Market Capitalization$9.49 million
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Parachute (PAR) Frequently Asked Questions
What is Parachute?
Parachute launched with the goal of giving people better access and integrations with their cryptocurrency. It has put DeFi tools inside one app that lives in the places where people chat. The PAR token is used throughout Parachute products to interact with DeFi applications. (Description provided by CryptoCompare)
How do I buy Parachute?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Parachute.
Where can I get Parachute wallet?
Parachute produces its own wallet software that is available for download on its website, which allows you to store Parachute on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Parachute?
One Parachute (PAR) is currently worth $0.02 on major cryptocurrency exchanges. You can also exchange one Parachute for 0.00000027 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Parachute in U.S. dollars is $9.49 million.
What hashing algorithm does Parachute use?
Parachute is a proof of stake (PoS) coin that uses the Scrypt algorithm.
How do I mine Parachute?
Parachute and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Parachute?
The following coins use Parachute's Scrypt algorithm and proof of stake (PoS) proof-type: Uniswap, Doctors Coin, Archer DAO Governance Token, Public Mint, ACoconut, Peony, AllSafe, HollyWoodCoin, UNICORN Token, Rupee, MedicCoin, UNI COIN, MintCoin, DigiFinexToken and dFuture.
What is the Reddit page for Parachute?
MarketBeat Community Rating for Parachute (PAR)MarketBeat's community ratings are surveys of what our community members think about Parachute and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Parachute (PAR) Price Chart for Tuesday, May, 11, 2021
Parachute (PAR) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Parachute. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Parachute Coin" over the last 90 days.
Parachute (PAR) Website Traffic
Parachute (PAR) Social Media Trends
Parachute (PAR) News Headlines