Buy Algorand

How and where to buy Algorand (ALGO)

Kraken

Our recommendation

Price for 1 ALGO = $0.1663

including 0.99% fees

Buy ALGO on Kraken

Best places to buy Algorand

2025-11-16T08:30:18.173486+00:00

Sort by

Lowest price

Binance

Low fees
Many features
No US access
Not for beginners

Payment methods

Bank

Price for 1 ALGO

$0.1650

Lowest price

including 0.1% fees

Go to Binance

Our recommendation

Kraken

Regulated exchange
High security
Easy to use
Many features

Payment methods

Bank

Price for 1 ALGO

$0.1663

including 0.99% fees

Go to Kraken

Bitget

For traders
Low fees
Easy to use
Many features
No US access
Not for beginners

Payment methods

Bank

Price for 1 ALGO

$0.1650

including 0.09% fees

Go to Bitget

OKX

Regulated exchange
Low fees
Easy to use
Many features
No US access
Poor customer support

Payment methods

Bank

Price for 1 ALGO

$0.1654

including 0.35% fees

Go to OKX

Bitstamp

Regulated exchange
High security
Not for beginners

Payment methods

Bank

Price for 1 ALGO

$0.1658

including 0.5% fees

Go to Bitstamp

Coinbase

Regulated exchange
High security
Easy to use
Many features
High fees
Poor customer support

Payment methods

Bank

Price for 1 ALGO

$0.1671

including 1.49% fees

Go to Coinbase

Prices last updated at 2025-11-16T08:30:18.173486+00:00,
Source: Exchange APIs

Step-by-step: How to buy Algorand

Create an account at a crypto exchange

Create an account at Kraken (our recommendation) or Binance (currently offering the lowest ALGO price). Sign up with email and password. In most cases, the next step is an identity verification process, so it’s best to have your ID card or passport ready.

Add a payment method

Add your preferred payment method to your account. Depending on the exchange, you can choose between credit card, bank transfer, or instant payment options. Some exchanges also support PayPal or Apple Pay, although these usually come with slightly higher fees.

Select Algorand (ALGO) to buy

Navigate to the buy or trading section and select Algorand (ALGO) from the list of available cryptocurrencies. Alternatively, you can type “Algorand” into the search bar. Some exchanges also offer different order types, such as market or limit orders.

Enter amount & complete purchase

Enter the amount in dollars you want to use to buy Algorand and review the transaction details such as fees and exchange rate. Confirm the purchase, and within a few seconds, the purchased coins will be credited to your account.

Buy ALGO on Kraken

When should I buy Algorand?

Whether it’s a good time to buy Algorand depends on various factors — and there’s no one-size-fits-all answer. However, here are a few indicators that may currently support or argue against buying ALGO. Note: This is not financial advice. Always do your own research.

Neutral

Momentum

Our momentum indicator currently shows a neutral signal for Algorand (ALGO), suggesting an unclear market direction. The Relative Strength Index (RSI) for Algorand is at a neutral level. The Fear & Greed Index currently shows fear, which has often been a buying opportunity in the past. Over the past 30 days, the price trend of Algorand has been falling, which may be a warning signal for a downward movement.

Current price

$0.16

All-time high

Jun 20, 2019

$3.56

↓-95.36%

17/30 days

Price trend

Negative

FearGreed

Fear & Greed Index

Fear

41.51

BuySell

Relative Strength Index

Neutral

NegativePositive

News sentiment

Neutral

Most relevant Algorand news

NEGATIVE2025-07-12T15:16:30+00:00•coindesk.com

Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s

80/100

NEGATIVE2025-07-11T21:31:25+00:00•decrypt.co

Tether to End USDT Redemptions on Bitcoin Cash, Algorand and Beyond

80/100

POSITIVE2025-09-29T14:48:33+00:00•coindesk.com

Algorand Foundation Names Former Ripple Engineer Nikolaos Bougalis CTO

50/100

POSITIVE2025-08-27T20:26:55+00:00•coindesk.com

VersaBank Tests Tokenized Deposits on Algorand, Ethereum and Stellar in U.S. Pilot

50/100

All Algorand news

Buying Algorand: One-time or dollar-cost averaging (DCA)?

One-time investment

With a one-time investment, you invest your entire planned amount in Algorand (ALGO) all at once and hold your position for the long term. The idea behind this strategy is simple: “Time in the market beats timing the market.” In other words, staying invested as long as possible is often better than trying to find the perfect entry point.

Buy ALGO on Kraken

Your loss

-54.15%

-$1,082.93

Deposited

$2,000

One-time

Price for 1 ALGO

$0.36

Portfolio value

$917.07

Dollar-cost averaging (DCA)

With dollar-cost averaging, you automatically invest a fixed amount into Algorand (ALGO) each month. This strategy helps you benefit from price fluctuations—sometimes buying cheaper, sometimes more expensive—ultimately averaging out your entry price over time. The key advantage: you don't need to worry about finding the “right time” to invest.

Start DCA on Kraken

Your loss

-6.21%

-$124.27

Deposited

$54/month

37 months

Avg. price for 1 ALGO

$0.20

Portfolio value

$1,875.73

Start date	1 year ago	2 years ago	3 years ago	4 years ago	5 years ago
One-time	↑+36.23%	↑+46.27%	↓-54.15%	↓-90.97%	↓-35.31%
DCA plan	↓-24.07%	↓-10.55%	↓-6.21%	↓-21.95%	↓-32.18%

Start date

1 year ago

2 years ago

3 years ago

4 years ago

5 years ago

One-time

↑+36.23%

↑+46.27%

↓-54.15%

↓-90.97%

↓-35.31%

DCA plan

↓-24.07%

↓-10.55%

↓-6.21%

↓-21.95%

↓-32.18%

Buy Algorand