A Step-by-Step-Guide on how to buy Parachute (PAR)
Step 1 – Join Kraken You'll first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Parachute (PAR) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Parachute (PAR) Once your deposit has been confirmed, you'll now have access to your funds and you can launch invest and trading. To buy Parachute (PAR) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot Parachute (PAR), you will need to put the shortname of the coin (PAR) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have highlighted this also. Click on “PAR/BTC” to go on.
Step 4 – Buy Parachute (PAR) After you have found Parachute (PAR), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our own Limit Order. The ”Price” field will be filled automatically with the most recent price Parachute (PAR) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of PAR you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of PAR. When you are satisfied, click on “Buy PAR”. Your plan will be filled when a Vendor trades their PAR for the price you offered.
Step 5 – Withdraw Parachute (PAR) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extensive period of time. In order to withdraw your Parachute (PAR), go to the ”Funds” tab and click on “Withdraw”. Parachute (PAR) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Parachute (PAR) by using the given drop-down box. Enter the quantity of Parachute (PAR) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You may be asked for phone/email verification ahead of a take off.