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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 Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Parachute (PAR) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Parachute (PAR)

As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can launch purchasing and trading. To buy Parachute (PAR) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Parachute (PAR), you will need to insert the cointype (PAR) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “PAR/BTC” to go on.

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

After you have spotted Parachute (PAR), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order.

The ”Price” field will be filled with the most up-to-date price Parachute (PAR) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of PAR you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of PAR.

When you are glad, make a mouse click on “Buy PAR”. Your plan will be filled as soon as a Seller trades their PAR for the price you introduced.

Step 5 – Withdraw Parachute (PAR)

Unless you are frequently trading, never keep your coins on an Crypto Exchange for an extensive period of time. To withdraw your Parachute (PAR), go to the tab called “Funds” and click on “Withdraw”. Parachute (PAR) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Parachute (PAR) by using the given drop-down box. Put into the volumen of Parachute (PAR) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address.

If you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.

Congrats! You have successfully purchased and safed Parachute (PAR).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Parachute (PAR) is stored inside your wallet, you're finished.

Some other Guides on How to buy different Altcoins

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How to Buy Altcoins
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