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.
Buy and sell 200+ cryptocurrencies
Flexible funding options
Dollar cost average your Phala purchases with recurring buys on the Kraken mobile app and get $10 when you refer a friend to Kraken.
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.
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
How is Phala different from normal cash?
Where can I buy Phala?
How do beginners buy Phala?
Is Phala available to buy and sell in my country?
Is Phala a good investment?
Can I purchase Phala using my local currency?
What are the transaction fees for buying Phala?
What is the minimum amount of Phala I can buy?
Can I buy Phala with a debit card?
Can I buy Phala with other cryptocurrencies?
How can I keep my Phala safe?
Can I set up automatic recurring buy orders for Phala?
Will I owe taxes when buying and selling Phala?
Can I transfer Phala from Kraken to my crypto wallet?
Is it safe to leave my Phala on Kraken?
Can I pay for online goods and services using Phala?
What is the current circulating supply of Phala?
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