As of December 2021, you can buy Algorand with Perfect Money on HiExchange Platform with least commission. ALGO is a popular cryptocurrency expected to have a boom in 2022 hence the demand to buy it. The innovative Algorand blockchain network is a highly scalable Ethereum competitor looking to solve blockchain trilemma. In this article, we will go through everything you need and all the steps to buy Algorand with Perfect Money.
Head over to HiExchange platform to buy ALGO.
What is Algorand?
Officially launched in 2019, Algorand is a proof of stake blockchain network with great emphasis on scalability and speed. As on open-source and decentralized network, Algorand is not a new idea to begin with. However, where it proves to be different is the unique design that allows for faster consensus. With a two-tiered structure, this payment-focused network achieves amazing scalability.
Currently, Algorand network can process over 1000 transactions per second while transaction finality takes less than five seconds. At this point you might say that there are faster networks out there. Well, yes but actually no!
We’ve previously talked about the blockchain trilemma on this blog. Essentially, it is difficult and rare for a blockchain to offer security, speed and decentralization. For example, Solana network is one of the fastest ones out there but it is not that decentralized. In that regard, Algorand is maintaining all positive aspects of an ideal blockchain at once.
ALGO is the native token of the network and is currently ranked 23rd with a market cap of over $8.5 billion.
Why Buy Algorand with Perfect Money?
Perfect Money is an e-currency used for making payments on the internet. It is widely accepted as payment option by countless platforms. With Perfect Money, you can do a lot! Be it transferring funds to others or pay for goods and services. Or how about buying cryptocurrencies or even buying fiat currencies. It is a seriously popular payment method for online users. An additional capability is to loan and receipt issuance throughout the system.
The biggest downside of Perfect Money, however, is that you cannot cash Perfect money to your bank account on its website directly. For that, you will need a platform like HiExchange to exchange your Perfect Money to PayPal and other e-currencies.
To learn all about Perfect money continue reading “What is Perfect Money”.
That being said, you can also buy Algorand (ALGO) with other currencies such as Webmoney and Tether.
The HiExchange Platform
HiExchange is an online exchange that offers everything you need from a platform.
Truthfully, it is a rare combination for an online exchange to offer anonymity, lowest exchange rates and unparalleled reliability altogether.
We respect our customer’s privacy by not asking for their personal information. The best way for anyone to protect their information is to not disclose them at all. In that regard, not having KYC or sign up is the best method.
Furthermore, the platform utilizes an automated system to determine the best exchange rates at all times. Our words sound too good? Just pay a visit to ranking websites such as BestChange and OkChanger and see for yourself.
Lastly, according to Murphy’s law “anything that can go wrong will go wrong”. To stay ahead of any problems, we offer 24/7 customer support.
How to Buy Algorand with Perfect Money?
Here are the five easy steps to make the purchase:
- Enter the homepage first, then select Perfect Money and Algorand from the options in the first step. Enter the amount you want to exchange. Following that, the amount of ALGO you will receive will automatically calculate.
- Press Exchange and you will go to the next stage where you will enter your Algorand wallet details, email, and phone number.
- One more time, click on the “Exchange” button and you will go to the next step where you will review your order.
- Complete the captcha and click on exchange to go to the next step where you will obtain a tracking ID. Press the “Pay Order” button to go to the Perfect Money gateway and make the payment to our Perfect Money account. Having transferred your Perfect Money to HiExchange, your order will process very quickly.
- By finishing all the steps above, our team of professionals will send the ALGO to your wallet ASAP.
Success!
At this point, our sales team will process your order and transfer Algorand to your wallet. It might take a short while for the transaction to be completed. In the meantime, you can stay right here on HiExchange Blog to read some of the latest news about cryptocurrencies.
