For a tempered distribution \( g \) , and \( 0< p, q, r < \infty \) with \(\frac{1}{q} = \frac{1}{p} + \frac{1}{r}\) , we show that the operator norm of a Fourier paraproduct \(\Pi _g\) , of the form \( \Pi _{g}(f) := \sum _{j \in {\mathbb {Z}}} (\varphi _{2^{-j}} * f) \Delta _jg, \) from \( H^p({\mathbb {R}}^n) \) to \( {\dot{H}}^q({\mathbb {R}}^n) \) is comparable to \( \Vert g\Vert _{{\dot{H}}^r({\mathbb {R}}^n)} \) . We also establish a similar result for dyadic paraproducts acting on dyadic Hardy spaces.