Algorand is a digital asset built on blockchain technology that enables decentralized, peer-to-peer transactions. Trading Algorand can provide opportunities for portfolio diversification, potential profits from market movements, and exposure to one of the most active areas in global finance.
To trade ALGO on Kraken, create an account, complete the verification process, deposit funds, and navigate to the trading interface. From there, you can sell or buy ALGO using a variety of trading pairs and order types.
Kraken offers a transparent and competitive fee structure. Trading fees vary based on your 30-day volume and whether you’re a maker or taker. You can view the full fee schedule on our Fees page.
Yes. Kraken uses industry-leading security practices, including cold storage for most assets, two-factor authentication (2FA), and regular audits. Your funds and personal information are protected every step of the way.
Yes, you can store your ALGO in your Kraken account. However, for enhanced security, we also recommend using a personal hardware wallet for long-term storage.
