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Phala

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Phala

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

Buy Phala

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Buy Phala

How to buy Phala

You can buy Phala on Kraken's crypto platform. Create your free account and connect a funding method to buy over 200 cryptocurrencies including PHA. Kraken makes it quick and easy to get started.

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 607 543 PHA worth 66 973 $.

Why buy Phala with Kraken?

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

Buy and sell 200+ cryptocurrencies

Enjoy fast and flexible funding options

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What can you do with Phala?

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

Phala rewards

See if you can earn rewards

Trade Phala for NFTs

Collect & trade NFTs

Swap Phala for other assets

After you buy Phala, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Phala trading pairs so you can move in and out of the market with ease.

Phala FAQ

Is Phala a good investment?

The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Phala may be a worthwhile purchase.

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 & sell Phala with confidence.

Can I buy Phala with a debit card?

You can buy Phala with a debit 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. Once sign up is complete and your account is funded, select your desired PHA trading pair and start trading Phala. Our all in one, powerful interface lets you execute your trading strategy.

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 NaN PHA.

Is Phala safe to buy?

The Phala price can change dramatically based on market conditions. You should do your own research on Phala before buying.

Learn more about Phala

How does Phala work?
Unlike traditional currencies, Phala is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Phala. This decentralization means the holders and users of Phala can help to maintain the network.
Where can I buy Phala?
Most find that the easiest and most secure way to purchase Phala is through a reliable cryptocurrency platform like Kraken. While Phala can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Phala.
Is Phala available to buy and sell in my country?
To find out if Kraken offers Phala in your region, please check our Support article to see what cryptoassets are available in your country.
Is Phala a good investment?
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Phala may be a worthwhile purchase.
Can I purchase Phala using my local currency?
Kraken supports six different government-issued fiat currencies including:

US dollars (USD)

Euros (EUR)

Canadian dollars (CAD)

Pounds sterling (GBP)

Swiss franc (CHF)

Australian dollar (AUD)
What are the transaction fees for buying Phala?
Kraken offers a competitive fee structure based on transaction size, asset, payment method and market conditions. Learn more about Kraken’s fee structure.
What is the minimum amount of Phala I can buy?
You can buy as little as $10 worth of Phala on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Phala regularly.
Can I buy Phala with a debit card?
You can buy Phala using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
Can I buy Phala with other cryptocurrencies?
Yes, Kraken makes it easy to purchase Phala using hundreds of other cryptocurrencies. Browse the Phala markets available on Kraken to see how much it costs to buy Phala with other cryptocurrencies.
How can I keep my Phala safe?
While we believe the safest place for your crypto is in your own cold wallet, we strive to be as transparent and secure as possible when you trust us with your Phala. When you choose to keep your Phala on Kraken, it is secured by our globally-recognized security standards.
Will I owe taxes when buying and selling Phala?
Each country handles cryptocurrency taxes differently. It’s recommended you speak with a local professional tax advisor before making any digital asset purchases or reporting your crypto taxes.
Can I transfer Phala from Kraken to my crypto wallet?
Yes, the Phala you buy on Kraken is yours. Kraken makes it easy to withdraw your Phala to any hot wallet or cold wallet that supports Phala. Simply enter the external wallet address and your Phala will be in your wallet a few moments later.
Is it safe to leave my Phala on Kraken?
We take every measure possible to keep the Phala you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Phala. Learn more about our globally-recognized security standards.
What is the current circulating supply of Phala?
The current circulating supply of Phala is 754 280 483 PHA.

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