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Sell
Algorand

Cash out of Algorand with flexible funding options

Sell
Algorand

Cash out of Algorand with flexible funding options

Sell Algorand

Get the Kraken app

Sell Algorand

How to sell Algorand

Create your free Kraken account

Verify your details to get started

Send ALGO to your Kraken account

Deposit ALGO in your secure Kraken account

Sell Algorand instantly

Enjoy ultra-fast ALGO transactions & withdraws

In the past 24 hours, Kraken clients traded 1 316 048 ALGO worth 159 539 $.

Why sell Algorand with Kraken?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Instant transactions & withdrawals

Flexible withdrawal options

World-class
security

Take advantage of our flexible payment options to sell Algorand using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

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?

Before you sell your Algorand, learn more about the different ways you can put your Algorand to work with Kraken.

Stake Algorand

Earn rewards with Algorand

Trade Algorand for NFTs

Collect & trade NFTs

Trade Algorand futures

95+ perpetual futures

Swap Algorand for other assets

Explore the most popular Algorand trading pairs on Kraken before you swap Algorand for cash, stablecoins or other digital assets.

Algorand FAQ

Can I sell Algorand for USD?

Yes, you can buy and sell Algorand using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Algorand.

How do I convert Algorand to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Algorand. Once you convert your Algorand to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out Algorand taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is Algorand worth right now in USD?

At the current Algorand price, one ALGO is worth 0.121226. Kraken makes it easy to sell Algorand for USD in minutes.

How do I get my money after selling Algorand?

After you sell your Algorand using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell Algorand instantly?

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

Learn more about Algorand

What are the fees for selling Algorand?
Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.
Which cryptocurrencies can I sell on Kraken?
Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including Algorand.
What is a Algorand ATM?
A Algorand ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Algorand and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.
Where can I sell Algorand?
While you can use a variety of different methods to sell your Algorand, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling Algorand.
Should I sell Algorand now?
Deciding when to sell Algorand depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

Browse more crypto selling guides

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