Phantasma Chain allows users to pay for and access certain products and services online through the Phantasma ecosystem using their own SOUL token. Moreover, the platform wants to support other popular cryptocurrencies, such as Ethereum, Bitcoin and NEO. Phantasma plans to use cooperation with NEX to provide this option. By connecting the SOUL account to the NEX API, users will be able to purchase products and services using other cryptocurrencies.
Interaction with NEX will allow less technically savvy people to use the ecosystem easily, without need to deal with external exchange of cryptocurrencies. Nevertheless, the process will be completely transparent: for each transaction, users will know exactly how many cryptocurrencies are converted and at what price.
Official supported trading pairs will be announced later.