Last update: Jun 6, 2022

How to Buy Phoenix Global (PHB)

So you’re looking for a guide on how to buy Phoenix Global. Depending on where you’re located, you’ll have various trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

How to Buy Phoenix Global – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Phoenix Global of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy Phoenix Global

Now that you have what you need to buy Phoenix Global, head over to the market or buy section of the crypto exchange and buy some PHB.

If the crypto exchange doesn’t have any Phoenix Global on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Phoenix Global first), and trade your Ethereum for Phoenix Global.

Where to Buy Phoenix Global (PHB)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Phoenix Global

1. Sign into the exchange where you bought Phoenix Global.
2. Move your Phoenix Global to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
3. Sell Phoenix Global.

 

How to Buy Phoenix Global (PHB) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Phoenix Global in Australia, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with AUD.
4. Buy Phoenix Global if it’s available. If the exchange doesn’t have Phoenix Global. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Phoenix Global), and trade your ETH for Phoenix Global.

Or, if you’d like to learn more about the exchanges we prefer, read our comparison of the best crypto platforms in Australia.

How to Buy Phoenix Global (PHB) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Phoenix Global in Canada, the process remains the same:

1. Find a cryptocurrency trading platform below.
2. Sign up for an account.
3. Fund your account with CAD.
4. Buy Phoenix Global if it’s available. If the exchange doesn’t have Phoenix Global. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Phoenix Global), and trade your ETH for Phoenix Global.

You can also take a look at our analysis of the best platforms to buy cryptocurrency in Canada for those interested in learning more about the exchanges we prefer.

How to Buy Phoenix Global (PHB) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Phoenix Global in the UK, the process remains the same:

1. Find a crypto trading platform below.
2. Sign up for an account.
3. Fund your account with GBP.
4. Buy Phoenix Global if it’s available. If the exchange doesn’t have Phoenix Global. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Phoenix Global), and trade your ETH for Phoenix Global.

Also, take a look at our analysis of the best crypto exchanges in the UK If you’re looking to learn more about the exchanges we prefer.

Considering buying Phoenix Global? PHB Rundown

According to PHB's official website Phoenix Global is a decentralized apps-focused blockchain. Project claims multi-chain support for smart contract development and DApps. You can also store off-chain data.

This project provides enterprise blockchain solutions. The Phoenix Mainnet is used to accomplish this. PHB claims that it has greater scalability for distributed products. Phoenix's multi-layered, blockchain-based solutions are supported by a two-fold consensus mechanism.

As the native token of this network, the project will use the PHB crypto. PHB crypto will be used to pay and reward users within the Phoenix Global Blockchain. According to the official whitepaper, PHB's supply will increase in stages of 10 percent per year. PHB token burning is still a question in the project.

PHB lists two tokens: PHB (old), and PHB(new). The first uses the Neo platform, while the latter uses Binance Smart Chain (BSC). In the middle of his month, BSC was migrated. Binance had previously announced that the old version of PHB would be migrated to BSC and will now use the ticker PHBv1. Older versions of PHB were eligible to swap for the newer version.

Phoenix Global blockchain joins a crowded market that already includes players such as Ethereum, Cardano, and Solana all of which are multi-billion-dollar market cap cryptocurrency projects. The initial days of any crypto project are often very humble. The project can be enhanced by PHB migration to BSC. Speculation can be used to predict future price changes. The adoption of PHB blockchain may influence medium-to-long-term price changes.

Related:

• How to Buy Phala.Network (PHA)
• How to Buy PIVX (PIVX)