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