How to buy Phala Network (PHA) in Australia

A beginner's guide to buying and selling PHA in Australia.

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How to buy Phala Network

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Phala Network.

  1. Open an account on an exchange that supports PHA.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Phala Network.
  3. Buy Phala Network.
    Complete your Phala Network purchase and then find the best wallet to store PHA.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Phala Network?

Phala Network (PHA) is the 311th largest cryptocurrency in the world by market cap, valued at $171,923,324. The current price of Phala Network is $0.944212, which is 8.970% higher than yesterday. Prices have ranged between $0.951107 and $0.855793 over the past 24 hours. All prices are listed in US dollars and accurate as of September 16, 2021 03:09 UTC.

Where to buy Phala Network

Find an exchange to buy, sell and trade PHA by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

307
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

269
cryptocurrencies

Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

225
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
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Phala Network at a glance

Information last updated September 16, 2021 03:09 UTC.
Coin symbolPHA
Total PHA supply1,000,000,000
Circulating PHA181,834,380
Current priceUS$0.944212
All time highUS$1.39

Phala Network price performance over time

Historical prices compared with the price of US$0.944212.

1 hour 2.08%
24 hours 8.97%
7 days 3.04%
14 days 12.29%
30 days 8.18%
60 days 26.17%
200 days 57.83%
1 year 472.46%

How to sell Phala Network

You can cash out your PHA with the same exchange you bought it through:

  1. Sign in to the exchange you have PHA on.
    If you store your Phala Network in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of PHA you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Phala Network.

What to consider when buying cryptocurrency

Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
  • Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
  • Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
  • Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.

Disclaimer: Cryptocurrencies, including Phala Network, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PHA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Phala Network or any other cryptocurrency discussed.

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