We’ve included detailed instructions to make it easier for you.
Some market stats about Phala Network.
We’ve also included other research opportunities you may be interested in.
Other crypto similar to Phala Network.
And how to buy other crypto assets.
Price of Phala Network (24H)
$0.11
-2.03%
Introduction
When it comes to buying crypto, there are a lot of factors that come into play, such as location and protocol. Phala Network is not currently available on Coinbase’s centralized exchange. However, you can still buy Phala Network on Coinbase Wallet, your key to the world of crypto. Here’s how you can buy Phala Network using Coinbase wallet:
Step-by-step
1
Download Coinbase Wallet
A self-custody wallet like Coinbase Wallet is required to purchase Phala Network. Coinbase Wallet is available as a mobile app and browser extension. Download Coinbase Wallet.
2
Choose a Coinbase Wallet username
As part of setting up your Coinbase Wallet, you will need to choose a username. This username lets other Coinbase Wallet users easily send you crypto. You can keep your username private, but you will need one to access the account.
3
Securely store your recovery phrase
When you create a new self-custody wallet, you'll be given a recovery phrase that consists of 12 random words. The recovery phrase is the key to your crypto, meaning anyone with your recovery phrase has access to your crypto. Do not share your recovery phrase with anyone.
We strongly recommend writing these down on paper and storing them securely, as well as using Coinbase Wallet's cloud backup feature.
Remember, do not share your recovery phrase with anyone. Coinbase will never ask you for your recovery phrase. And if you lose your recovery phrase, Coinbase cannot help you access your wallet.
4
Understand and plan for Ethereum network fees
Fees vary based on how busy the network is, how complicated the transaction is, and how fast you’d like the transaction completed. Plan to set aside some money for fees. Learn more about Ethereum fees here.
5
Buy and transfer ETH to Coinbase Wallet
If you don’t have a Coinbase account, you’ll need to create one to buy Ethereum (ETH). Learn more about how to create a Coinbase account and buy Ethereum (ETH) here. The way you transfer ETH to your Coinbase Wallet varies depending on whether you’re using the mobile app or the Chrome extension. See detailed instructions here.
6
Use your ETH to buy Phala Network in the trade tab
Once you've added ETH to Coinbase Wallet, you can you can swap your ETH for Phala Network right in the mobile app or browser extension. Tap or click the "Swap" icon in the Assets tab, then select "Choose asset" and pick Phala Network. Input the amount of ETH you'd like to exchange for Phala Network. Remember to leave enough for transaction fees. Confirm your purchase and follow the instructions on the screen to finalize.
Get PHA with Coinbase
Research
Phala Network is on the decline this week.
The price of Phala Network has fallen by 1.14% in the past 7 days. The price declined by 2.03% in the last 24 hours. In just the past hour, the price shrunk by 0.34%. The current price is $0.11 per PHA. Phala Network is 92.41% below the all time high of $1.41.
Yes, Phala Network can be custodied on Coinbase Wallet.
How much does it cost to buy Phala Network?
Right now, it costs about $0.11 to buy of 1 Phala Network.
Can I buy Phala Network with cash?
You can trade for Phala Network using ETH in your Coinbase Wallet. If you do not already have ETH in your Coinbase Wallet account, then you'll be prompted to buy ETH on your Coinbase account.
How to buy Phala Network using PayPal?
Currently, only US customers are able to buy Phala Network or add US dollars using PayPal. All other customers are only able to use PayPal to cash out or sell, and transaction availability depends on region.
How to buy Phala Network with a gift card?
You can use a digital gift card purchased from online merchants to redeem on Coinbase accounts for the purchase of Phala Network. Gift cards are currently only available in the U.S. at this time (redemption excluded in Hawaii). For more information on how to use and redeem gift cards, check out our help center.
How much is the fee to buy Phala Network?
Fees to trade Phala Network depend on Ethereum network fees. There are a number of factors that affect fees, including how busy the network is, how complicated your transaction is, and how fast you'd like to complete the transaction. When exchanging for Phala Network, be sure to leave enough ETH in your Coinbase Wallet to account for the 1% transaction fee for all swaps.
How to buy Phala Network with credit card?
There are several payment methods you can use to buy ETH, which you can then use to trade for Phala Network. A full list of payment methods and best use cases can be found in our help center. At this time, credit cards cannot be used to purchase ETH in order to trade or swap for Phala Network.
*Prices shown are for illustrative purposes only. Actual cryptocurrency prices may vary.
Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges. Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
Information is provided for educational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided. Coinbase is not registered with the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission. Information on this page is intended for and directed to customers in the United States only. Coinbase fees may apply. Links provided to third-party sites are not under Coinbase control, and Coinbase is not responsible for content on such third-party sites.
