HomeCrypto Buying GuidesParallelCoin Buying Guide 2024: How to Buy DUO with PayPal & Credit Card

ParallelCoin Buying Guide 2024: How to Buy DUO with PayPal & Credit Card

If you wonder how and where to buy ParallelCoin (DUO) in 2024, this step-by-step guide is for you. We will explain in detail how to buy ParallelCoin instantly with Debit Card, Credit Card and PayPal.

In this article, we will reveal some important facts about ParallelCoin and where to buy ParallelCoin if you are willing to invest in cryptocurrency.

How to buy ParallelCoin (DUO) with Credit Card or Debit Card?

Usually, you’re required to buy Bitcoin (BTC) first, and then exchange the Bitcoin for ParallelCoin on a crypto exchange platform. These are a summary of the steps involved to buy ParallelCoin cryptocurrency:

buy crypto with credit card
  • 1. Create Account on Crypto Wallet:

The process begins with creating your cryptocurrency wallet online. Choose a reliable crypto wallet that accepts Bitcoin purchases in your country. We recommend Coinbase as your first crypto wallet.

  • 2. Buy Bitcoin with Credit Card, Debit Card or PayPal:

Once your crypto wallet account is active after personal identity verification, you can use your Credit Card, Debit Card and PayPal account to buy Bitcoins instantly.

  • 3. Create Account on Crypto Exchange Platform:

Choose a reliable cryptocurrency exchange platform that accepts ParallelCoin exchange. You need to transfer your recently bought Bitcoin to the exchange platform. We recommend Binance as your first crypto exchange platform.

  • 4. Exchange Bitcoin to ParallelCoin:

The last step is to convert your recently purchased Bitcoin to ParallelCoin on the crypto exchange platform.

buy crypto with btc eth xrp

The above steps are the summary of buying ParallelCoin with a Credit Card or Debit Card instantly. You can check the step-by-step guide in the next chapter for more details.

Step-by-Step Guide: Where to buy ParallelCoin (DUO)?

It is quite confusing for every beginner to know how and where to buy ParallelCoin and other cryptocurrencies. This step-by-step guide will provide the best support about ParallelCoin buying procedures with your Credit Card, Debit Card or PayPal account.

Create a Coinbase Account

Use this Coinbase Signup Page link or click the image below to get $10 in Bitcoin when you deposit your first $100 to the crypto wallet.

create Coinbase account

Coinbase is known as the best crypto wallet. It is one of the safest and fastest ways to purchase cryptocurrencies with your Debit Card, Credit Card and PayPal account. It provides a crypto wallet to store all the leading cryptocurrencies, such as Bitcoin and Ethereum (ETH).

Create a Binance Account

Use this Binance Signup Page link or click the image below to join Binance, which is one of the most popular crypto exchange platforms.

Binance is a marketplace where you can trade Bitcoin and ParallelCoin instantly. It is preferred by most crypto traders because this exchange supports most of the commonly traded cryptocurrencies.

create Binance account

Every Binance user gets a crypto wallet to store multiple cryptocurrencies securely. It is one of the safest crypto wallets with 2-factor authentication, and no unauthorized person can access your crypto assets without your permission. This exchange also provides each user with its patent cryptocurrency/token, which is called Binance Coin.

Whenever you are confused about future ParallelCoin investments and crypto trading, you can contact Binance to resolve the issue. It offers adequate support to learn the best way to buy ParallelCoin and other crypto assets.

Buy Bitcoin (BTC) on Coinbase

Now you have to log in to Coinbase to buy Bitcoin with your Credit Card, Debit Card or PayPal account. Coinbase has a great user interface to make the whole purchase process simpler.

buy Bitcoin BTC on Coinbase

Coinbase now supports digital currency buys and sells to residents of some countries, such as the USA, Australia, Canada, Singapore, and many European countries. You can view the List of Coinbase Supported Countries here.

If your country is not supported by Coinbase for buying and selling cryptocurrencies, you can use one of these channels:

Transfer Your Bitcoin (BTC) to Binance

Log in to your Binance account and then go to Binance Deposit Page.
Search for BTC in the top-left search bar, and then click the Deposit button in the row of BTC.

search Bitcoin BTC wallet on Binance

Then, you have to copy your Bitcoin deposit address string for the next step.

Bitcoin BTC wallet address on Binance

You should log in to your Coinbase account one more time. Then go to Coinbase Send/Request Page and paste the Bitcoin deposit address string into the recipient field. Make Sure the address is correct as you cannot reverse the transaction.

buy Bitcoin BTC on Coinbase

It may take 15 to 30 minutes to complete the transaction. Coinbase will endorse it as “Pending” status. Wait until the transaction completes, and then you will be able to trade your Bitcoin for other crypto assets in Binance.

Buy ParallelCoin (DUO) with Bitcoin (BTC)

Now you are all set to buy ParallelCoin. Go to the Binance Exchange Page, which shows all the listed coins on the right side of the screen.
Search for DUO in the top right search field to get the trading pair for ParallelCoin and Bitcoin. Then you can buy ParallelCoin with Bitcoin in the exchange tab in the lower part of this page.

Binance exchange of Bitcoin BTC

It may take some time for the order to get fulfilled. Once it is done, you see the traded amount of ParallelCoin in your account. Now it is up to you whether you keep your ParallelCoin in the Binance exchange platform or trade ParallelCoin for another cryptocurrency.

How to buy ParallelCoin (DUO) with PayPal?

PayPal is one of the most popular online payment systems, designed to transfer money anytime and anywhere across the globe. Although you can use PayPal to buy many goods and services online, there is no direct way to buy ParallelCoin with the PayPal payment system in most countries.

However, you can use PayPal to buy Bitcoin first in Coinbase, and then transfer your Bitcoin to Binance. Lastly, you can use convert your Bitcoin into ParallelCoin in Binance.

PayPal payment

Currently, Coinbase only allows residents from a few countries, such as the United States, Canada, the United Kingdom, and many European countries, to purchase Bitcoin with PayPal. You could check the Coinbase PayPal FAQ Page.

You should first find the possible place to buy Bitcoin and then follow the process explained earlier for conversion. Spend your PayPal money to buy Bitcoin and then convert those Bitcoins into ParallelCoin.

If your region is not supported by Coinbase to buy cryptocurrencies with a PayPal account, you can use one of these channels:

Buy ParallelCoin (DUO) with other 350 Payment Methods

It is best to use peer-to-peer exchange platforms (like Paxful), which allows you to buy Bitcoin with your favorite payment method, and then exchange Bitcoin for ParallelCoin. Peer-to-peer means that you trade directly with the person you are buying from, so no third-party intermediary is involved.

Paxful is the most popular peer-to-peer marketplace in the world, which allows over 350 payment methods for the transaction, including PayPal, local bank transfer, international wire transfer (SWIFT) and gift cards. You can also get a wallet that you can use to send and receive Bitcoin.

[2024 Update] Paxful keeps adding new payment methods, and there are over 450 payment methods to buy Bitcoin (BTC), Tether(USDT) and Ethereum(ETH).

buy coin with 350 payment methods

First, you need to open an account at Paxful, and then follow these steps to buy Bitcoin instantly with your favorite payment methods:

  1. Select payment method
  2. Find the right offer for you
  3. Send the payment (which is protected by Escrow)
  4. Receive your Bitcoin
  5. Exchange Bitcoin to ParallelCoin

These are the most popular peer-to-peer exchange platforms for cryptocurrencies :

FAQ: Frequently Asked Questions

ParallelCoin how to buy and how to sell, these two are the most asked questions asked by beginners. We have already explained the process. Some other common problems include:

  • Can I buy ParallelCoin with Ethereum?

Yes, it is pretty simple to buy ParallelCoin with Ethereum (ETH). Create an account on Binance and use this crypto exchange to convert your ETH into DUO. That’s how you can get DUO by selling Ethereum at a good exchange rate.

buy crypto with ethereum or bitcoin
  • Can I buy ParallelCoin with Bitcoin?

Yes, you can join a crypto exchange to exchange your BTC for DUO. The best exchange, such as Binance, also offers a solution for how to sell ParallelCoin online. You can sell ParallelCoin for another cryptocurrency such as Ethereum, XRP, Tether, ParallelCoin, etc.

  • How to buy ParallelCoin with USD / Cash?

Normally, you should first buy Bitcoin and then exchange your BTC for DUO via a crypto exchange. That’s how you can buy ParallelCoin online by using USD or cash.

buy crypto with cash
  • How do I buy ParallelCoin?

I always use Coinbase to buy Bitcoin first and then use the purchased Bitcoins to buy ParallelCoin. The process is a little tricky because you have to transfer your Bitcoin from Coinbase to Binance.

  • How to invest in ParallelCoin?

You can follow this step-by-step guide to purchase Bitcoin first, and then exchange the Bitcoin for ParallelCoin on a crypto exchange platform like Binance. It is quite similar to trading on the forex market. After investing in ParallelCoin, you can exchange it with other cryptocurrencies or sell it for cash afterward.

exchange bitcoin to crypto
  • How can I sell ParallelCoin?

If you know how to buy ParallelCoin, selling ParallelCoin will not be a big deal for you. You can use the same crypto exchange platform to sell your DUO for cash or other crypto assets such as Bitcoin, Ethereum, Stellar, etc.

ParallelCoin (DUO) Market Trend in 2024

As a crypto investor and enthusiast, I’m excited to see how the crypto market will evolve in 2024. We can expect to see more institutional investors entering the space, as well as more traditional finance firms offering cryptocurrency-related services. The increasing popularity of decentralized finance (DeFi) platforms is creating new avenues for investment and trading opportunities.

The introduction of bitcoin ETFs could also open up the market to a wider range of investors. While we can’t predict what will happen with prices or market conditions, it’s clear that there are plenty of opportunities for those who are willing to take the risk and invest in cryptocurrency. It will certainly be interesting to watch the developments in this dynamic and rapidly evolving space over the next few years!

Cryptocurrency is sure to remain a fascinating and dynamic asset class in the future. With so much potential for growth and innovation, it will be an exciting journey to see the crypto market evolve over the next few years. Next up, let’s take a look at some of the trends we can expect to see in the crypto market in 2024.

Conclusion

People’s growing interest in cryptocurrency proves fiat currency is no longer the only mean of financial transactions. Although electronic payments and digital payments are making things easier, these are centralized solutions. Cryptocurrencies provide many benefits to every potential user, such as privacy and lower transactional fee.

buy crypto now

Many people buy ParallelCoin cryptocurrency to take advantage of crypto transactions. Millions of people are using cryptocurrencies for shopping, paying bills, and other demands. Also, there are more and more people treat cryptocurrencies as a promising investment, So, if you are wondering when to buy ParallelCoin, the answer is Now!

We have already explained how to buy ParallelCoin with Credit Card, Debit Card or PayPal in 2024. We hope everyone can learn how to buy ParallelCoin online and store them in the safest hardware crypto wallet.

Editorial Team
Editorial Team
Discover the world of Bitcoin and blockchain with GPUCoin. Our team of crypto enthusiasts brings you insightful analysis and cutting-edge content. Stay informed and join the revolution!
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