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Algorand

Buy

Algorand

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

Buy Algorand

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Buy Algorand

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 1 044 925 ALGO worth 131 143 $.

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.

Buy and sell 200+ cryptocurrencies

Enjoy fast and flexible funding options

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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 Algorand for NFTs

Collect & trade NFTs

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 0,13 $ 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 NaN 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

How does Algorand work?
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 reliable 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.
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 (charges apply) so you can continuously accumulate small amounts of Algorand regularly.
Can I buy Algorand with a debit card?
You can buy Algorand using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
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.
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.
What is the current circulating supply of Algorand?
The current circulating supply of Algorand is 8 284 778 622 ALGO.

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