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Sell
Phala

Cash out of Phala with flexible funding options

Sell
Phala

Cash out of Phala with flexible funding options

Sell Phala

Get the Kraken app

Sell Phala

How to sell Phala

Create your free Kraken account

Verify your details to get started

Send PHA to your Kraken account

Deposit PHA in your secure Kraken account

Sell Phala instantly

Enjoy ultra-fast PHA transactions & withdraws

In the past 24 hours, Kraken clients traded 356 845 PHA worth 38 255 $.

Why sell Phala with Kraken?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Instant transactions & withdrawals

Flexible withdrawal options

World-class
security

Take advantage of our flexible payment options to sell Phala using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

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?

Before you sell your Phala, learn more about the different ways you can put your Phala to work with Kraken.

Phala rewards

See if you can earn rewards

Trade Phala for NFTs

Collect & trade NFTs

Swap Phala for other assets

Explore the most popular Phala trading pairs on Kraken before you swap Phala for cash, stablecoins or other digital assets.

Phala FAQ

Can I sell Phala for USD?

Yes, you can buy and sell Phala using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Phala.

How do I convert Phala to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Phala. Once you convert your Phala to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out Phala taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is Phala worth right now in USD?

At the current Phala price, one PHA is worth 0.107202. Kraken makes it easy to sell Phala for USD in minutes.

How do I get my money after selling Phala?

After you sell your Phala using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell Phala instantly?

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

Learn more about Phala

What are the fees for selling Phala?
Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.
Which cryptocurrencies can I sell on Kraken?
Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including Phala.
What is a Phala ATM?
A Phala ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Phala and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.
Where can I sell Phala?
While you can use a variety of different methods to sell your Phala, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling Phala.
Should I sell Phala now?
Deciding when to sell Phala depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

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