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How to buy Phala Network

Some cryptocurrencies are harder to obtain than others. Phala Network is one of them. It’s not available on the Coinbase app or Coinbase Wallet. But don’t worry, we’ve provided some hints to help you find a way to buy Phala Network that works for you.

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1. Check CoinMarketCap to see where you can buy Phala Network and with which currencies

For each cryptocurrency, CoinMarketCap provides a list of purchasing options (also known as market pairs). Go to CoinMarketCap and search for Phala Network. Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase Phala Network as well as the currencies you can use to obtain it. Under “Pairs” you'll see the shorthand for Phala Network, PHA, plus a second currency. The second currency is what you can use to purchase Phala Network. If you'd like to purchase PHA with the U.S. Dollar, look for PHA/USD.

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2. Pick a platform to make your purchase

Different platforms have different levels of security, reliability, and liquidity. Before creating an account, do your research.

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3. Make the purchase on your chosen platform

Every platform has a different way of doing things. Some platforms are very easy to use, others not so much.

Generally speaking, purchasing crypto with a fiat currency like the U.S. Dollar will be easier than purchasing it with another crypto.

If you do have to purchase Phala Network with another crypto, you’ll need to first create a crypto wallet that supports Phala Network, then you’ll buy the first currency and use it to buy Phala Network on the platform you chose.

If you get stuck, most platforms provide guides. But if they don’t, there is a vibrant community of crypto enthusiasts that have likely posted guides on Youtube, Twitter, and elsewhere.

How to buy other cryptos