How to Purchase Algorand (ALGO) with Ethereum (ETH)

To purchase Algorand using Ethereum, first, find a cryptocurrency exchange that supports the ALGO/ETH trading pair, such as Binance, BTSE, Kraken or Kucoin. Create an account, verify your identity, and deposit your ETH into your exchange wallet. Locate the ALGO/ETH pair on the trading platform and place an order to exchange your Ethereum for Algorand. If the ALGO/ETH pair is unavailable, you can first exchange Ethereum for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Algorand. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.