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Home blog

Phala (PHA) trading starts October 8 – Deposit now

lexmor by lexmor
October 8, 2021
in blog
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Phala (PHA) trading starts October 8 – Deposit now
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We are excited to announce that Kraken is now supporting Phala (PHA)!

  • Please note that this is Kusama’s version of Phala (PHA).
  • Deposits and withdrawals are available starting now
  • Trading will begin at approximately 15:30 UTC on October 8
  • Customers who have contributed to the Khala Parachain auction on Kraken will automatically receive PHA rewards in their Kraken account. Get full details about reward distribution on our website Support Center.

Note: Trading is not available to residents of the United States, Canada, Australia and Japan.

What is vala?

Fala network Kusama Parachin Which addresses the issue of trust in the computational cloud. Its blockchain is an unreliable computing platform that enables cloud-scale processing without sacrificing data confidentiality.

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Built around the privacy technology already built into modern processors, the Phala Network’s distributed computing cloud is versatile and discreet.

Combined, these features create a robust, secure, scalable, and unreliable cloud computing infrastructure.

What time will the financing and trading start?

Direct deposits and withdrawals! Trading begins on Tuesday, October 8 at approximately 15:30 UTC.

Trading pairs for PHA

How to deposit a PHA

  1. Go to Finance and select the origin. You can find it either by ticking Show all assets And scroll or search for “PHA”.
  2. click deposit next to the original and follow the on-screen instructions.

Confirmations Required Before Credit Deposit

Minimum Trading

  • 3 PHA (Price accuracy: $0.0001 / 0.0001 €)

Fees and Minimum Financing

Services that will be available to PHA?

Available

Not yet available

Will Kraken list more assets?

Yes! But our policy is not to reveal any details until shortly before launch – not even the assets we’re considering. All tokens listed on Kraken are available on our website, and all future tokens will be announced on the Kraken blog and social media profiles. Our customer handling specialists cannot answer any questions about the assets we may list in the future.

Trade with caution

Limit orders are recommended when you start trading because the markets may be illiquid at first. Be very careful with market orders and orders that lead to market orders (eg stop loss).

Invest with caution

Listing an asset or token to trade is not a recommendation to buy, sell or participate in the associated network. Do your own research and invest at your own risk.

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