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Buy Algorand (ALGO)

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Algorand
ALGO
1 ALGO ≈ USD $0.139445
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ALGO price
$0.139445 USD
-2.6%
In the past 24 hours, Binance clients bought 0 ALGO worth $0
Page last updated: 2025-12-05 02:26 (UTC+0)

How to Buy Algorand (ALGO): A Step-By-Step Guide

Buying Algorand on Binance is simple, fast, and secure. Follow these four steps to instantly buy Algorand with the lowest fees and highest security standards, using one of the many payment options that Binance offers.
  • 1
    Create a free account on the Binance website or the app.
    Binance is a centralized exchange where you can buy Algorand and many other cryptocurrencies. Before you can use the Binance platform, you'll need to open an account and verify your identity. Verification unlocks higher limits for you and keeps Binance a safe place to buy Algorand.
    Register via the Binance App
    Register via the website using your email and mobile number
  • 2
    Choose how you want to buy Algorand.
    Use the "Buy Algorand" form widget at the top of this page to instantly see the available options to purchase Algorand in your country.
    Alternatively, you can also click on the "Buy Crypto" link at the top of the Binance website navigation to learn about the available options to buy Algorand in your country. Binance offers the opportunity to buy Algorand with credit card, debit card, Apple Pay, Google Pay, Binance P2P, or various third-party payment channels.
    Binance offers several ways to buy Algorand*:
    • Debit/Credit Card
    • Google Pay/Apple Pay
    • Binance P2P
    • Binance Convert
    • Spot Market
    • Third-Party Payment Channels

    *Availability of products and services depends on your jurisdiction.
    For better coin compatibility, you can consider buying a stablecoin first, and then use it to buy Algorand.
    1. Buy Algorand with Debit / Credit CardIf you are a new user, the easiest and safest option to buy Algorand is with a debit or credit card.
      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 bought or other crypto assets 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 buy order.
      7. You will be redirected to your bank's OTP transaction page. Follow the instructions to verify the payment.
      8. Once verified, the purchased will appear in your Spot Wallet.
    2. 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 Algorand" 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 buy order.
      7. The coin will appear in your Spot Wallet.
    3. Buy Algorand with Binance Convert
      1. Navigate to [Trade] - [Convert & Block Trade].
      2. Choose between the available modes: Instant, Recurring, or Limit.
      3. Select the token you want to convert from in the [From] field, and choose Algorand in the [To] field.
      4. Preview the quote and confirm your transaction before the timer expires.
      5. Once processed, your Algorand will be distributed to the selected wallet.
      6. For more details, read our How to Use Binance Convert guide.
    4. Buy Algorand with Binance Spot
      Binance Spot allows you to buy Algorand at real-time market prices with access to advanced order types, deep liquidity, and hundreds of trading pairs.
      1. Navigate to [Trade] - [Spot].
      2. In the search bar, type ALGO and choose a supported trading pair (e.g., ALGO/BTC or ALGO/USDC).
      3. Choose your preferred order type:
        1. Market Order: Buy Algorand instantly at current market price
        2. Limit Order: Set your own price to buy Algorand once the market reaches it
      4. Enter the amount of Algorand you want to purchase.
      5. Click Buy Algorand to execute your order.
      6. Once processed, your purchased Algorand will be available in your Spot Wallet.
    5. Third Party PaymentThere 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.
    After you buy Algorand, you can either store it in your personal crypto wallet or simply hold it in your Binance account. You can also trade Algorand for other crypto or stake it on Binance Earn for passive income. If you would like to trade your Algorand on 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 bookmarks.

Trade ALGO for Other Crypto

After buying Algorand, you can also trade it for fiat and other cryptocurrencies. Binance offers thousands of trading pairs, giving you the flexibility to enter and exit the market with ease.
Explore more Crypto Pairs

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Why Choose Binance to Buy Algorand?

Binance provides a secure, fast, and flexible way to get started with buying Algorand. Choose from multiple payment options, trade instantly, and enjoy a seamless experience whether you're on the Binance App or Web.

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.

What Can You Do After You Buy Algorand (ALGO)?

Explore how to use your cryptocurrencies with Binance.

Spot

Buy and sell cryptocurrencies on the spot market.

Earn

Deposit your crypto holdings and earn; 180+ coins supported.

Pay

Use your crypto for purchases, send crypto anywhere globally.

Learn More About Buying Algorand (ALGO)

1
How Can I Safely Buy ALGO on Binance?

To buy ALGO safely on Binance, create an account, complete identity verification, and select your preferred payment method. Binance offers secure transactions through various methods, including credit cards, debit cards, bank transfers, and P2P trading.

2
Which Payment Methods Can I Use to Buy ALGO on Binance?

Binance supports multiple payment methods for buying Algorand, including credit cards, debit cards, bank transfers, P2P trading, Binance Convert, Spot, and third-party services like Apple Pay and Google Pay. Availability may vary depending on your country.

3
How to Buy Algorand With a Credit Card?

To buy Algorand with a credit card on Binance, simply choose the "Buy Crypto" option, select your card as the payment method, and follow the instructions to complete your Algorand purchase.

4
How to Buy Algorand With a Debit Card?

Buying Algorand with a debit card works much the same as credit card purchases. Choose the "Buy Crypto" option, select your card as the payment method, and follow the instructions to complete your Algorand purchase

5
Can I Buy Algorand Using My Local Currency?

Yes, Binance supports Algorand purchases with many local currencies via card payments, bank transfer, P2P, and third‑party channels.

6
How to Buy Algorand With Other Crypto?

If you already hold crypto, you can swap it to ALGO in minutes by using Binance Convert. To get started, select the token you want to sell in [From] and select ALGO in [To]. Then, preview the quote and confirm your transaction before the timer expires. As the other option, you can buy Algorand with crypto by placing a Spot order on a relevant trading pair.

7
Can I Buy Algorand on Binance?

Yes, ALGO is available on Binance for trade and purchase. Follow the steps above to complete your purchase.

8
Can I Buy Algorand Without KYC?

Binance requires identity verification, or Know Your Customer (KYC), to enhance account security and comply with global regulations. Completing verification ensures a safer trading environment for all users. Please visit How to Complete Identity Verification for more info.

9
Which Cryptocurrencies Can I Buy on Binance?

Over 500+ cryptocurrencies are listed on Binance for trade and purchase. To explore the full list of available cryptocurrencies, head to our coin price directory.

10
Can I Buy Less Than One Algorand?

Yes. Algorand is a divisible asset, so you can buy even a fraction of 1 Algorand if you plan to invest. On Binance, you can start investing with as little as $10.

11
How Can I Store My Algorand ALGO?

You can store your Algorand either on the exchange or in self-custody. Keeping crypto in your Binance Spot Wallet or Binance Wallet offers instant trading, secure withdrawals, and protection via the SAFU fund. For offline storage, you can use a hardware wallet, where you control the private keys. Always enable two-factor authentication and store your recovery phrases securely offline.

12
Is It Safe to Keep My Algorand on Binance?

To help protect your assets, we employ high security practices such as real-time risk monitoring, 2FA, anti-phishing codes, device and withdrawal whitelists, and the SAFU insurance fund. For the best protection, enable all recommended security settings, use strong passwords, and regularly review your devices and withdrawal rules. If you want to have maximum control over your crypto, then consider self-custody with your own crypto wallet while keeping your recovery phrase offline.

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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.