How to Buy Algorand (ALGO)

AscendEX is the best place to buy, sell, trade, and hold Algorand (ALGO) easily. Signing up for a AscendEX account will allow you to buy, sell, and hold cryptocurrency.


What is Algorand (ALGO)

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token.Learn more about Algorand (ALGO)

Where Do I Actually Buy Algorand (ALGO)

If you’ve made up your mind and are ready to make a purchase, then skip this article and buy ALGO

ALGO to USD Converter

How to buy Algorand

Buy Algorand with Bank Transfer

Buy Algorand (ALGO) on AscendEX by wiring US Dollars, Euros, or other money from your bank account directly to AscendEX. AscendEX will credit your account with stablecoins, which can then be used to purchase Algorand (ALGO).

Trade Algorand

AscendEX supports the deposit of more than 300 cryptocurrencies, several of which you can exchange for Algorand (ALGO) at some of the best rates in the market.

Buy Algorand with Credit Card

You can directly purchase Algorand (ALGO) with credit card or debit card on AscendEX. We offer the best route to buy Algorand (ALGO) using Visa or MasterCard.

Convert Your Crypto to Algorand

You can purchase Algorand (ALGO) directly with AscendEX's 1-Click Convert function. Seamlessly convert any number of cryptocurrencies directly to Algorand (ALGO) and pay 0% fees.

Buy and sell ALGO on the Move

Download the AscendEX crypto trading app and trade your ALGO plus 300+ cryptocurrencies, anytime and anywhere.

Check ALGO Price Now

Find the live Algorand to USD (ALGO/USDT) price today to help you with your decisions. We update our ALGO to USD price in real-time.

Algorand Real-Time Price

AscendEX: Where The World Trades Algorand


AscendEX’s world-class matching engine supports up to 400,000 transactions per second ("TPS"). This ensures that your crypto trading experience is quick and reliable.


Trading crypto on AscendEX is easy and intuitive. You only need a few steps to buy Algorand (ALGO) instantly.

Secure and Trusted

Over 1 million registered retail and institutional traders trust AscendEX. With defense-in-depth, compliant KYC & AML policies, and robust trading infrastructure, AscendEX prioritizes security and trustpeace of mind for our global client base.


AscendEX is one of the world’s most liquid cryptocurrency exchanges, with hundreds of millions in trade volume executed daily.

Still Have Questions?

Trading is simple and we are here to help you! If you have any questions about buying Algorand (ALGO) and other cryptocurrencies or using the AscendEX platform, our Support Center is available to answer all of your questions.

Go to Support

What to Do After I Buy Algorand

Store/Hold Algorand

Many users hold on to their Algorand (ALGO) with the expectation of it increasing in value. You can store your Algorand (ALGO) safely on your AscendEX wallet.

Earn Algorand

Spend Algorand

Learn More About Algorand

Trade Algorand

Send Algorand

Convert Algorand

Most common Use of Algorand


You can use it to pay for goods or services. An increasing number of small merchants and large businesses are now accepting Algorand (ALGO) payments.


You can trade it, trading Algorand (ALGO) for stablecoins (USDT, USDC, etc.)


You can hold onto it.

Start buying ALGO

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