The network distributes the ALGO token with each new block to everyone who holds a certain number of tokens in their wallets. Furthermore, Algorand enables users to create smart contracts and tokens representing both new and existing assets.

These unique features of Algorand successfully attracted a diversity of venture investors to the early private sales of ALGO conducted to fund the development of the platform.

Still have questions about how Algorand works? Read on for our ‘What is Algorand?’ in-depth guide.

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How to Buy Algorand

Choose an Algorand exchange – we recommend eToro as it’s FCA, ASIC and CySEC regulated
Create and verify your trading account with eToro.
Fund your account via bank transfer, credit card, Paypal, or other payment options.
Search ‘Algorand ‘ in the drop-down menu to see chart and open trades.
Click ‘Trade’ and select an amount of ALGO to buy

Best Exchange to Buy Algorand in March 2023

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68% of retail CFD accounts lose money.

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The price and value of any investment in digital asset products can fluctuate.

The traded price of digital tokens can fluctuate greatly within a short period of time.

Market prices for digital tokens can be volatile and highly unpredictable.

As with any asset, the values of digital currencies may fluctuate significantly.

The value of digital currencies can go up or down frequently.

71% of retail CFD accounts lose money.

As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.

Rating

5.0

4.7

4.7

4.6

4.5

4.4

4.3

4.1

4.0

Mobile App Rating

10/10

9/10

9/10

8/10

8/10

9/10

9/10

9/10

10/10

Mobile App

Wallet

Number of Coins

74

60

22

36

17

59

65

15

123

Trading Fees

Spreads

Spreads

0.1%

0.1%

0.1%

0.1%

0.50%

Spreads

0.2%

Deposit Fees

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Withdrawal Fees

$5

N/A

0.0005 BTC

N/A

N/A

N/A

N/A

N/A

N/A

Regulated

ASIC, CySEC, FCA

CySEC

N/A

N/A

N/A

FCA

FCA

CBI, MiFID

N/A

Min. Deposit

$50

100 EUR

N/A

N/A

$10

$10

$2

$100

N/A

Leveraged Trading

N/A

N/A

1 - 100x

1 - 100x

1 - 10x

1 - 100x

N/A

1 - 30x

1-200x

Bitcoin

$25068.05

$24919.13

$24838.46

$40391.88

$40393.04

$40404.41

$40416.27

$24906.72

$40377.55

Ethereum

$1725.79

$1720.66

$1709.98

$2796.11

$2795.55

$2797.45

$2796.59

$1714.68

$2795.54

XRP

$0.38

$0.38

N/A

$0.23

N/A

$0.78

$0.30

$0.38

$0.78

Tether

$1.01

$1.01

$1.00

$1.00

N/A

N/A

$1.00

N/A

N/A

Litecoin

$85.58

$85.15

N/A

$109.04

N/A

$109.10

$109.04

$85.24

$108.99

Bitcoin Cash

$134.30

$134.70

N/A

$506.41

N/A

$295.12

$295.07

$134.63

$294.96

Chainlink

$7.14

$7.08

N/A

$14.26

N/A

$14.68

$14.67

$7.18

$14.68

Cardano

$0.35

$0.35

N/A

$0.83

N/A

$0.83

$0.83

N/A

$0.83

IOTA

$0.22

$0.22

$0.22

N/A

$0.70

$1.91

$1.91

$0.23

$0.70

Binance Coin

$312.55

$309.77

$309.69

N/A

N/A

$385.92

N/A

N/A

N/A

Stellar

$0.09

$0.09

N/A

$0.19

$0.08

$0.19

$0.19

$0.09

$0.19

Bitcoin SV

N/A

$37.32

N/A

$182.50

N/A

N/A

N/A

N/A

$77.12

USD Coin

N/A

N/A

N/A

$1.00

N/A

N/A

N/A

N/A

$1.00

EOS

$1.14

$1.14

$1.13

$2.06

$2.06

$2.06

$2.05

$1.15

$2.06

Monero

N/A

$153.99

$151.97

N/A

N/A

N/A

N/A

N/A

$188.31

Credit Card

Giropay

Neteller

Paypal