After kicking off the year with Solana, we are listing another top coin on our exchange - Algorand (ALGO).
The deposits will be available from February 15, 2022 15:00 CET and trading starts on February 17, 2022 12:00 CET. From February 15, our users will be able to buy and sell ALGO in the following currency pairs:
What is Algorand?
Algorand is a decentralized blockchain technology network, with its native currency being known as ALGO.
The idea behind Algorand was to combine the features of mainstream, well-established cryptocurrencies – such as decentralization, transactions without a central authority, easy-to-divide tokens – but with added speed and less computing power necessary to run the system. It’s technology allows Algorand to approve and process transactions in seconds, as opposed to minutes with Bitcoin.
According to Coinmarketcap, as of Friday, February 11, 2022 ALGO’s total market cap is $6.5 billion USD, and it ranks #27 from all the cryptocurrencies globally.
To check all the cryptocurrencies available on Zonda, please visit https://zondaglobal.com/en/exchange-rate.