LetsExchange, the instant exchange supporting more than 4,000 cryptocurrencies, has started to cooperate with Algorand. The Algorand token (ALGO) is now available for trading on this platform, and the crypto community can easily and quickly exchange it for thousands of other coins and tokens via a user-friendly widget.
Alex J., Chief Product Officer at LetsExchange, commented: “We welcome the start of cooperation with Algorand, one of the key players in the blockchain industry. Adding their ALGO token to our list of supported assets is a development many of our customers will appreciate. We are also sure the Algorand community will appreciate our crypto swap functionality, its user-friendliness, security, and reliability.”
Algorand is an autonomous, decentralized, blockchain-based network that supports various applications. It describes itself as the world’s most green, decentralized, scalable, and secure blockchain ecosystem. The Algorand mainnet went live in June 2019. ALGO is the native token of the Algorand blockchain and is one of the most versatile crypto assets. It is primarily used to pay for transactions but can also be used to purchase on-chain items such as NFTs, goods, and services. The ALGO token also enables holders to participate in DeFi as investors and in governance.
LetsExchange is an industry-leading exchange platform that supports over 4,000 coins and tokens, the biggest number of assets in the market. Along with crypto-to-crypto swaps without mandatory account registration, users can benefit from DEX and onramp/off-ramp functionalities. LetsExchange’s partners can integrate crypto-to-crypto swap functionality through API. DEX and Buy/Sell functionalities are also available through adjustable exchange widgets and Telegram bots.