How to Buy Algorand (ALGO)
AscendEX offers users one-stop services to buy, trade, hodl and earn Algorand (ALGO). Sign up for an AscendEX account to manage your crypto assets with ease.
What is Algorand (ALGO)
Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token.Learn more about Algorand (ALGO)
Where to buy Algorand
Founded in 2018, AscendEX is a global digital asset financial platform created by a group of Wall Street quantitative trading veterans with profound expertise in traditional finance, servicing clients spanning over 200 countries and regions around the world. The platform lists over 200 digital assets from a wide range of industry-leading blockchain projects, which covers DeFi, NTF, Gamefi, Metaverse, Polygon, Solana and other popular ecosystems.
One-click Buy
Buy popular coins (i.e., ALGO) using credit and debit cards with just a few clicks
Stable and Secure
The dynamic combination of hot and cold wallet solutions deployed by the top-notch technical team keep your digital assets (i.e., ALGO) safe
Premier Tokens
Well-designed auctions for popular projects boast industry leading ROIs
Investment Innovations
AscendEX is pioneering the use of staked assets as collateral for margin and futures trading, allowing users to earn interest while trading
How to Buy Algorand (ALGO) on AscendEX?
1. Create a free account
Input your email address or phone number to create a free account instantly2. Buy ALGO with just a few clicks
Have no digital assets
If you don’t have any digital assets, please navigate to the “One-click Buy” page, where you can select the fiat currency (i.e., USD, EUR, INR…) and the payment method (such as Visa, Mastercard, ApplePay…) before starting to buy ALGO. If no ALGO is available on the page, you can purchase USDT first, then exchange USDT for ALGO via cash trading.Have digital assets
If you have digital assets on hand, please directly deposit them into your AscendEX account and exchange the assets for ALGO utilizing the cash trading feature.
What to do after your Purchase of ALGO?
Convert
Convert tokens at market prices free of charge with one click on the Convert page. AscendEX supports the instant conversion of 44 popular tokens.
Cash Trading
As an industry-leading digital asset trading platform, AscendEX offers trading services for over 200+ trading pairs across cash products, including multiple trading pairs for Algorand, such as ALGO/USDT, fully satisfying users’ needs.
Margin Trading
Trading on margin enables you to take large positions by enhancing your buying power with a margin loan. You can trade ALGO to go short or long on the market. Trade ALGO/USDT pair to multiply your profits.
Futures Trading
With the multi-assets collateral mechanism, AscendEX allows users to use one or multiple tokens as collateral while trading futures contracts (i.e., ALGO/USDT) of multiple underlying assets, helping them hedge the risks of the underlying assets and earn profits.
AscendEX Earn
Use idle digital assetsto earn daily rewards by staking them to invest in low-risk crypto derivatives, including DeFi yield farming, liquidity mining, DOT Slot Auction and more.
