Algorand (ALGO)

What is Algorand?
Algorand crypto project is a pure proof-of-stake (PoS) protocol with open participation. It’s designed to solve the issues of security, scalability, and decentralization. The protocol excludes the risk of both minor and major cheating and ensures security due to the random choice of the committee members.
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Algorand
Algorand crypto project is a pure proof-of-stake (PoS) protocol with open participation. It’s designed to solve the issues of security, scalability, and decentralization. The protocol excludes the risk of both minor and major cheating and ensures security due to the random choice of the committee members.
What are the Algorand advantages?
No mining
No mining
There’s no need for energy-consuming mining rigs - Algorand cryptocurrency is distributed among token holders according to the number of tokens they have on their wallets
Speed
Speed
The blockchain ensures fast agreement over blocks and transaction confirmation. Whenever you need to sell or buy the token, you can perform a transaction in a matter of a few minutes
Security
Security
The blockchain has a complicated architecture: there cannot be any attacks because the attackers simply wouldn’t know whom to target. Thus, the technology allows for frictionless financial operations
Decentralization
Decentralization
There is no particular team to control the cryptocurrency and the network. The platform enables full governance of ALGO token holders: they can propose changes to the protocols
Availability
Availability
ALGO can be purchased on different crypto exchanges - it’s supported by the most popular platforms. The cryptocurrency is traded in pairs with various other altcoins, so you can easily buy and sell it
Low price
Low price
If you consider this cryptocurrency for a long-term investment, it would be a great choice since ALGO is currently non-expensive but has all the chances to grow in value in the following years
Algorand (ALGO) Wallets
Algorand Price (USD), 24h % Price and Volume
Algorand Price
$ 0.60
24 Hours Price
+ 25.34 %
24 Hours Volume
24 Hours Volume
$ 295 174 470

How to buy ALGO coin?

Want to purchase Algorand coin for fiat or crypto instantly? Robopay is a fast and reliable online crypto exchange that performs flawless and simple transactions and eliminates the need to navigate third-party websites. Just choose the amount of ALGO to buy, select the payment option, and receive ALGO tokens to your wallet in a few minutes!

Enjoy simple crypto trading and don’t forget to check our blog to discover Algorand price predictions and other useful info.
Algorand news
Crypto-world vs COVID-19: how the crypto community fights the virus pandemic
Binance, TRON, Ripple Labs, dozens of other companies, and thousands of ordinary users are trying to contribute to the global war against the spread of coronavirus. We have compiled examples of blockchain companies channeling their resources into the fight against the pandemic.
BlockFi is raising interest rates on bitcoin and ether
Cryptocurrency lender BlockFi revealed it will raise interest rates on Bitcoin and Ether, effective April 1
ConsenSys, EY team up with Microsoft to build an Ethereum-based protocol for enterprise use cases
ConsenSys and Ernst & Young (EY) announced the two firms are developing a new Ethereum-based protocol, dubbed Baseline Protocol, in collaboration with Microsoft.