Buy Parachute (PAR)
What is Parachute?
Parachute is a decentralized autonomous organization (DAO) and community-driven cryptocurrency that aims to simplify the use of cryptocurrencies for everyday people and businesses. It operates on the Ethereum blockchain and provides a platform for building new products and utilities for its token, PAR, via community-driven proposals and governance.
How does Parachute work?
Parachute leverages the Ethereum blockchain's decentralized and secure architecture to enable transparent transactions. It utilizes smart contracts to facilitate its operations, focusing on building a user-friendly environment for both individuals and businesses to engage with cryptocurrencies efficiently.
What are the potential use cases for Parachute?
Parachute's potential use cases include payments, online purchases, and investments. It's used in initiatives like voting on the network's proposals and offering insurance solutions, such as the Hurricane Resilience Program. It finds applications in several industries, including financial services and e-commerce.
What is the history of Parachute?
Parachute originated as a community-driven project aimed at empowering creators through social token ecosystems. While specific details on the founding team and significant updates are sparse, Parachute has evolved by forming strategic partnerships, enabling creators to tokenize their influence, and becoming noteworthy in the social token space.
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Frequently Asked Questions (FAQs)
What is the current price of Parachute (PAR)?
The Parachute price is $0.000252 AUD, representing a +0.5% from the day prior.
Where is the best place to buy Parachute (PAR) in Australia?
The best place to buy Parachute (PAR) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Parachute (PAR) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Parachute (PAR)?
The trading volume of Parachute (PAR) is $19 AUD in the last 24hrs, representing a +0.5% from the day prior.
How can I buy Parachute (PAR)?
Parachute (PAR) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Parachute (PAR)?
The current market cap of Parachute (PAR) is $151.7K AUD.
Can I convert Parachute (PAR) to cash?
Yes - With Coinstash you can convert your Parachute (PAR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Parachute (PAR) are there?
The current circulating supply of Parachute (PAR) is 620.9M.
Is Coinstash a safe place to buy Parachute (PAR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Parachute (PAR) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.