Introduction
When purchasing Phala Network, there are several factors to consider, including choosing an exchange to purchase it from and transaction method. Fortunately, we’ve compiled a bunch of reputable exchanges to help you with the process.
Step-by-step
- 1
Choose an exchange
Research and select a cryptocurrency exchange that operates in the in your country and supports Phala Network trading. Consider factors such as fees, security, and user reviews.
- 2
Create an account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
- 3
Fund your account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
- 4
Navigate to the Phala Network market
Once your account is funded, search for "Phala Network" (PHA) in the exchange’s marketplace.
- 5
Choose a transaction amount
Enter the desired amount of Phala Network you wish to purchase.
- 6
Confirm purchase
Preview the transaction details and confirm your purchase by clicking the "Buy PHA" or equivalent button.
- 7
Complete transaction
Your Phala Network purchase will be processed and deposited into your exchange wallet within minutes.
- 8
Transfer to a hardware wallet
It’s always best to keep your crypto in a hardware wallet for security reasons. We always recommend Ledger or Trezor.
What to be aware of
When purchasing Phala Network, it’s important to choose a reputable exchange that is easy to use, and has reasonable fees. Once you’ve done this, always transfer your crypto a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest movements
Phala Network (PHA) is currently priced at $0.1996, with a 24-hour trading volume of $6.57M. In the last 24 hours, Phala Network has seen an increase to 2.31. The market cap of Phala Network stands at $139.81M, with 715.81M in circulation. For those looking to buy or trade Phala Network, reputable platforms like Binance offer avenues to do so securely and efficiently.
- Market cap
- $139.81M
- Volume
- $6.57M
- Circulating supply
- $715.81M
