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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.
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.
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.
Uniswap is a decentralized exchange (DEX) for swapping tokens, which uses an automated market maker (AMM) model that allows users to trade against a liquidity pool. While this is obviously a good option to purchase Phantasma (SOUL), we only recommend this platform for advanced users. Due to the fact that this is exchange is decentralized, you are liable for any losses due to errors made.
Learning to use decentralized exchanges is not for the faint of heart. We recommend KuCoin instead.
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