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Table Of Contents
The Phala Network operates as a parachain (an application-specific data structure that is globally coherent and validatable) of the Polkadot network. It is designed, first and foremost, to offer scalable computing services that are comparable to existing cloud computing services, all while maintaining the privacy of the hosted program. It's based on the TEE-Blockchain Hybrid Architecture that enables developers to deploy confidential smart contracts.
To learn more, visit our Investing in Phala Network guide.
How to Buy Phala Network (PHA) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Phala Network (PHA) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Phala Network – Use your funds to Buy PHA.
We list the top 5 exchanges that offer the ability to buy Phala Network (PHA) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Phala Network (PHA). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
German & Netherlands residents are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry, with over 9,000,000 users and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets, including Phala Network (PHA). For more sophisticated investors, Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries, including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Phala Network (PHA) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA residents are prohibited.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Phala Network (PHA) here are both lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Phala Network (PHA) trading opportunities and currently accepts clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.
USA residents are prohibited.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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