Algorand

Algorand (ALGO)

$ 0.4315000

Market Cap Volume Last Trade

Algorand Details

Built On Launch Date Proof Type Max Supply Circulating Supply Website
2019-06-19 PoS 10,000,000,000 6,813,262,009 NO
Platform Block Reward Block Time Block Number Net Hashes Per Sec Algorand
blockchain 0 0 21,122,312 0 Trade

Algorand (ALGO) price today is $0.4315000 USD. Trading volume was $14,791,648.16 USD in the last 24 hours. Current market cap of Algorand is $3,115,616,786 USD. Algorand has a circulating supply of 6,813,262,009 ALGO coins out of a maximum supply of 10,000,000,000 ALGO coins.

What is Algorand (ALGO)?

Launched in 2019, Algorand is a permissionless and open-source smart contract blockchain network upon which anyone can build applications, tokens, NFT, securiteis etc. Algorand solves the blockchain trilemma of speed, security, and decentralization simultaneously.

It was founded by Turing award-winning professor, Silvio Micali. Algorand has a strong team, reliable technology and investors who have backed the project financially.

How to buy Algorand

Algorand (ALGO) is a top 20 crypto and is available on virtually all cryptocurrency exchanges. The best places to buy Algorand (ALGO) for low fees and best prices are

Binance
etoro
Coinbase
Huobi

Where to buy Algorand (ALGO)

You can buy Algorand (ALGO) with GBP in the UK using Crypto.com, Coinbase, and Luno. In France and the rest of the EU, you can also buy Algorand (ALGO) with EURO on these same exchanges. In places where buying Crypto is difficult e.g. Nigeria, you can buy bitcoin with the local currency (naira) by using Binance P2P and swapping with Algorand (ALGO)

You can find other places to buy ALGO on our long list of the best cryptocurrency exchanges.

Algorand (ALGO) Wallets

The best wallets for Algorand (ALGO) are Ledger, Trezor, Math Wallet, and Trust Wallet

Find more Algorand (ALGO) news by visiting the Algorand Website and the Algorand Reddit

Rank Exchange Country Coin Types Fees Trade
1 Cayman Islands 378 Currencies including ALGO 0,10% More infos
2 Cyprus 34 Currencies including ALGO 0,10% > 1% More infos
3 US 107 Currencies including ALGO 1,49% > 3,99% More infos
4 British Virgin Islands 150 Currencies including ALGO 0,10% > 0,20% More infos

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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

What next for Algorand

Algorand helps developers build quality decentralized applications. It can be used to develop highly scalable DeFi projects, institutional finance products, and government CBDC projects. Algorand is used by hundreds of companies like Circle, IDEX, Republic and Tether.