We updated support for PHA (Phala) on Kraken, which is currently available on three chains: Ethereum (ERC20), the Phala Network, and the Khala Network.
Our platform supports PHA funding on the Khala Network and spot trading for PHA/USD and PHA/EUR.
What's changing?
In alignment with the Phala team’s plan to sunset the Khala Network, Kraken discontinued PHA funding (deposits and withdrawals) on the Khala Network effective Wednesday 8th January, 3PM UTC.
Note:
Spot trading for PHA (PHA/USD, PHA/EUR) will remain available.
What's next?
We are collaborating with the Phala team to transition our PHA balances from the Khala Network to Ethereum (ERC20) on a 1:1 basis. Once this migration is complete, we will enable PHA deposits and withdrawals on Ethereum (ERC20).
For any questions or assistance, please reach out to our support team.
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