What is Parsiq?
Parsiq is a unique intuitive blockchain analytics platform, allowing you to leverage events on the blockchain by turning them into customizable Smart-Triggers.
Traders, developers, institutions or individuals alike can all benefit from Parsiq’s valuable market intelligence and forensics data. Parsiq is designed as an open platform accessible and extensible for everyone.
The PRQ token is an essential piece of the Parsiq blockchain monitoring platform. The token is a utility token, but fiat payments are also available. Payments made in PRQ tokens guarantee a discounted rate. PRQ token utility is mainly tied to computational costs, such as user data storage, Smart-Trigger deployment and execution, real-time notifications and subscriptions. Parsiq is a useful service for a large variety of blockchain businesses, automation is key.
Parsiq was also the first IEO hosted on the Coinmetro Direct platform!
For more information on Parsiq, you can visit their official website here.
You can also learn more about Parsiq on the official Coinmetro blog here!
How to Deposit PRQ Into Your Coinmetro Account
If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts, or use a full ETH wallet as an intermediary.
Note: As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000 for ETH. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk for loss of assets caused by a too low gas limit.
How to Withdraw PRQ From Your Coinmetro Account
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be verified via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
Withdrawals waiting for approval can be cancelled and withdrawal status can be found by selecting the wallet on the GO! Dashboard. Approved withdrawals cannot be cancelled. If there is no Cancel button, there should be a transaction ID (TXID). This is a link to the relevant tx hash (Transaction Hash) on a blockchain explorer website.
If you are withdrawing to an external wallet such as MetaMask, please ensure that you have added PRQ as a custom token on the wallet.