Algorand

ALGO

$0.1220

-8.78%

Algorand price

Not enough price history for this period yet.

Where to buy

Finst

Finst

€20 free Bitcoin

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Bitvavo

Bitvavo

€10K fee-free trading

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Buy Algorand with iDEAL or Wero

Buy Algorand easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Algorand?

Buying Algorand through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Algorand: Go to the Algorand page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Algorand appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Algorand margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Algorand on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Algorand

Answers auto-summarised from live price and sentiment data for Algorand.

Algorand is a proof-of-stake blockchain network designed to support a wide range of applications, including DeFi and NFTs. It aims to provide a scalable, secure, and decentralized platform for developers.

The current price of ALGO is $0.1090. This value fluctuates based on market trading activity.

Algorand's all-time high price was $3.53. This represents the highest price ALGO has reached since its inception.

Algorand's current market capitalization is $988,218,954.08. It is ranked {{market_cap_rank}} among all cryptocurrencies by market cap.

In the past 24 hours, ALGO's price has changed by -8.78%. This indicates the percentage increase or decrease in its value over that period.

The recent news sentiment for Algorand is neutral. This is based on an analysis of news articles and social media mentions over the past 24 hours.

Last refreshed:

Sentiment history ALGO

Last 7 days · hourly

Warning: last measurement is older than 4 hours (last update: —).

About Algorand

Algorand is a blockchain platform engineered for efficient and scalable decentralized applications (dApps). Its objective is to provide a secure, fast, and cost-effective infrastructure for financial transactions and dApp development. The platform was founded by Silvio Micali, a Turing Award laureate and MIT professor. Algorand distinguishes itself through its unique "Pure Proof-of-Stake" (PPoS) consensus mechanism. Instead of miners creating blocks, participants are randomly and secretly selected to validate transactions and create new blocks, based on the amount of ALGO they hold. This ensures a high degree of decentralization and security.

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