PARSIQ (PRQ) is a blockchain connectivity layer and development platform that enables real-time data transfer between on-chain and off-chain applications. It offers a range of tools, including Smart Triggers, ParsiQL, and the Tsunami API, which facilitate the integration of blockchain data into various applications. The PRQ token is used for payment, governance, and staking, and is compatible with multiple blockchains such as Ethereum, Polygon, and Avalanche.
The crypto PARSIQ (PRQ) is used as a utility token within the Parsiq ecosystem. It serves as a means of payment for accessing various services and capabilities on the platform. These services include the use of Parsiq's unique features such as smart triggers and automated workflows, which connect blockchain activity to off-chain applications.
To store PARSIQ (PRQ) tokens, you have several options based on your needs and preferences:
KuCoin Account: You can hold your PARSIQ (PRQ) in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. This option is convenient for frequent trading but requires setting up a strong password and security settings to prevent unauthorized access.
Non-Custodial Wallets: For maximum security, you can withdraw your PARSIQ (PRQ) to a non-custodial wallet, such as hardware wallets, Web3 wallets, or paper wallets. This option gives you complete control over your private keys but may be less convenient for frequent trading.
Coin98 Super App: You can also store PRQ on the Coin98 Super App by searching for the token, following the in-app steps.
- ETH Compatible Wallets: Since PARSIQ (PRQ) is an ERC-20 token, it can be stored using any Ethereum-compatible wallet.
Choose the method that best fits your needs and security preferences.
To buy PARSIQ (PRQ) tokens, follow these steps:
Choose a Reliable Exchange: Select a reliable centralized exchange where PARSIQ is listed, such as KuCoin, CoinEx, OKX, gate.io, or MEXC. Alternatively, you can use a decentralized exchange (DEX) like 1inch.
Create an Account: Register for a free account on the chosen exchange. This typically involves providing personal information and verifying your identity.
Add a Payment Method: Connect a payment method, such as a bank account, debit card, or wire transfer, to fund your account.
Buy Ethereum (Optional): If using a DEX, you may need to buy Ethereum (ETH) as a base currency. You can do this on an exchange like Binance and then transfer the ETH to your wallet.
Transfer Ethereum to Your Wallet (Optional): If using a DEX, transfer the Ethereum from your exchange account to your crypto wallet, such as Trust Wallet.
Connect Your Wallet to the DEX (Optional): Connect your wallet to the DEX you have chosen, using your wallet address.
Select PARSIQ and Trade: On the exchange or DEX, select PARSIQ as the coin you want to buy and specify the amount. You can choose between a market order or a limit order, depending on your preferences.
Finalize Your Purchase: Review the details of your purchase and confirm the transaction. Once the order is executed, you will have PARSIQ tokens in your account.
Remember to always research the exchange and DEX you use, and be cautious of scams and market risks.
