How to Buy Phala Network (PHA) in Anguilla

A Step-by-Step-Guide on how to buy Phala Network (PHA) in Anguilla

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first 10$.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Phala Network (PHA) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate {Phala Network (PHA)|(PHA) Phala Network}

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can begin purchasing and trading. To buy {Phala Network (PHA)|(PHA) Phala Network} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find {Phala Network (PHA)|(PHA) Phala Network}, you'll need to insert the shortname of the coin (PHA) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “PHA/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Phala Network (PHA)
Step 4 – Purchase {Phala Network (PHA)|(PHA) Phala Network}

Once you've spotted {Phala Network (PHA)|(PHA) Phala Network}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {Phala Network (PHA)|(PHA) Phala Network} was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of PHA you want to buy. The ”Total” field is the total price in BTC that you will pay for the complete amount of PHA.

If you are glad, click on “Buy PHA”. Your plan will be filled as soon as a Vender trades their PHA for the price you introduced.

Step 5 – Withdraw {Phala Network (PHA)|(PHA) Phala Network}

Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an longer period of time. To take off your {Phala Network (PHA)|(PHA) Phala Network}, go to the ”Funds” tab and click on “Withdraw”. {Phala Network (PHA)|(PHA) Phala Network} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Phala Network (PHA)|(PHA) Phala Network} by using the provided drop-down box. Enter the quantity of {Phala Network (PHA)|(PHA) Phala Network} you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, click “Submit”. You may be asked for email/phone verification ahead of a take off.

Congratulations! You have successfully bought and stored Phala Network (PHA) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Phala Network (PHA)|(PHA) Phala Network} is safe in your wallet, you're done.

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