List of exchanges where you can buy Algorand
- Signup on crypto exchange
- Deposit money or crypto
- Buy Algorand (ALGO)
Platforms where to buy Algorand top 5
Bibox - Buy now
Supported pairs: USDT, ETH, USDC
Bibox is a Singapore-Based crypto exchange platform that was formed in 2017. It was backed by blockchain giants from China and the team behind this movement is a pretty profession with a lot of members being entrepreneurs.
Bibox is a bit different from others as it is Artificially enhanced. Right now, the company is doing around USD 200 million daily tradings and it is a respectable volume for a company like Bibox. The platform is also available in a lot of countries including the US and it provides low trading fees from 0.2%
Low trading fees
Binance - Buy now
Supported pairs: USDT, BTC, TRY, BUSD, ETH, BNB, RUR
Binance is known as the largest cryptocurrency exchange in the world due to its smart trading options and unique features. Even though it’s not that user-friendly, once you get the basic knowledge out of the place, you’re good to trade.
Binance was founded in 2017 and was registered in the Cayman Islands. However, with time, it only became more popular due to the variety of trading markets. The platform offers unique features such as market charts, various trading options, and includes a lot of cryptocurrencies that you can choose from.
You’re getting a wide variety of trading options and types
Huobi - Buy now
Supported pairs: USDT
Huobi is based in Singapore and is known as a "digital asset exchange". This crypto exchange supports ICO tokens and cryptocurrencies with a vision that Blockchain technology will change the world of digital assets.
The company was founded in 2013 in Beijing, however, it was later moved to Singapore and China banned crypto and ICOs. Huobi is pretty popular and competes with other popular trading platforms. The platform provides charting, market depth information, price feeds, and information about individual cryptocurrencies that are displayed in a user-friendly manner.
Huobi supports over 100 cryptocurrencies and tokens on their main platform
The level of security that the platform offer is impressive
Customer support is friendly and you’ll typically get a response in a couple of hours
The trading platform is ideal for crypto newbies and experts
Coinbase Pro - Buy now
Supported pairs: USD, EUR, BTC, GBP
Coinbase is one of the oldest crypto trading platforms. It was founded in 2012 and was originally a platform to send and receive the famous Bitcoin. However, the company has more than 2,700 employees over the blog and it is decentralized with no main headquarters. The platform is available in more than 100 countries and the trading volume is over $327 billion per quarter.
Coinbase also supports over 9,000 financial institutions by managing the unique cryptocurrency ecosystem and is loved by a lot of people out there.
Excellent for crypto beginners
By using Coinbase Pro, you can lower the fee pricing significantly
You can earn cryptocurrency using Coinbase
How to buy Algorand
Step by step guide on how to buy ALGO on different exchange platforms.
All exchanges below support multiple trade pairs.
To register on Bibox, use this link
Once you’re logged in, you need to hover over to “ Buy Crypto ” and Select “ Quickly Buy Coins ”
You will see a quick buy or sell menu. Firstly, you will have a lot of crypto options that you can buy. But if your favorite coin doesn’t pop up, you need not to worry as you can exchange any of the given coins like BTC, ETH, ETC, LTC, and trade it with some of the lesser known coins like LUNA afterwards.
Once you have the amount added, you need to select the payment and service provide and click on “Buy”
The company will ask for some KYC as it is a policy and then you can easily purchase your first cryptocurrency from Bibox.
To exchange coins, you need to hover over to Exchange > Select “ Exchange ”
Now you can easily choose your favorite coin and buy them by exchanging with the currency that you bought using your Fiat.
Method 1: Bank Deposit
Hover over to “ Buy Crypto ” > Click “ Bank Deposit ”
Check the “ Bank Transfer ” > Click on “ Continue ”
Click on “ Start Now ” > “ Verify Now ” > Upload the required Documents
Wait for the verification to complete > Enter your Bank’s Swift Details and buy any coin.
Method 2: Credit/Debit Card
Enter the amount you want to spend > Enter the amount of crypto you want to buy > Press “ Continue ”
Enter your Credit/Debit Card Details > You can now buy any coin.
Method 3: P2P
Click on any P2P marketplace and buy USDT. USDT will work as the virtual currency that you can trade for any coin in Binance
Hover over to “ Trade ” > Select “ Binance Convert ”
Enter the USDT you want to buy the coin with > Select your coin > Press “ Preview Conversion ”
You can easily purchase any coin now
Method 3: Third-Party
Choose you payment channel > Choose your Coin > Agree to Terms & Conditions > Click on “ Continue ”
Now you can purchase various cryptocurrencies using third-party in Binance.
T he first thing that you need to do is to create your Huobi account and log in. To register on Huobi, use this link
Method 1: Peer-to-Peer
Peer to peer method allows you to deal with the third-party vendors that will sell you various currencies like USDT, Bitcoin, or more than you can then trade to buy some of your wanted coins.
Let’s say that I wanted to buy the LUNA coin. For me to purchase it, I’ll first need to get the amount of USDT from a third-party vendor that’s selling it. So, I can avail the peer-to-peer method and then simply trade my USDT for LUNAs.
When you’ve logged it, Hover over to “ Buy Crypto ” > Select P2P
You can buy any of the given advertisers that you like the rate off > Click “ Buy USDT ”
Once you do that, you’ll need to verify the transaction and buy the amount of USDT you want. Select that and you’re good to go. After that, you can easily trade them for any of the coins you want > Convert Now
Method 2: Quick Buy/Sell
In quick buy and sell option, you need to select the amount of USDs you want to spend to buy any currency of you liking
Select your payment method, go through the verification process, and you will receive your coin in the Huobi wallet.
T he first thing that you need to do is to create your Coinbase account and log in. To register on Coinbase, use this link .
Once you’ve signed up, you need to hoover on “ Individuals ” > “ Buy and Sell ”
Once your account is verified, you’ll be able to buy or sell crypto right from the Coinbase wallet.
Now you can enter the number of coins you wanna buy for your USD balance. By choosing some of the best options like MasterCard, Visa, and more, you can get the amount in your Coinbase wallet which you can then trade for other cryptocurrencies. Coinbase makes it really easier for the users to buy and sell cryptocurrencies.