Home / Crypto Prices / Phala.Network
Phala.Network price
£0.082
Phala.Network price
Past Performance is not a reliable indicator of future results. Learn more about asset risks.
Pricing data is provided by Kraken.
Trading Fees Apply. Visit our fee schedule for more information.
About Phala (PHA)
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.
Phala.Network (PHA) Price Today
Phala.Network price today is £0.082.
902,783 PHA was purchased today on Kraken worth £74,379. Check out the PHA chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive PHA price alerts. Kraken lets you buy and sell 412 cryptocurrencies, including PHA. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.
Phala.Network (PHA) Price History
Phala.Network price is -51.20% over the last year. The highest price of PHA in the last year was £0.39 and the lowest price of Phala.Network in the last year was £0.063.
24h
-1.40%
7d
+13.77%
1m
-16.61%
1y
-51.20%
Trending Cryptocurrencies
Top cryptocurrencies with market data available on Kraken
Top cryptocurrencies by market cap
Biggest gains
Categories
Kraken classes Phala.Network to be within the following categories: Artificial Intelligence, Infrastructure, Smart Contract Platform, Oracle, Polkadot Ecosystem, Ethereum Ecosystem.
Get started with Phala.Network
Buy Phala.Network
Learn how to buy Phala.Network easily and safely through Kraken.
Sell Phala.Network
Cash out of Phala.Network with flexible funding options.
Phala.Network rewards
See if you can earn rewards on your Phala.Network.
Phala.Network FAQ
Can I trade Phala.Network at a lower price?
Yes, you can choose what price you pay for Phala.Network using Custom Orders on Kraken. If the price of Phala.Network reaches to your desired price, the order will execute automatically.
Is now a good time to buy Phala.Network?
Timing the market can be tough, but dollar cost averaging can help. By setting up recurring buys, you can constantly accumulate Phala.Network over time and not worry about whether or not now is the best time to buy.
What is the daily trading volume of Phala.Network?
902,783 PHA worth £74,379 was traded on Kraken in the last 24 hours.
What affects the Phala.Network price?
A variety of factors affect the price of Phala.Network including market sentiment, technical developments, user adoption and macro economic events.
How do I read the Phala.Network price chart?
To read the Phala.Network price chart, it can be useful to start by understanding the X-axis (which represents time) and the Y-axis (which represents the price). A line chart connects a crypto asset's closing prices with straight lines to clearly display its performance over time.
How can I analyze prices with the Phala.Network chart?
Analyzing price movement using the PHA chart can involve identifying areas of support and resistance, or using technical analysis which is the study of past price movements to forecast future trends. However, it's important to remember that no method can predict prices with 100% accuracy due to the market's volatility.
Phala.Network Dollar Cost Averaging Calculator
See how much value you'd have today if you had dollar-cost averaged into different cryptocurrencies.
Crypto Asset General Risks
- Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
- Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
- Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
- Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
- Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.
Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
If you want to learn more about specific risks related to Phala.Network, please visit our crypto asset statements page.
Phala.Network markets
Explore popular Phala.Network trading pairs on Kraken. You can swap PHA for cash, stablecoins or other digital assets.
Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Phala.Network. Check out some of the top British Pound trading pairs on Kraken today.
Payward Ltd (trading as Kraken) is registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768) registered office at 6th Floor, One London Wall, London, United Kingdom, EC2Y 5EB. Cryptoasset services offered by Payward Ltd are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Note the value of cryptoassets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.