Buy Algorand safely with Finst

Buy and store Algorand safely and easily with the lowest fees in the Netherlands. Monitor Algorand price in EUR on crypto platform Finst.

  • Lowest trading fees: 0,15%
  • Buy ALGO with iDEAL, Bancontact or SEPA bank transfer
  • Store Algorand safely
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Buy Algorand with the best crypto exchange

  • Easy and smart

    We make investing in Algorand easier, safer and faster than ever before. With the lowest trading fees and full transparency.

  • Lowest trading fees

    On average 83%* lower fees than other crypto exchanges, with the best possible execution price for your ALGO. No hidden fees.

  • Trusted platform

    Registered with De Nederlandsche Bank (DNB) with leading security and compliance standards.

  • Premium support

    Always there when you need us. Our crypto experts are ready to help you via chat, e-mail or telephone in Dutch and English.

  • Algorand is a cryptocurrency that aims to address some of the limitations and challenges faced by earlier blockchain platforms, such as scalability, security, and decentralization. It was founded in 2017 by Turing Award-winning cryptographer Silvio Micali. Algorand operates on a proof-of-stake (PoS) consensus mechanism, which enables high transaction throughput, low latency, and energy efficiency.

  • Algorand's design revolves around a unique consensus algorithm called Pure Proof-of-Stake (PPoS). In this algorithm, a random subset of token holders is selected as the committee for each block. The committee is responsible for validating and finalizing transactions, as well as for proposing new blocks. The selection process is conducted through a cryptographic sortition mechanism, ensuring fairness and preventing malicious actors from gaining control over the network. This committee-based approach allows Algorand to achieve rapid block confirmation times of a few seconds. Another key feature of Algorand is its permissionless blockchain, which means anyone can participate in the network without needing approval from any central authority. This fosters a decentralized ecosystem and promotes inclusivity. Moreover, Algorand ensures security by employing cryptographic techniques such as verifiable random functions and a Byzantine Agreement protocol to guarantee agreement on the state of the blockchain, even in the presence of malicious actors. Furthermore, Algorand has implemented mechanisms to achieve transaction finality, meaning once a block is added to the blockchain, it is practically impossible to reverse. This provides users with a high level of confidence in the validity and immutability of their transactions. Additionally, Algorand's architecture allows for the creation of smart contracts and decentralized applications (dApps) on its platform, opening up possibilities for developers to build a wide range of blockchain-based solutions.

  • With Finst it's easy to invest in ALGO and other cryptos.

    1. Sign up

      Create a free account in 3 minutes to buy, sell and store Algorand with no minimum amount. Your Finst account is accessible worldwide via mobile and desktop.

    2. Deposit funds

      Verify your account and transfer euros to your Finst wallet with iDEAL, Bancontact or instant SEPA bank transfer.

    3. Buy and trade

      Buy and sell over 100 digital assets and pay only 0,15% transaction fees. Store your ALGO in your secure Finst wallet.

  • We don't hide our fees.

    Buy ALGO with a trading fee of 0,15% per transaction and no added spead. That's it. Crystal clear.

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  • Invest in smart Bundles of the top cryptos.

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  • Maximum security. Maximum trust.

    Protecting you and your ALGO is our top priority. Your assets are segregated from ours.

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Who is Finst?

Finst is an Amsterdam-based cryptocurrency exchange led by a team of investment professionals who have previously helped build one of the largest retail investment platforms in Europe. Finst offers the lowest transaction fees in Europe for a wide range of cryptocurrencies through a unique and highly secure platform.

Leveraging decades of combined trading, security and engineering experience, Finst aims to create a level playing field for all crypto investors and remove the high entry barriers associated with investing in cryptocurrency.

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