Buy Phoenix (PHB)
What is Phoenix?
Phoenix is a Layer 1 and Layer 2 blockchain infrastructure platform designed for decentralised artificial intelligence (AI), computation scaling, and data-driven Web3 applications. It operates on the BNB Smart Chain (BEP20) and has unique features that cater to decentralised AI, federated learning, and integration, as well as privacy-preserving data processing.
How does Phoenix work?
Phoenix functions on the Binance Smart Chain (BSC) using a Proof of Staked Authority (PoSA) consensus mechanism to ensure fast and secure transaction processing. It employs federated learning algorithms for decentralised AI applications, allowing AI models to be trained on distributed data without compromising privacy. The platform also leverages multi-party computation to analyse and share value securely. Smart contracts are used within the ecosystem for on-chain analytics and data computation.
What are the potential use cases for Phoenix?
Phoenix can be applied across various industries, including retail for enhancing customer engagement, financial services for AI-scoring models, consumer IoT for decentralised apps, supply chain for on-chain analytics, healthtech for smart health apps, and Web3 gaming for AI capabilities. Notably, it has partnered with Alchemy Pay for fiat onramp integration.
What is the history of Phoenix?
Launched in October 2018, Phoenix has evolved over the years with significant milestones including a token redenomination on November 2, 2021. The coin has seen fluctuations in price and achieved a listing on DePINScan and various exchanges. Phoenix continues to advance by integrating AI and IoT capabilities, enlarging its market presence through strategic partnerships.
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Frequently Asked Questions (FAQs)
What is the current price of Phoenix (PHB)?
The Phoenix price is $2.2807 AUD, representing a -2.42% from the day prior.
Where is the best place to buy Phoenix (PHB) in Australia?
The best place to buy Phoenix (PHB) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Phoenix (PHB) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Phoenix (PHB)?
The trading volume of Phoenix (PHB) is $12.2M AUD in the last 24hrs, representing a -2.42% from the day prior.
How can I buy Phoenix (PHB)?
Phoenix (PHB) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Phoenix (PHB)?
The current market cap of Phoenix (PHB) is $117.5M AUD.
Can I convert Phoenix (PHB) to cash?
Yes - With Coinstash you can convert your Phoenix (PHB) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Phoenix (PHB) are there?
The current circulating supply of Phoenix (PHB) is 51.4M.
Is Coinstash a safe place to buy Phoenix (PHB) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Phoenix (PHB) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.