PHALA

PHA

$0.0663

-2.09%

PHALA price

Not enough price history for this period yet.

Where to buy

Finst

Finst

€20 free Bitcoin

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Bitvavo

Bitvavo

€10K fee-free trading

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Buy PHALA with iDEAL or Wero

Buy PHALA easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy PHALA?

Buying PHALA through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy PHALA: Go to the PHALA page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, PHALA appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

PHALA margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade PHALA on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about PHALA

Answers auto-summarised from live price and sentiment data for PHALA.

Phala Network is a decentralized cloud computing platform that aims to provide secure and scalable smart contract execution. It focuses on privacy-preserving computation using technologies like Trusted Execution Environments (TEEs). This allows for confidential smart contracts and data processing without revealing sensitive information.

The current price of PHA is $0.0644. This value fluctuates based on market trading activity.

The all-time high for PHA was $1.28. This represents the highest price it has reached since its inception.

The current market capitalization of PHA is $55,244,376.91. Its market rank is {{market_cap_rank}}.

In the past 24 hours, PHA's price has changed by +30.18%. This indicates recent market performance.

The current news sentiment for PHA is neutral with a score of unknown. This reflects the general tone of recent news coverage.

Last refreshed:

News sentiment PHA

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About PHALA

PHALA (PHA) is a blockchain network dedicated to providing privacy-preserving cloud computing. Its objective is to empower users to process data within a secure, isolated environment, ensuring that the data itself remains invisible to cloud providers and third parties. The project is founded by a team with extensive expertise in cryptography and distributed systems. PHALA's unique technology is built upon Trusted Execution Environments (TEEs). These are secure, hardware-based enclaves within a processor capable of isolating data and code, even from the operating system. This enables computations to be performed securely, thereby safeguarding data privacy.

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