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Buy Algorand
$1.501775
1.01%
You have entered more than the instant buy maximum for Algorand.
To order higher amounts please contact our OTC desk
or Buy max of $20,000
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Buy Algorand
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Please Contact Support for further information.
Buy Algorand
CoinSpot buying and selling is temporarily halted for maintenance, we apologise for the inconvenience and will be back soon!
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Please Contact Support for further information.
Buy Algorand
You do not have enough available funds in your account.
You will need to complete an instant deposit via POLi or PayID, or alternatively deposit via BPAY or Cash Deposit.
POLi, BPAY and Cash deposits are available here.
You will need to complete an instant deposit via POLi or PayID, or alternatively deposit via BPAY or Cash Deposit.
POLi, BPAY and Cash deposits are available here.
Price changed
As there can be a lot of volatility with digital currencies, the price can change quickly.
When the price changes by 2% or more while completing your payment, the transaction is canceled and funds are credited to your CoinSpot AUD account.
Unfortunately this has occurred with your transaction. Please try again.
When the price changes by 2% or more while completing your payment, the transaction is canceled and funds are credited to your CoinSpot AUD account.
Unfortunately this has occurred with your transaction. Please try again.
Account over daily limit
We are unable to process the order because it would go over your daily limit.
How to increase your deposit limit
How to increase your deposit limit
Buy order limit
We aren't able to process individual buy orders for ALGO above $20,000.
To put through a larger value you will need to do multiple orders as long as it is within your daily limit.
To put through a larger value you will need to do multiple orders as long as it is within your daily limit.
Buy order minimum
Your order could not be completed as it was below the minimum Buy amount. Please enter a larger amount to complete your order.
Error in processing
There was an error in completing your request.
Please check your order history here and repeat the purchase request if required.
Please check your order history here and repeat the purchase request if required.
What is Algorand?

Algorand (ALGO) is working to solve the three common problems currently faced by many blockchains, which are: security, scalability, and decentralisation.
Algorand was founded by Silvio Micali who has won the Turing Award, which is the highest award from computer scientists. Many believe that with a leader that has proven his capability and innovation in the field, the sky’s the limit for this emerging blockchain project.
- The Algorand blockchain is completely decentralised. This is made possible by the control being distributed among all network users within their system.
- Algorand states that their system finalises blocks in seconds to ensure that transaction speeds are equal to some of the largest global payment networks out there.
- Transaction finality is one of the key differences of Algorand compared to other blockchain projects. The team states that there is no chance of forking and thus no uncertainty in the system.
Algorand was founded by Silvio Micali who has won the Turing Award, which is the highest award from computer scientists. Many believe that with a leader that has proven his capability and innovation in the field, the sky’s the limit for this emerging blockchain project.
How do I buy Algorand?

1.
Deposit funds into your account.

2.
Enter the amount of Algorand (or Australian Dollar equivalent) that you would like to buy.

3.
Click ‘Buy' to confirm your Algorand purchase and your Algorand will arrive in your CoinSpot wallet within minutes.
Don't have an account? Click here.