How to Buy Phantasma | Buy SOUL in 4 Steps (June 2023)
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Table Of Contents
Phantasma envisions itself as a ‘one-stop shop' for NFTs, gaming, and dApps. While it boasts similar abilities to many likeminded blockchains, one feature that sets Phantasma apart is its ability to mint ‘smart NFTs'. These are non-fungible assets that can have enhanced features built in. This could take shape as a growing creature, or the ability for multiple NFTs to work together as one (pieces of a transformer coming together to form a new entity).
Phantasma not only brings increased functionality to NFTs, it does so in ‘green' fashion, with the intent on becoming carbon neutral. It hopes to do so through a strategic partnership with Save Planet Earth – a company facilitating reforestation.
Within the Phantasma ecosystem, governance tokens known as ‘SOUL' are put to use. With hard-cap of 94 million, these tokens provide holders with not only the ability to stake, but to vote on project proposals.
SOUL tokens do not function alone though – Phantasma is a dual token system. The second token put to use is known as ‘KCAL', and functions as a means of payment for transactions on the network. It is also given as a reward to those who stake their SOUL holdings.
How to Buy Phantasma (SOUL) 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 Phantasma (SOUL) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Phantasma – Use your funds to Buy SOUL.
We list the top 3 exchanges that offer the ability to buy Phantasma (SOUL) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
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 Phantasma (SOUL) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
This exchange currently accepts USA residents.
Read our KuCoin Review or visit KuCoin.
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Phantasma (SOUL), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
Read our Gate.io Review or visit Gate.io
PancakeSwap is a decentralized exchange designed to swap tokens on the Binance Smart Chain. This is one of the more popular DEX models since it is backed by Binance. Similar to other exchanges of its type, PancakeSwap uses an automated market maker (AMM) model, which allows for users to trade against a liquidity pool.
The interface and terminology on the website can be confusing, making the exchange appropriate for advanced users only. If you simply wish to buy Phantasma (SOUL) as an investment than we recommend KuCoin instead.
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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