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Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

You are still able to withdraw your holdings from your CoinSpot account. Please arrange to withdraw your balance to your own personal wallet or alternative exchange as soon as you are able to.

If you have any further questions or require assistance with your withdrawals, please contact

You must have an account and be logged in to sell PHA



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What is Phala Network?

Phala Network (PHA) is a cloud computing service, which offers computing output comparable to existing cloud services and protects the privacy of managed programs.

  • TEE (Trusted Execution Environment) workers are responsible for executing confidential contracts. Most personal computers are capable of connecting to Phala and running a TEE node.
  • Gatekeepers run nodes that maintain and execute several tasks essential to the Phala blockchain. These nodes run confidential contracts and must always be online.
  • PHA token is used for purchasing trusted computing resources, the data exchange fee, Gatekeeper security guarantee & community governance.

Through its technology infrastructure and integration with the Polkadot ecosystem, Phala Network is able to provide a distributed computing cloud that is versatile & confidential.

What is a Stop Loss Order?

A Stop Loss Order is a type of order where you can set the amount of bitcoin you would like to sell at a desired price BELOW the current market price.

More Information

How do I Set a Stop Loss Order for Phala Network?

Select the price (Trigger) you would like to sell your Phala Network if the market rate falls.
Enter the quantity you would like to sell if the market rate falls to your selected price.
Click ‘Set Stop Loss’ to confirm your PHA Stop Loss and your order will be created. Manage your open orders from the Open Orders page.
Don't have an account? Click here.