XREX listed Algorand (ALGO) on 22 September 2022. This further diversifies the list of tokens and coins that users can buy, sell, convert, and trade on the XREX platform. We are glad to offer more investment options to our users after detailed analysis conducted by our security and risk management teams. Factors taken into consideration include (but not limited to) tokenomics, utility, developer team, roadmap, potential, and liquidity.

In this article, we've prepared some basic information about one of our listed cryptocurrency on the XREX crypto-fiat exchange – ALGO.

Basic information:

Coin name: Algorand (ALGO)

Issuer: The Algorand Foundation

Max Supply: 10,000,000,000


Algorand is a decentralized network that aims to support a wide range of applications that can be applied to the real world. Algorand strives to build secure, scalable and efficient systems. ALGO is the native coin of the Algorand blockchain, and can be used to pay for transactions, purchase on-chain items such as NFTs, participate in governance and more.

Important links:

Whitepaper: https://www.algorand.com/technology/white-papers

Official website: https://www.algorand.com/, https://www.algorand.foundation/

We are glad to offer more coins and tokens to our users on the XREX crypto-fiat exchange. However, before investing in any cryptocurrencies, it is important to do one’s own research and have a comprehensive understanding as cryptocurrency trading is subject to high market risk.

Happy trading!

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