Algorand (ALGO) is officially live for buying and trading on the Voyager app.
Download Voyager today to buy and trade ALGO. With Voyager, users have the ability to invest and trade crypto commission-free*, across multiple exchanges.
Algorand describes itself as “the technology company that built and developed the world’s first open, permissionless, pure proof-of-stake blockchain protocol that, without forking, provides the necessary security, scalability, and decentralization needed for today’s economy.” Algorand is a decentralized digital currency and transactions platform, enabling “traditional finance and decentralized financial businesses to embrace the world of frictionless finance.”
Having officially launched in 2019, Algorand looks to expand the potential use cases for crypto by advancing transaction speeds and shortening the time it takes transactions to be considered complete on its network.
Algorand’s blockchain network has its own native cryptocurrency, ALGO, that drives the borderless economy and a system of incentives. The digital asset, ALGO, is kept to contribute to the security of the Algorand blockchain, to incentivize network participation, and to aid and assist the Algorand community, ecosystem building, and research.
There are various channels, such as development and research grants, rewards, sales, and more that contribute to how ALGO coins enter the ecosystem. All actions and activities are disclosed with full transparency to Algorand’s community.
Learn more about Algorand here.
Ready to start trading ALGO on Voyager? Download the app and follow the below steps to start now:
How to buy Algorand (ALGO)
- Get the Voyager app: Available in the Apple App Store and Google Play Store, visit and search Voyager or click here to download now.
- Open a Voyager trading account: Fill in your personal information to create a trading account. As a licensed financial institution, know that your personal information is always safe with us.
- Link your bank: Link your bank account by navigating to the User Icon on your Market Screen. On your account page, tap Bank Accounts and add your bank.
- Fund your Voyager account: To deposit USD, go to your account page and tap Transfer Cash or Crypto, then Deposit to Voyager Account and select USD. Next, enter the amount of USD you'd like to transfer and slide the Slide to Deposit USD banner. Now you can trade instantly.
- Buy ALGO: Navigate to the Market Screen scroll until you reach ALGO and tap to access the Algorand page, then tap Buy ALGO. Insert the amount of USD you'd like to spend and slide the Slide to Buy ALGO purple banner to complete your purchase.
Trading on the Voyager app is currently available to all U.S. residents excluding New York state. We are actively working with regulators to expand to New York and internationally in the future.
Sources: Algorand, CoinMarketCap, Kraken
*Additional fees may apply.