
PARSIQ (PRQ) is the 681st largest cryptocurrency by market cap, valued at US$22,263,114.
PARSIQ is a highly volatile asset capable of major price swings in a single day. Today PRQ is trading for $0.120039 USD, which is lower than yesterday's trading price of $0.1218156817 USD. Over the past year, PARSIQ's price has seen a decrease of -2%.
So before you buy PARSIQ, make sure you understand these unique risks as well as its legal and tax status here in Canada.
If you're ready to get started, read on for step-by-step instructions on how you can buy PARSIQ.
How to buy PARSIQ in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchanges
The easiest way to buy PARSIQ is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a deposit
Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy PARSIQ
You can now exchange your funds for PARSIQ. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your PARSIQ to your personal wallet.
Where to buy PARSIQ in Canada
Find an exchange to buy, sell and trade PRQ by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
How we keep this PARSIQ guide up-to-date
- PRQ price data is regularly updated through data feeds so you always have the latest information.
- PARSIQ performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
How do I find the best places to buy PARSIQ?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy PARSIQ?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading PARSIQ.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing PRQ with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy PARSIQ?
Once you've created an account, you will need to deposit funds to buy PRQ with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy PRQ:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase PRQ by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for PRQ on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy PARSIQ?
The easiest way to buy PRQ is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying PRQ, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of PARSIQ has been performing recently.
Best PARSIQ wallets to store your PRQ
You can keep your PRQ on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your PRQ below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,317+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $186 |
Price (USD) $49.99 |
See more of the best crypto wallets
Recent PARSIQ developments
: November 2021
Is PARSIQ a good investment?
Consider the following before buying ParsiQ:- Future-ready offering: With blockchain technology fast making inroads into a variety of different industrial sectors — such as healthcare, IT, banking, etc — ParsiQ provides clients with a novel interface that can help navigate data that is off-chain (i.e. not on a blockchain system), even allowing for this information to be analysed, computed and eventually transmitted in the form of real-time notifications.
- Cross-sector utility: Using ParsiQ, clients can gain access to a number of useful products which can allow them to track real-world data on the go. Not only that, this information can be processed and supplied on the blockchain seamlessly. For example, the platform can be used to keep an accurate tab on the price movements of various currencies. Furthermore, users can create custom event triggers to get notified about any specific developments that they may want to be alerted about (eg: price spike, dip, etc).
- Increased transaction efficiency: The platform allows for multiple on/off-chain sources to supply their data onto one system, making it easier for companies to streamline their transactions without having to make use of multiple data processors.
- Experiencd team: The ParsiQ team consists of solid industry professionals who have been involved with the blockchain sector for nearly a decade now. Tom Tirman, the company’s CEO has previously been associated with many traditional banking institutions as well as established his own startups.
Today's PARSIQ price versus ATH
Compare today's price of PARSIQ ($0.120039 USD) against its all-time-high price of $2.62 USD on 12 April 2021. The closer the bar is to 100%, the closer PRQ is to reaching its ATH again.
ATH date: April 12, 2021
PARSIQ ATH: $2.62
How to trade, convert or sell PARSIQ
You can convert or sell your PRQ with the same exchange you bought it through:- Sign in to the exchange you have PRQ on.
- If you store your PARSIQ in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of PRQ you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of PARSIQ.
- Complete your transaction and move your PRQ to a wallet for storage.
Disclaimer: Cryptocurrencies, including PARSIQ, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PRQ is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the PARSIQ or any other cryptocurrency discussed.
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