Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Algorand (ALGO) in Sweden

Learn how to buy Algorand (ALGO) easily by following a step-by-step guide and compare 10+ crypto exchanges.

Algorand
ALGO- USD
$0.94
+ $0.02 ( + 2.35%)
SMART-CONTRACTS

How to buy Algorand

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Algorand.

  1. Open an account on an exchange that supports ALGO.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Algorand.
  3. Buy Algorand.
    Complete your Algorand purchase and then find the best wallet to store ALGO.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Algorand?

Algorand, founded in 2017, says it’s a permissionless, public and decentralized blockchain. It’s similar to Bitcoin or Ethereum in this respect. It’s designed to serve as a base-level blockchain protocol on which other dapps can be built and smart contracts operated.

One thing that makes Algorand different is that it claims to be highly scalable, so it’s not prone to the same bottlenecks or fee issues that Bitcoin or Ethereum frequently are. It uses a proof-of-stake system that provides immediate transaction finality, which eliminates a lot of the forking problems of earlier blockchains.

Algorand (ALGO) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $6,065,686,880. The current price of Algorand is $0.92177, which is 0.015% lower than yesterday. Prices have ranged between $0.940014 and $0.869281 over the past 24 hours. All prices are listed in US dollars and accurate as of January 26, 2022 12:01 UTC.

Where to buy Algorand

Find an exchange to buy, sell and trade ALGO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bitpanda Cryptocurrency Exchange
Cash, Credit card, Cryptocurrency, Neteller, Bank transfer (SEPA), SOFORT
EUR, GBP, CHF, USD

83
cryptocurrencies

A European exchange which enables users to pay in EUR, GBP, CHF and USD through a variety of payment platforms.
eToro Cryptocurrency Trading
Bank transfer, Credit card, Debit card, Neteller, PayPal, Online banking, Skrill
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

27
cryptocurrencies

Disclaimer: Volatile investment product. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. $50 minimum deposit.
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

236
cryptocurrencies

Finder Exclusive: Sign up with code FINDER15 and get EUR 15 when you spend over EUR 100 each month. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
Changelly Crypto-to-Crypto Exchange
Credit card, Cryptocurrency
USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more

156
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
Bitstamp Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Credit or Debit Card, SEPA, Faster Payments (FPS)
USD, EUR, GBP

45
cryptocurrencies

A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

964
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

495
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
loading

Compare up to 4 providers


Algorand at a glance

Information last updated January 26, 2022 12:01 UTC.
Coin symbol ALGO
Coin Marketcap US$6,065,686,880
Total ALGO supply 6,986,276,354
Circulating ALGO 6,546,472,693
Current price US$0.92177

Algorand price performance over time

Historical prices compared with the price of US$0.92177.

1 hour 0.77%
24 hours 0.02%
7 days 0.91%
14 days 1.70%
30 days -30.09%
60 days -36.19%
200 days -42.64%
1 year -42.44%

How to sell Algorand

You can cash out your ALGO with the same exchange you bought it through:

  1. Sign in to the exchange you have ALGO on.
    If you store your Algorand in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ALGO you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Algorand.

What to consider when buying Algorand

There are risks involved in purchasing any cryptocurrency, and even though ALGO aims to offer more assurances through its money-back and Dutch auction system, it still carries many of the same risks as any other cryptocurrency, including a complete loss of funds in the event of hacking or other misadventure:
  • The prevalence of protocol-level blockchain tokens. There are a lot of base-level blockchain protocols out there, and Algorand is operating in an extremely competitive area.
  • Complications. The Algorand system is complex, and there may be issues with bugs or other errors down the line.
  • Regulatory issues. As a public, permissionless blockchain protocol, Algorand occupies something of a regulatory gray area, and it may be unpredictably affected by regulatory shifts.
  • User participation. Algorand emphasizes user participation, but this might be lacking if everyone is only interested in it for speculation.

Disclaimer: Cryptocurrencies, including Algorand, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ALGO is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Algorand or any other cryptocurrency discussed.


Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site