Algorand (ALGO) exchange rate

Price for today

0.313 USD 3.58%

0.00001587 BTC 0.03%

Market Cap
2,185,717,673 $
Volume 24h
71,739,604 $
  • Name Algorand

  • Symbol ALGO

  • Circulating supply 6 973 061 100 $

  • Max supply 10 000 000 000 $

  • Cmc rank 28

  • Volume 24h 71 739 604 $

  • Percent change 1h -0,11 %

  • Percent change 24h 3,6 %

  • Percent Change 7d -5,6 %

About Algorand

ALGO is a native cryptocurrency of the Algorand blockchain network. This altcoin aims at pioneering the first transparent, unrestrained and fair PoS blockchain protocol which will be able to ensure a high level of privacy, scalability and anonymity without forking. Recently the ALGO team has released ALGORAND 2.0 protocol upgrade which provides the preconditions for the next generation of digital financial platforms. Algorand project’s key goal is to create a blockchain that brings real benefits to the economy. According to the team, ALGO will improve the efficiency of existing financial institutions and open new markets that cannot exist without a decentralized, unlimitedly scalable instrument.

Top Algorand Exchanges:

Short overview of ALGO

Algorand  is fairly demanded cryptocurrency, which is now listed on many leading crypto exchanges, such as Godex.

ALGO was created for fast, affordable and reliable trades using the advantages of blockchain technology. 

Today Algorand price is 0.31345168 with a daily trading volume of 71739604. The circulating coin supply is 6973061055 ALGO and it has a maximum supply of 10000000000 ALGO coins.

You can gain the ALGO by mining, taking part in an affiliate program or by staking. You can also buy it for other digital money you have got.

ALGO exchange to another cryptocurrencies

Now, because of the increase of interest in ALGO, there are quite a few services where you can fast and safely exchange it for other cryptocurrencies.

To exchange ALGO, decide on 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 traded for ALGO without limitations on the amount.

Follow simple instruction to exchange Algorand:

  1. On the home page, use a helpful coin converter. Pick out the ALGO and write down the amount on the left. Pick out the name of the cryptocurrency you want on the right. If the rate suggested by the exchange is good for you, click the “Exchange” button.
  2. Write your wallet address, where the funds will be sent after the exchange is finalized.
  3. Send the requisite amount of ALGO to the given address.
  4. After the exchange gets ALGO, a transaction is confirmed and you get a new token to your wallet.

This same guide can be used for deals involving different crypto currencies.

The entire trade process normally takes no more than a few minutes.


How to buy ALGO?

You can acquire ALGO with other digital currencies available on crypto exchanges. On most crypto exchanges, you need to pass the registration process and deposit the required amount of cryptocurrency buy ALGO. 

Certainly, you will need to check that you have a Algorand wallet in advance to safely store your crypto assets.

Is profitable trading Algorand to another crypto?

Benefit from trading Algorand to another crypto asset depends on the coin value at the moment of the exchange. If it is high, it may be time to sell or exchange the coin. It is told to monitor the coin price chart to compare ALGO to usd. ALGO analysis presented by crypto experts and forecast will also help to assess the perspectives for a deal.

Is Algorand safe to buy?

Algorand itself is safe. Investing in it has equal dangers as investing in any other cryptocurrency. Despite that, you can reduce the risks by trading on credible crypto exchanges and using a trusted wallet to store Algorand.