Buy/Sell Algorand (ALGO) on WazirX

By July 3, 2019March 21st, 20222 minute read

Namaste Tribe! Good news, Algorand (ALGO) is now listed on WazirX as a part of our Rapid Listing Initiative!

You can now buy, sell, trade ALGO in our USDT market on WazirX.

What about ALGO Deposits & Withdrawals?

ALGO is a part of our Rapid Listing Initiative. Hence, we have started ALGO trading without enabling its deposits and withdrawals. What does it mean for you?

  • Deposits — You won’t be able to deposit ALGO from another wallet to WazirX. However, if you want to deposit a high volume of ALGO, we will provide you with a special deposit address, and it will allow you to sell your tokens on WazirX. You can contact us by filling up this form here.
  • Trading — You will be able to buy, sell, trade ALGO in our USDT market. When you buy ALGO, it will appear in your “Funds”
  • Withdrawals — You won’t be able to withdraw ALGO from your WazirX wallet. You can, however, sell it in the USDT market.

Read more about the Rapid Listing Initiative here.

Share this news with everyone by clicking here.

ALGO Trivia

Algorand is a Boston-based open-source software company working towards building a borderless economy. They’ve developed a permission-less, Pure Proof-of-Stake (PoS) protocol with open participation, scalability, security and transaction finality.

Algorand aims to solve the three main problems faced by blockchains today, also known as the blockchain trilemma: security, scalability, and decentralization.

You can read their whitepaper here.

  • Trading price (past 24 hrs): $1.12 USD (₹77.83 INR)
  • Global Trading Volume (past 24 hrs): $132,568,313 USD
  • All time high: $3.23 (₹222.44 INR)
  • Total Supply: 2,585,094,006 ALGO

Happy Trading!

Note: We’re inviting everyone who can provide liquidity for ALGO to contact us. We will provide you with a special deposit address, and it will allow you to sell your tokens on WazirX. You can contact us by filling up this form here.


Priyanka works at WazirX, and is HODLing like most of us.
*Above content is migrated from medium to wazirx blog
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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