Algo can be traded with Tether, in ALGO/USDT trading pair on LATOKEN. Algo is the native cryptocurrency on the Algorand Blockchain. It is used to pay for gas fees, transactions and supports the network. It can be used as a store of value. It can be used to buy and sell and transact. Algorand has a unique rewards structure. Algo coin holders are able to earn rewards by participating in the ecosystem, by holding a designated amount of Algo coins in their wallet or exchange. The Algo token is used to make transactions and make payments. It can process 1,000 transactions per second and uses Proof of Stake (PoS) mechanism. Algorand blockchain allows developers more alternatives, to build decentralized applications (dApps) and defi applications using its smart contracts. Algorand provides developers Algorand Standard Asset protocol, to create new tokens with lower transaction fees.