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How to Buy Parachute (PAR)

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

Step 1 – Join CEX.io

You'll first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Parachute (PAR) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Parachute (PAR)

As soon as your deposit has been verified, you will immediately have access to your assets and you can start buying and trading. To invest in Parachute (PAR) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to find 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 choosen the right pairing, we have highlighted this also. Click on “PAR/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Parachute (PAR)
Step 4 – Purchasing Parachute (PAR)

As soon as you have spotted Parachute (PAR), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order.

The ”Price” field will be filled with the latest price Parachute (PAR) was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of PAR you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of PAR.

If you're happy, make a mouse click on “Buy PAR”. Your plan will be filled when a Vender sells their PAR for the price you submitted.

Step 5 – Withdraw Parachute (PAR)

Unless you're trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. To withdraw your Parachute (PAR), go to the tab called “Funds” and mouse click on “Withdraw”. Parachute (PAR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Parachute (PAR) by using the provided drop-down box. Enter the quantity of Parachute (PAR) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Congratulations! You've successfully purchased and safed Parachute (PAR).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the Parachute (PAR) is stored within your wallet, you're all done.

Some other Guides on How to buy different Altcoins

How to Buy OST
How to Buy ATN
How to Buy Altcoins