Algorand (ALGO) Price — Buy & Swap ALGO

Name: Buy Algorand (ALGO)
Brand: Monivo
Availability: InStock

$0.10-2.16% (24h)Algorand network

Live market data

Algorand (ALGO) can be swapped instantly on Monivo — no account, no KYC and zero added fees. Compare live ALGO rates from every connected provider and receive funds in your own wallet in minutes.

Swap ALGO instantly — no KYC

ALGO / USD — 24H chart

Change21.04%High$0.1095Low$0.0905

Updating…

Live market data · extended history unavailable for this asset

24h2.16%

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30d—

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Algorand statistics

Market cap$904.26M

Fully diluted market cap$1B

24h volume$29.89M

Circulating supply9.04B ALGO

Max supply10.00B ALGO

Total supply10.00B ALGO

All-time high$0.10

Market dominance0.03%

Rank#65

Best aggregated rate

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Non-custodial

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About Algorand (ALGO)

Layer-1 blockchain

Algorand (ALGO) is a pure proof-of-stake Layer-1 built around a promise most chains cannot make: once a block is produced, it cannot be reorganised. ALGO pays fees, secures consensus through staking and underwrites a network aimed squarely at regulated finance rather than open speculation.

The story behind Algorand

Silvio Micali had already won a Turing Award for work on cryptographic proofs when he turned, in 2017, to a narrower problem: could a blockchain reach instant, irreversible agreement without the forking and reorg risk that dogged Bitcoin and Ethereum? Algorand's mainnet launched in June 2019 with a consensus mechanism that answers yes by design rather than by patch. What followed was less a retail growth story and more a quiet institutional one — El Salvador used the network for parts of its blockchain infrastructure, and several central banks chose it for digital-currency pilots, drawn by the same finality guarantee that made Micali's academic case in the first place.

What ALGO is used for

You will not find Algorand chasing memecoin volume; its use case is closer to the plumbing of official finance. ALGO covers transaction fees that run to a fraction of a cent, is staked to earn participation rewards, and secures a chain that governments and institutions use for tokenised bonds, stablecoins and record-keeping systems that need to survive an audit. If you are looking for a network built to satisfy compliance officers rather than degens, this is closer to that end of the spectrum.

Algorand in the market today

Algorand sits in the mid-cap tier, carried by academic credibility and a compliance-friendly niche rather than a sprawling DeFi ecosystem. It competes with Hedera and Stellar for the same institutional pilots, and its usage tends to show up in official press releases before it shows up in on-chain volume — a mismatch that makes it harder than most chains to judge by the numbers alone, and worth remembering before assuming quiet activity means no activity.

How to buy or swap ALGO

Pick ALGO as the asset you want to receive.
Choose what you're paying with — crypto or a fiat card.
Monivo compares every connected exchange and routes your order to the best available rate.
Paste your wallet address and confirm — funds arrive in minutes.

Fees and pricing

Zero added fees: Monivo does not add a platform fee, a minimum or a withdrawal charge — the rate you see is the rate you get. Blockchain network fees are shown in full before you confirm, and the final amount you receive is quoted up front.

Monivo does not add a separate fee or markup to the provider quote. Monivo may earn a commission from the liquidity provider when a completed swap is referred through our platform. Provider spreads and applicable network costs are reflected in the quoted amount.

Network fees are set by the blockchain, not by Monivo. No account, no subscription and no withdrawal charge. Live support is available 24/7.

ALGO swap FAQ

How do I swap Algorand (ALGO) instantly on Monivo?

Pick ALGO as the asset you want to receive, choose what you're paying with, paste your wallet address, and confirm. Monivo routes your order to the provider offering the best rate, and most swaps complete in under 10 minutes — no account needed.

Can I swap ALGO with no KYC?

Yes. Crypto-to-crypto swaps of ALGO on Monivo require no identity verification and no sign-up. Only fiat purchases (card or bank transfer) require KYC, because banks and payment processors mandate it.

Is swapping Algorand on Monivo non-custodial?

Yes. Monivo never holds your funds. ALGO is sent directly to the wallet address you provide, so you stay in control the whole time.

Which network does ALGO use here?

Monivo supports Algorand on the Algorand network. Always double-check that your receiving wallet supports this network before confirming.

What fees apply when I swap ALGO?

Monivo adds zero fees on top. The quote you see already reflects the best aggregated rate across connected providers, including their network and processing costs — all fees are included in the shown amount.

More on fees, limits, KYC and timing: read the full crypto swap FAQ.