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Market cap rank
81
Market cap
941,404,167
Circulating supply
9,055,835,114
Max supply
10,000,000,000

About Algorand

Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. It uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more complex blockchain solutions.

  • Algorand uses a Pure Proof-of-Stake (PPoS) consensus mechanism, which is a variation of Proof-of-Stake.
  • Algorand natively supports Python for developing decentralized applications.
  • Algorand is categorized as quantum-resistant.
  • Algorand is part of the Coinbase 50 Index and GMCI Layer 1 Index.
  • Algorand's ecosystem includes real-world assets (RWA) and is backed by Multicoin Capital and DWF Labs.
Consensus
proof-of-stake
Token standard
native

Local market

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Mid-market rate 1 ALGO = 0.1132 USD via coingecko · 2m 53s ago Offers updated 2m 52s ago
Exchange Price
CEX.IO Best rate CEX · 2m · Card · Mastercard
Funding conditions
  • CARD DEPOSITS Countries where card payments aren’t available: Afghanistan, Algeria, Bangladesh, Bolivia, Bosnia and Herzegovina, British Virgin Islands, Burundi, Cambodia, Central African Republic, China, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Ethiopia, Guam, Guinea Bissau, Guyana, Iran, Iraq, Japan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Morocco, Nepal, Pakistan, Puerto Rico, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, United States Virgin Islands, Vanuatu, Venezuela, Yemen, Zimbabwe.
  • New customers (under 3 months from the identity verification) have a maximum daily limit of $1,000 and a maximum monthly limit of $3,000. After 3 months applied standard payment method limits.
  • Varies by provider and country, please check before a transaction.
0.1131 USD Buy
CEX.IO CEX · 2m · Card · Visa
Funding conditions
  • CARD DEPOSITS Countries where card payments aren’t available: Afghanistan, Algeria, Bangladesh, Bolivia, Bosnia and Herzegovina, British Virgin Islands, Burundi, Cambodia, Central African Republic, China, Cuba, Democratic People's Republic of Korea (DPRK), Democratic Republic of the Congo, Ethiopia, Guam, Guinea Bissau, Guyana, Iran, Iraq, Japan, Lao People's Democratic Republic, Lebanon, Libya, Mali, Morocco, Nepal, Pakistan, Puerto Rico, Somalia, South Sudan, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, United States Virgin Islands, Vanuatu, Venezuela, Yemen, Zimbabwe.
  • New customers (under 3 months from the identity verification) have a maximum daily limit of $1,000 and a maximum monthly limit of $3,000. After 3 months applied standard payment method limits.
  • Varies by provider and country, please check before a transaction.
0.1131 USD Buy
CEX.IO CEX · 2m · E-wallet · PayPal 0.1131 USD Buy
Kraken CEX · 2m · Bank transfer · Wire Transfer · FedWire (Dart Bank) · Dart Bank 0.1132 USD Buy
Kraken CEX · 2m · Bank transfer · ACH Transfer · ACH (Plaid) · Plaid 0.1132 USD Buy
Kraken CEX · 2m · E-wallet · PayPal 0.1132 USD Buy
Kraken CEX · 2m · Bank transfer · SWIFT Transfer · SWIFT (Bank Frick) · Bank Frick 0.1132 USD Buy
Kraken CEX · 2m · Bank transfer · SWIFT Transfer · SWIFT (Customers Bank) · Customers Bank 0.1132 USD Buy

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