Learn how to make a Paracord Keychain. The Paracord supplies you will need: about 3 feet of Paracord, a key ring, small scissors, a lighter or mini torch. You can make a 2 color Paracord by melting 2 pieces of paracord together. After you complete this keychain, try adding a flatline or tracer to it. Once you have you paracord keychain supplies, go to the next step.