How to Purchase Bitcoin (BTC) with Algorand (ALGO)

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