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Best Resources about Binance Algorand

Best Resources about Binance Algorand

What is the price of Algorand (Algo) on Binance?

Binance has the lowest transaction fee rate amongst all major trading platforms. The live price of Algorand is $ 0.3313805 per (ALGO / USD) today with a current market cap of $ 2.30B USD. 24-hour trading volume is $ 93.22M USD. ALGO to USD price is updated in real-time. Algorand is +3.4% in the last 24 hours.

How to deposit using Algorand (Algo)?

Select your Algorand (ALGO). You can directly type it in the box. We are using BTC in this example. You will be given the wallet address which you can copy to continue depositing. Make sure you are copying the correct one as transactions can no longer be reverted.

What is Algorand (ALG)?

Algorand is an open-source, permissionless, pure Proof-of-Stake (PoS) blockchain. Algorand is an open-source, permissionless, pure Proof-of-Stake (PoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network."

When will the Algorand blockchain be distributed?

The genesis of the Algorand blockchain states that 10 billion ALGO was minted. The distribution of the fixed and immutable 10 billion ALGO will end in 2030, rather than the initial plan of 2024. For more information about Algorand’s tokenomics, see here.

Binance Algorand

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