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Millions choose Kraken to buy Phala. Start with just $10.




Millions choose Kraken to buy Phala. Start with just $10.

How to buy Phala


Create your free Kraken account

Provide your email address & country of residence.


Connect a funding method

Fund your account with your preferred payment method.


Complete your Phala purchase

Buy Phala with as little as $10.


In the past 24 hours, Kraken clients bought 363,185 PHA worth $40,353.

Why buy Phala with Kraken?

Kraken offers a safe and easy way to get started with crypto. Use our flexible payment methods to instantly buy Phala with a credit card, debit card, bank transfer, and more.

Transactions are instant

Buy and sell 200+ cryptocurrencies

Flexible funding options

Flexible funding options

Kraken level security


Dollar cost average your Phala purchases with recurring buys on the Kraken mobile app and get $10 when you refer a friend to Kraken.

About Phala

Phala Network (PHA) is a Kusama parachain that tackles the issue of trust in the computation cloud. This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around privacy technology already embedded into modern processors, Phala Network's distributed computing cloud is versatile and confidential.

What can you do with Phala?

With Kraken, you can do more with Phala. From making your first trade, to collecting NFTs and utilizing our advanced Phala pro trading tools, all the Kraken features you need are backed by our world-class security and 24/7 support.


Phala rewards

See if you can earn rewards

Trade for NFTs

Trade Phala for NFTs

Collect & trade NFTs

Trade OTC

Trade Phala OTC

High volume Phala orders

API trading

Phala API trading

Automate your trades

Swap Phala for other assets

After you buy Phala, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers deep liquidity and instant trades on over 200 Phala trading pairs.

Phala FAQ

Can I buy and sell Phala instantly?

Yes, it only takes a few clicks to buy and sell Phala after you connect your funding method.

How much does it cost to buy 1 Phala?

At the current market rate, it costs $0.11 to purchase one PHA. Kraken makes it easy to buy Phala in minutes.

Can I buy Phala with a credit card?

Yes, you can buy Phala with a Mastercard or Visa credit card on Kraken. We offer several different ways to fund your account with cash or cryptocurrency.

How to trade Phala

You can trade Phala by first creating a Kraken account. Next, deposit or purchase the amount of PHA to open your position. Once your account is funded, select your desired PHA trading pair and start trading Phala.

Can I buy $100 worth of Phala?

Yes, Kraken offers a secure and easy to buy $100 worth of Phala. At its current price, $100 equals 900.03 PHA.

Is Phala safe to buy?

The Phala price can change dramatically based on market conditions. While Phala is among the most popular cryptocurrencies in the market, you should do your own research on Phala before buying.

Learn more about Phala

  1. How is Phala different from normal cash?

  2. Where can I buy Phala?

  3. How do beginners buy Phala?

  4. Is Phala available to buy and sell in my country?

  5. Is Phala a good investment?

  6. Can I purchase Phala using my local currency?

  7. What are the transaction fees for buying Phala?

  8. What is the minimum amount of Phala I can buy?

  9. Can I buy Phala with a debit card?

  10. Can I buy Phala with other cryptocurrencies?

  11. How can I keep my Phala safe?

  12. Can I set up automatic recurring buy orders for Phala?

  13. Will I owe taxes when buying and selling Phala?

  14. Can I transfer Phala from Kraken to my crypto wallet?

  15. Is it safe to leave my Phala on Kraken?

  16. Can I pay for online goods and services using Phala?

  17. What is the current circulating supply of Phala?

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