How to Buy Parachute (PAR)

A Step-by-Step-Guide on how to buy Parachute (PAR)

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and receive your welcome 10$.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Parachute (PAR) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (PAR) Parachute

Once your deposit has been approved, you'll directly have access to your finances and you can start purchasing and trading. To buy Parachute (PAR) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

To spot Parachute (PAR), you will need to insert the shortname of the coin (PAR) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've marked this also. Click on “PAR/BTC” to progress.

Binance How To Buy 1 Parachute (PAR)
Step 4 – Buy (PAR) Parachute

After you have spotted Parachute (PAR), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

The “Price” field will be automatically filled with the recent price (PAR) Parachute was sold for. You can change this to your desired rate. The “Amount” field is the volumen of PAR you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of PAR.

When you're glad, make a mouse click on “Buy PAR”. Your order will be filled when a Vender sells their PAR for the price you gave.

Step 5 – Withdraw Parachute (PAR)

Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an longer time period. To take off your Parachute (PAR), hover over the “Funds” tab and mouse click on “Withdraw”. (PAR) Parachute can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (PAR) Parachute by using the given drop-down box. Put into the amount of (PAR) Parachute you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully bought and stored (PAR) Parachute.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the Parachute (PAR) is stored inside your wallet, you are finished.