Short overview of Algorand
Algorand is fairly demanded cryptocurrency, which is now provided on many major crypto exchanges, such as Godex.
ALGO was designed for rapid, affordable and secure payments using the advantages of blockchain technology.
The current Algorand price is 0.10937887 with a daily trading volume of 42905505. The circulating coin supply is 7806966329 ALGO and it has a maximum supply of 10000000000 ALGO coins.
You can acquire the ALGO by mining, participating in an affiliate program or by staking. You can also acquire it for other digital money you have got.
ALGO exchange to another cryptocurrencies
Currently, due to the increase of interest in ALGO, there are quite a few services where you can instantly and without risk exchange it for other cryptocurrencies.
To exchange ALGO, select an exchange platform that provides the desired currency pair.
Currently, more than 300 diverse coins and tokens are available on Godex.io, which can be exchanged for ALGO without limitations on the amount.
Follow clear instruction to exchange Algorand:
- On the home page, use a convenient coin converter. Select the ALGO and fill in the amount on the left. Select the name of the cryptocurrency you demand on the right. If the rate provided by the exchange is profitable, click the “Exchange” button.
- Enter your wallet address, where the funds will be forwarded after the deal is completed.
- Send the required amount of ALGO to the provided address.
- After the exchange gets ALGO, a transaction is confirmed and you get a new token to your wallet.
This same guide can be utilized for deals involving different cryptos.
The whole exchange process normally takes no more than a few minutes.