Connect with us
Buy Digital Assets:

Buyer's Guide

How to Buy Algorand (ALGO)

mm

Updated

 on

Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

Algorand is designing the first open, permissionless, pure proof-of-stake blockchain protocol that, without forking, provides the necessary security, scalability, and decentralization needed for today’s decentralized economy. The smart contracts enable DeFi solutions and dApps that can scale to billions of users, and tens of millions of daily transactions with low transaction fees.

We list the top 3 Algorand exchanges that offer the ability to buy Algorand (ALGO) with a credit card, debit card, or Bitcoin (BTC).

Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Algorand (ALGO) here is that you benefit from the lower exchange fees than competing exchanges, and the increased liquidity enables you to buy and sell quickly to take advantage of market moving news.

This exchange is best for Australia, Canada, Singapore & international users. They do not accept USA residents.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

Kraken

Kraken is one of the longstanding names when it comes to cryptocurrency exchanges operating in the industry.

From humble beginnings, they have now gone on to become one of the most recognizable names in the space offering an extensive selection of assets to trade including Algorand (ALGO).

The trading costs are competitive with other exchanges and they have continued to evolve now offering both futures and margin trading.

This is our most recommended exchange for USA residents.

Read our Kraken Review or visit Kraken.

BitPanda

BitPanda – They launched in 2014, and quickly established a positive name and reputation for being a great place to easily buy and sell Algorand (ALGO) in the UK & Europe. Since that time they have built on their stellar reputation to expand rapidly to where they now offer trading in a broad range of cryptocurrencies alongside the ability to purchase precious metals and a host of other services.

In total, they offer close to 50 cryptocurrencies you can choose from. This positions them well within the sector particularly among those brokers that facilitate an instant crypto purchase. Included in this range is BEST, a native token that BitPanda themselves has launched.

Read our BitPanda Review or visit BitPanda.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.

Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

Securities.io is not a registered broker, analyst, or investment advisor.