Paralyzing Chain is a Continuous Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Paralyzing Chain is Unlimited.
YGOPRODeck lists Paralyzing Chain for these formats: Duel Links, Edison, TCG, OCG, Master Duel.
A listed print of Paralyzing Chain appears in Crossroads of Chaos (CSOC-EN054) at Rare rarity.
Among markets shown on this page, the lowest listed snapshot for Paralyzing Chain is about $0.19 on Cardmarket (prices change frequently).
