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

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How to buy Algorand

You can buy Algorand on Kraken's crypto platform. Create your free account and connect a funding method to buy over 200 cryptocurrencies including ALGO. Kraken makes it quick and easy to get started.


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 2,946,447 ALGO worth $464,681.

Why buy Algorand with Kraken?

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

Transactions are instant

Buy and sell 200+ cryptocurrencies

Flexible funding options

Enjoy fast and flexible funding options

Kraken level security

Secure your crypto journey with Passkeys

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 utilizing our advanced Algorand pro trading tools, all the Kraken features you need are backed by our robust security features and 24/7 support.


Stake Algorand

Earn rewards with Algorand

Trade for NFTs

Trade Algorand for NFTs

Collect & trade NFTs

Trade futures

Trade Algorand futures

95+ perpetual futures

Swap Algorand for other assets

After you buy Algorand, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Algorand trading pairs so you can move in and out of the market with ease.

Algorand FAQ

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.

How much does it cost to buy 1 Algorand?

At the current market rate, it costs $0.16 to purchase one ALGO. Kraken makes it easy to buy & sell Algorand with confidence.

Can I buy Algorand with a debit card?

You can buy Algorand with a debit 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. Once sign up is complete and your account is funded, select your desired ALGO trading pair and start trading Algorand. Our all in one, powerful interface lets you execute your trading strategy.

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 634.08 ALGO.

Is Algorand safe to buy?

The Algorand price can change dramatically based on market conditions. You should do your own research on Algorand before buying.

Learn more about Algorand

  1. How does Algorand work?

  2. Where can I buy Algorand?

  3. Is Algorand available to buy and sell in my country?

  4. Is Algorand a good investment?

  5. Can I purchase Algorand using my local currency?

  6. What are the transaction fees for buying Algorand?

  7. What is the minimum amount of Algorand I can buy?

  8. Can I buy Algorand with a debit card?

  9. Can I buy Algorand with other cryptocurrencies?

  10. How can I keep my Algorand safe?

  11. Will I owe taxes when buying and selling Algorand?

  12. Can I transfer Algorand from Kraken to my crypto wallet?

  13. Is it safe to leave my Algorand on Kraken?

  14. What is the current circulating supply of Algorand?

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