Where & How to Buy Algorand (ALGO) Guide

1. 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. 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 like USDT first, and then use that coin 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. 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. 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

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