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Convert
Philippine Peso (PHP) to Chromia (CHR) Instantly

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CHR CHR
Buy Chromia (CHR)

Purchase Chromia (CHR) with Philippine Peso (PHP) easily at Switchere and benefit from fast, secure transactions.

About
Chromia (CHR)

Chromia (CHR) is a relational blockchain platform designed to enable a new generation of decentralized applications (dApps) by addressing the scalability, data handling, and developer experience challenges prevalent in earlier blockchain infrastructures. Unlike traditional smart contract platforms that use a virtual machine, Chromia integrates the security of a blockchain with the flexibility and efficiency of a relational database. This unique architecture, built on the Postchain framework, allows for more complex data structures and queries to be managed directly on-chain, making it a highly suitable Web3 infrastructure for data-intensive applications like enterprise systems, social media, and advanced gaming.

The core of Chromia's innovation lies in its custom programming language, Rell, which is designed to be highly secure and easy for developers familiar with SQL to learn. This focus on a developer-friendly environment aims to accelerate the creation of sophisticated dApps. The network operates on a Byzantine Fault Tolerance (BFT) consensus mechanism, with dApps running on their own dedicated sidechains, ensuring high throughput and low latency. The native utility token, CHR, is central to the ecosystem's tokenomics. It is used by dApps to pay for hosting fees, staked by node providers to guarantee security, and acts as a standard currency within the Chromia digital asset economy.

Chromia (CHR)

How to Buy Chromia (CHR)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose PHP to CHR Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Chromia Wallet Address

    Provide your CHR wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Chromia

    Complete the payment, and your CHR will be sent to your wallet.

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Frequently asked questions

  • What is the PHP/CHR trading pair and why is it important for users in the Philippines?

    The PHP/CHR trading pair allows you to directly buy the digital asset Chromia (CHR) using the Philippine Peso (PHP). It's a crucial fiat on-ramp for Filipino users, enabling them to access Chromia's relational blockchain ecosystem without first converting PHP to another currency like USD. This direct access is vital for engaging with dApps built using the Rell programming language, participating in decentralized gaming, and exploring enterprise solutions on the Chromia platform.

  • What are the common payment methods to buy Chromia (CHR) with Philippine Peso (PHP)?

    To purchase CHR with PHP, you typically use a regulated cryptocurrency exchange that offers a PHP fiat gateway. Common payment methods include direct bank transfers via InstaPay or PESONet, which are widely supported by Philippine banks. Additionally, many platforms accept deposits from popular local e-wallets like GCash and PayMaya. Once your PHP deposit is confirmed, you can execute a spot trade on the PHP/CHR order book to acquire your Chromia tokens.

  • What are the core technical features of Chromia's relational blockchain?

    Chromia's architecture is unique as it combines the security of a blockchain with the efficiency and flexibility of a relational database. Its core features include the Postchain framework, a consortium database, and the specialized 'Rell' programming language. Rell is designed for dApp development, making it easier and more efficient for developers to code complex logic. This relational blockchain model allows for better data handling, indexing, and querying directly on-chain, which is highly beneficial for complex applications like decentralized gaming and enterprise systems.

  • Is KYC/AML compliance required to trade the PHP/CHR pair on an exchange?

    Yes, it is a standard requirement. Any reputable cryptocurrency exchange that offers fiat on-ramps, especially those regulated by the Bangko Sentral ng Pilipinas (BSP), mandates Know Your Customer (KYC) and Anti-Money Laundering (AML) verification. You will need to provide identification documents to verify your identity before you can deposit PHP and start trading digital assets like CHR. This ensures a secure trading environment for all users.

  • What are the primary use cases for the Chromia (CHR) token in its ecosystem?

    The CHR token is central to the Chromia ecosystem. Its primary utilities include: paying for dApp hosting fees on the network, acting as a medium of exchange within dApps (especially in decentralized gaming), and staking. Users can stake CHR to help secure the network by supporting provider nodes, and in return, they earn staking rewards. This multi-faceted utility makes CHR an integral part of the platform's economic and security model.
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