Where & How to Buy Algorand (ALGO) Guide

Page last updated: 2024-11-20 21:37 (UTC+0)

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How to Buy

Want to buy crypto but don't know where to buy Algorand? No worries! Binance offers many options where you can easily buy several cryptocurrencies including Algorand, with the lowest fees and highest security.

1
Create a free account on the Binance website or the app.
Binance is a centralized exchange where you can buy several cryptocurrencies including Algorand. Before you can use the Binance platform, you'll need to open an account and verify your identification.
- Register via the Binance App
- Register via the website using your email and mobile number
2
Choose how you want to buy the Algorand asset.
Click on the "Buy Crypto" link on the top of the Binance website navigation to know about the available options to buy Algorand in your country.
For better coin compatibility, you can consider buying a stablecoin first, and then use it to buy Algorand.
1. A. Buy Algorand with Debit / Credit Card
  If you are a new user, this is the easiest option to purchase Algorand.
  1. Navigate to buy Algorand with USD page on Binance.
  2. Select Algorand and USD from the dropdown menu.
  3. Choose "Card" as the payment method, and click "Confirm".
  4. "Add New Card" will appear if you have not purchased crypto in Binance using debit or credit card before. Click "Add New Card", enter card details and click "Confirm."
  5. On the payment confirmation page, verify details and confirm the order within the time limit. Use 'Refresh' for a new quote.
  6. Click "Confirm" to place your order.
  7. You will be redirected to your bank's OTP transaction page. Follow the instructions to verify the payment.
  8. Once verified, the coin will appear in your Spot Wallet.
2. B. Buy Algorand with Google Pay or Apple Pay
  1. Navigate to buy Algorand with USD page on Binance.
  2. Select Algorand and USD from the dropdown menu.
  3. Choose either "Google Pay" or "Apple Pay" as your payment method and press "Confirm".
  4. Click the "Buy " button.
  5. On the payment confirmation page, verify details and confirm the order within the time limit. Use 'Refresh' for a new quote.
  6. Click "Confirm" to place your order.
  7. The coin will appear in your Spot Wallet.
3. C. Third Party Payment
  There are multiple options for third-party payment channels. Please, visit the Binance FAQ to check which ones are available in your region.
3
Check the payment details and fees.
You have 1 minute to confirm your order at the current price. After 1 minute, your order will be recalculated based on the current market price. You can click Refresh to see the new order amount.
4
Store or use your Algorand in Binance.
Now that you bought your crypto, you can store it in your personal crypto wallet or simply hold it in your Binance account. You can also trade for other crypto or stake it on Binance Earn for passive income. If you would like to trade your Algorand to a decentralized exchange you may want to check Trust Wallet which supports millions of assets and blockchains.
Want to keep tabs on coin prices? Visit our coin price directory to add to bookmark

Binance: Where The World Trades Algorand

Fast

Binance’s world-class matching engine ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Binance is easy and intuitive. You only need a few steps to buy Algorand.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

Start buying ALGO

If you’re ready to take the next step and want to buy some Algorand, take the next step with Binance!

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.

Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.