No SOUL?

Phantasma Chain allows users to pay for products and services via the Phantasma Ecosystem. They can use our SOUL coin as payment, but what if a potential user doesn’t have any SOUL coins? We are going to support other popular cryptocurrencies for this specific reason. Our partnership with NEX will enable these other payment options. By connecting a Phantasma account to the NEX APIs, users will be able to purchase products and services with other cryptocurrencies such as Bitcoin, Ethereum and NEO.

Main Currency

When a user makes a purchase with a coin other than SOUL, they are actually placing an order on NEX’s exchange. Their cryptocurrency of choice will be traded for SOUL, but in the front end this will appear as an automatic currency conversion.

Phantasma aims for global adoption and provides their users with multiple payment options to make the user experience within the ecosystem as convenient as possible. Frequent users could use the SOUL coins as currency while irregular users can use a currency they feel most comfortable with.