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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Algorand by Killer Bean

Revainrating 4 out of 5

Algorand

It supports scalability, Algorand works in the basis of PoS ( proof of stake) . it is an open sourse block chain company which promotes its ideas towards crearing a free flowing economy. Presently it is one of the best investment platform. The Also is the native token of A lg or and. It can be used to make transactions , pay bills and even exchange for other coins or tokens . it can interestingly be use to pay back loans. Since it accepts fiat currencies , I can easily get my Algo Coins. First i create my account, then undergo the two step authentication, I go to the purchase section and make my purchases . There's risk in this investment as they wont be held responsible for any breach in security related problems. To earn Algo coins its best you stake them. Because you cant mine them
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Pros
  • it is supporting fiat currencies
Cons
  • Not mineable

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