Fellow Binancians,
Binance will list Phala Network (PHA) in the Innovation Zone and will open trading for PHA/BTC and PHA/BUSD trading pairs at 2021-02-25 9:00 AM (UTC). Users can now start depositing PHA in preparation for trading.
What is Phala Network (PHA)?
Phala Network is a privacy-preserving protocol for data-protection and blockchain smart contracts. Phala Network guarantees the reliable execution of smart contracts while keeping the data secret. PHA is the native utility token of the platform and is used for buying trusted computing resources, community governance, staking and paying transaction fees.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
PHA is a relatively new token that poses higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, that you have done your own research in regards to PHA’s fundamentals and fully understand the project before opting to trade.
PHA Listing Fee: 0 BNB.
Details:
- Phala Network Website
- Binance Research Project Reports
- Phala Network (PHA) ERC20 Contract Address
- Fees
- Rules
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-02-25
Trade on the go with Binance’s mobile crypto trading app
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