Kraken

(3k)

Buy

Algorand

Millions choose Kraken to buy Algorand. Start with just $10.

Buy

Algorand

Millions choose Kraken to buy Algorand. Start with just $10.

Buy Algorand

How to buy Algorand

Create your free Kraken account

Provide your email address & country of residence.

Connect a funding method

Fund your account with your preferred payment method.

Complete your Algorand purchase

Buy Algorand with as little as $10.

In the past 24 hours, Kraken clients bought 12,939,248 ALGO worth $2,620,120.

Why buy Algorand with Kraken?

Kraken offers a safe and easy way to get started with crypto. Use our flexible payment methods to instantly buy Algorand with a credit card, debit card, bank transfer, and more.

Buy and sell 200+ cryptocurrencies

Flexible funding options

World-class
security

Dollar cost average your Algorand purchases with recurring buys on the Kraken mobile app and get $10 when you refer a friend to Kraken.

About Algorand

Algorand is a proof-of-stake blockchain that eliminates the possibility of hard forks. The Algorand platform allows users to create tokens and dApps using a unique "pure proof-of-stake" consensus mechanism that, unlike other PoS systems, requires no "bonding" period. Algorand is also the first blockchain to provide immediate transaction finality, removing the risk of forking.

What can you do with Algorand?

With Kraken, you can do more with Algorand. From making your first trade, to collecting NFTs and utilizing our advanced Algorand pro trading tools, all the Kraken features you need are backed by our world-class security and 24/7 support.

Stake Algorand

Earn rewards with Algorand

Trade Algorand for NFTs

Collect & trade NFTs

Trade Algorand OTC

High volume Algorand orders

Trade Algorand futures

95+ perpetual futures

Algorand API trading

Automate your trades

Swap Algorand for other assets

After you buy Algorand, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers deep liquidity and instant trades on over 200 Algorand trading pairs.

Algorand FAQ

Can I buy and sell Algorand instantly?

Yes, it only takes a few clicks to buy and sell Algorand after you connect your funding method.

How much does it cost to buy 1 Algorand?

At the current market rate, it costs $0.20 to purchase one ALGO. Kraken makes it easy to buy Algorand in minutes.

Can I buy Algorand with a credit card?

Yes, you can buy Algorand with a Mastercard or Visa credit card on Kraken. We offer several different ways to fund your account with cash or cryptocurrency.

How to trade Algorand

You can trade Algorand by first creating a Kraken account. Next, deposit or purchase the amount of ALGO to open your position. Once your account is funded, select your desired ALGO trading pair and start trading Algorand.

Can I buy $100 worth of Algorand?

Yes, Kraken offers a secure and easy to buy $100 worth of Algorand. At its current price, $100 equals 493.84 ALGO.

Is Algorand safe to buy?

The Algorand price can change dramatically based on market conditions. While Algorand is among the most popular cryptocurrencies in the market, you should do your own research on Algorand before buying.

Learn more about Algorand

How is Algorand different from normal cash?
Unlike traditional currencies, Algorand is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Algorand. This decentralization means the holders and users of Algorand can help to maintain the network.
Where can I buy Algorand?
Most find that the easiest and most secure way to purchase Algorand is through a trusted cryptocurrency platform like Kraken. While Algorand can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Algorand.
How do beginners buy Algorand?
While Kraken makes it easy for anyone to buy Algorand, beginners should first do their own research (and may consider seeking professional advice) before making decisions about whether or not to buy digital currencies. After learning about Algorand in the Kraken Learn Center, beginners can use Kraken to buy Algorand in moments with as little as $10.
Is Algorand available to buy and sell in my country?
To find out if Kraken offers Algorand in your region, please check our Support article to see what cryptoassets are available in your country.
Is Algorand a good investment?
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Algorand may be a worthwhile purchase.
Can I purchase Algorand using my local currency?
Kraken supports six different government-issued fiat currencies including:
- US dollars (USD)
- Euros (EUR)
- Canadian dollars (CAD)
- Pounds sterling (GBP)
- Swiss franc (CHF)
- Australian dollar (AUD)
What are the transaction fees for buying Algorand?
Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.
What is the minimum amount of Algorand I can buy?
You can buy as little as $10 worth of Algorand on Kraken. Kraken also allows you to set up recurring buys so you can continuously accumulate small amounts of Algorand regularly.
Can I buy Algorand with a debit card?
Yes, you can buy Algorand using a debit card on Kraken.
Can I buy Algorand with other cryptocurrencies?
Yes, Kraken makes it easy to purchase Algorand using hundreds of other cryptocurrencies. Browse the Algorand markets available on Kraken to see how much it costs to buy Algorand with other cryptocurrencies.
How can I keep my Algorand safe?
While we believe the safest place for your crypto is in your own cold wallet, we strive to be as transparent and secure as possible when you trust us with your Algorand. When you choose to keep your Algorand on Kraken, it is secured by our globally-recognized security standards.
Can I set up automatic recurring buy orders for Algorand?
Yes, Kraken makes it easy to automatically buy Algorand on a recurring basis. Recurring buys, also known as dollar cost averaging, is a way to continuously increase your asset holdings without needing to manually place an order each time.
Will I owe taxes when buying and selling Algorand?
Each country handles cryptocurrency taxes differently. It’s recommended you speak with a local professional tax advisor before making any digital asset purchases or reporting your crypto taxes.
Can I transfer Algorand from Kraken to my crypto wallet?
Yes, the Algorand you buy on Kraken is yours. Kraken makes it easy to withdraw your Algorand to any hot wallet or cold wallet that supports Algorand. Simply enter the external wallet address and your Algorand will be in your wallet a few moments later.
Is it safe to leave my Algorand on Kraken?
We take every measure possible to keep the Algorand you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Algorand. Learn more about our globally-recognized security standards.
Can I pay for online goods and services using Algorand?
Yes, as long as the seller is willing to accept Algorand in return for the goods and services you are purchasing.
What is the current circulating supply of Algorand?
The current circulating supply of Algorand is 7,984,548,604 ALGO.

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Buy

Algorand

Buy

Algorand

How to buy Algorand

Create your free Kraken account

Connect a funding method

Complete your Algorand purchase

Why buy Algorand with Kraken?

Buy and sell 200+ cryptocurrencies

Flexible funding options

World-class security

About Algorand

What can you do with Algorand?

Swap Algorand for other assets

Algorand FAQ

Can I buy and sell Algorand instantly?

How much does it cost to buy 1 Algorand?

Can I buy Algorand with a credit card?

How to trade Algorand

Can I buy $100 worth of Algorand?

Is Algorand safe to buy?

Learn more about Algorand

How is Algorand different from normal cash?

Where can I buy Algorand?

How do beginners buy Algorand?

Is Algorand available to buy and sell in my country?

Is Algorand a good investment?

Can I purchase Algorand using my local currency?

What are the transaction fees for buying Algorand?

What is the minimum amount of Algorand I can buy?

Can I buy Algorand with a debit card?

Can I buy Algorand with other cryptocurrencies?

How can I keep my Algorand safe?

Can I set up automatic recurring buy orders for Algorand?

Will I owe taxes when buying and selling Algorand?

Can I transfer Algorand from Kraken to my crypto wallet?

Is it safe to leave my Algorand on Kraken?

Can I pay for online goods and services using Algorand?

What is the current circulating supply of Algorand?

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