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Algorand (ALGO) Price today

Algorand live price

*The values shown correspond to the price in Ripio Wallet.

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Cryptocurrency
Red
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Network
Network
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The performance of each protocol is linked to market conditions and can vary constantly. For your safety, you can see more information about active protocols.

How to buy Algorand

01

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02

Charge balance to get started

You can now deposit pesos with a transfer or Mercado Pago.

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03

Buy ALGO

Save, hold, make them surrender, send crypto or withdraw your funds whenever you want.

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In our app you will have access to many possibilities beyond Algorand: payments with a crypto prepaid card, staking, DeFi, cryptodollar, access to the web3 ecosystem and much more.

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Algorand FAQs

What is Algorand?

‍ Algorand is a blockchain that seeks to solve the “blockchain trilemma”: to create a network that is decentralized, fast and secure at the same time. It was created by the MIT professor and winner of the Turing Award, Silvio Micali.

What is ALGO?

‍ALGO es la criptomoneda nativa de la red Algorand. Se utiliza para acumular valor, realizar pagos y participar en el mecanismo de consenso "pure proof-of-stake" de la red.

What is the “blockchain trilemma”?

‍ The blockchain trilemma refers to the difficulty of creating a network that is simultaneously decentralized, fast and secure. Algorand addresses this challenge with an innovative design that balances these three aspects.

How does “pure proof-of-stake” work in Algorand?

‍ The blockchain trilemma refers to the difficulty of creating a network that is simultaneously decentralized, fast and secure. Algorand addresses this challenge with an innovative design that balances these three aspects.

What are the benefits of using Algorand?

‍ At Algorand, anyone who has at least 1 ALGO can participate in the consensus process and receive rewards. This mechanism is more efficient and consumes less resources than “proof-of-work”.

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