A Step-by-Step-Guide on how to buy Parachute (PAR)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Parachute (PAR) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (PAR) Parachute Once your deposit has been approved, you'll immediately have access to your funds and you can initiate purchasing and trading. To buy (PAR) Parachute on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to spot (PAR) Parachute, you'll need to put the cointype (PAR) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this also. Click on “PAR/BTC” to go ahead.
Step 4 – Buy (PAR) Parachute Once you've spotted (PAR) Parachute, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation (PAR) Parachute was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of PAR you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete quantity of PAR. If you're satisfied, click on “Buy PAR”. Your plan will be filled when a Seller trades their PAR for the price you offered.
Step 5 – Withdraw Parachute (PAR) Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive period of time. To take off your Parachute (PAR), hover over the ”Funds” tab and click on “Withdraw”. Parachute (PAR) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Parachute (PAR) by using the provided drop-down box. Enter the quantity of Parachute (PAR) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.