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How to buy Algorand in Canada (CA)

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    What you’ll learn about Algorand

  • Where and how you can buy Algorand.

    We’ve included detailed instructions to make it easier for you to buy Algorand.

  • Some market stats about Algorand in Canada.

    This includes price analysis of Algorand and other research opportunities you may be interested in.

  • Other crypto similar to Algorand.

    And how to buy other crypto assets in Canada.

Price of Algorand (24H)

CA$0.32

1.53%

Introduction

When it comes to buying crypto like Algorand, there are a lot of factors that come into play, such as location and protocol. Fortunately in Canada, you can buy Algorand on Coinbase’s centralized exchange. Coinbase is the most trusted place for people and businesses to buy, sell, and manage Algorand. It’s quick and easy. Here’s a step-by-step guide on how to buy Algorand.

Step-by-step

  1. 1

    Create a Coinbase account

    Download the Coinbase app and start the sign up process. You will need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live.

  1. 2

    Add a payment method

    Tap on the payment method box and connect a payment method. You can use a bank account, debit card or initiate a wire.

  1. 3

    Start a trade

    On Coinbase.com, select Buy & Sell. On the Coinbase mobile app, tap the ( + ) Buy on the Home tab.

  1. 4

    Select Algorand from list of assets

    On Coinbase.com, click the Buy panel to search and select Algorand. On the Coinbase mobile app, search for Algorand by typing “Algorand” into the search bar. When you see Algorand appear in the results, tap it to open up the purchase screen.

  1. 5

    Enter the amount you want to buy

    Use the number pad to input the amount you want to spend in your local currency. The app will automatically convert that into a Algorand amount. You can tap the arrow buttons to the right of the amount of money you want to spend to switch the number to the equivalent amount of Algorand

  1. 6

    Finalize your purchase of Algorand

    Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase by clicking “Buy now”.

  1. 7

    Done

    Once the order processes, you’ll be taken to the confirmation screen. That’s it, you’ve bought Algorand.

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Research

Algorand is on the decline this week.

The latest ALGO price is CA$0.32. Compared to Algorand's value of CA$0.32 from 24 hours ago, there's been a 2% increase, while the current price is -1% down from CA$0.32 which was recorded one week ago. Algorand's all time high is CA$3.93, which was reached on November 18, 2021. This is a -92% change from its price today.

The current circulating supply of Algorand is 8,600,151,559. This is 86% of its max supply of 10,000,000,000 ALGO and 86% of its total supply of 10,000,000,000. The market cap is currently CA$2.75B, which is a result of multiplying the current price of Algorand(CA$0.32) by the total supply(10,000,000,000 ALGO). The fully diluted valuation of Algorand is CA$3.20B. The diluted valuation of Algorand is CA$3.20B.

Algorand is the #15 most popular crypto that is currently traded on Coinbase. Algorand currently has a 0% dominance, meaning it makes up that percentage of the total crypto market cap. The trading volume in the past 24-hour period is CA$144.88M. While the trading volume in the last 7 days is CA$793.60M, or an average of CA$113.37M, which would be a CA$31.51M increase from the last 24h trading volume. The trading volume in the last 30 days is CA$4.76B, or an average of CA$158.54M, which would be a -CA$13.65M decrease from the last 24h trading volume.

Market cap

CA$2,749,781,403.91

Volume (24h)

CA$144,884,769.99

Circulating

CA$8,600,151,558.80

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FAQ

Can I buy Algorand on Coinbase?

Yes, Algorand is currently available to buy on Coinbase's centralized exchange.

How much does it cost to buy Algorand?

Right now, it costs about CA$0.32 to buy of 1 Algorand.

Can I buy Algorand with cash?

You can buy Algorand on Coinbase with an approved payment method, including a bank account, a debit card, or you can initiate a wire transfer.

How to buy Algorand using PayPal?

Currently, only US customers are able to buy Algorand or add US dollars using PayPal. All other customers are only able to use PayPal to cash out or sell, and transaction availability depends on region.

How to buy Algorand with a gift card?

You can use a digital gift card purchased from online merchants to redeem on Coinbase accounts for the purchase of Algorand. Gift cards are currently only available in the U.S. at this time (redemption excluded in Hawaii). For more information on how to use and redeem gift cards, check out our help center.

How much is the fee to buy Algorand?

Coinbase may charge a fee to buy Algorand. Fees are calculated at the time you place your order and may be determined by a combination of factors, including but not limited to your location, the selected payment, the size of the order, and market conditions such as volatility and liquidity. Fees for buying Algorand will be listed in the trade preview screen before you submit your transaction and may differ for similar transactions.

How to buy Algorand with credit card?

There are several payment methods you can use to buy Algorand. A full list of payment methods and best use cases can be found in our help center. At this time, credit cards cannot be used to purchase Algorand.