How to buy Algorand (ALGO)

What is Algorand (ALGO)?

Algorand is an open, public and permissionless (decentralized) blockchain that serves as a smart contract platform and implements its unique pure proof-of-stake model. ALGO is its native token, which serves as both a cryptocurrency and a means to propagate the next blocks.

Ticker
ALGO
Price
24h change
7d change
Made by
Algorand (Algorand, Inc)
Release date
2019
Total supply
10B

Wallets supporting ALGO

Frequently asked about ALGO

Algorand’s pure proof-of-stake ensures that the network is secure, by selecting random users who stake at least 1 ALGO to serve as a block validator. This process is much friendlier on the environment than some other blockchains, and allows for cheaper and faster transactions when sending your ALGO.

Buy ALGO in minutes using Visa, Mastercard, and all major debit and credit cards via MoonPay.com or any one of our partner websites, applications, or wallets.

Algo can be used to interact with smart contracts on the Algorand network. You can also stake your Algo to earn interest and rewards, provided you stake at least 1 ALGO.

Use MoonPay to buy ALGO with every major mobile payment method: Apple Pay, Samsung Pay, or Google Pay. Pay your way, then store, spend, or send ALGO.

After buying ALGO with MoonPay, you can easily send it, spend it, or transact with it on supported wallets, exchanges, and other places across the internet.

Cut down on the expenses incurred with other payment methods and purchase ALGO via bank transfer globally.