Paribu review: Paribu is a prominent Turkish cryptocurrency exchange that has gained significant popularity and recognition in recent years. Established in 2017, Paribu has emerged as one of the leading platforms for trading digital assets in Turkey. With a user-friendly interface and a wide range of supported cryptocurrencies, Paribu has attracted a large user base and has become a key player in the Turkish cryptocurrency market.
One of the notable features of Paribu is its commitment to security. The exchange implements robust security measures to protect user funds and personal information. It utilizes advanced encryption techniques and cold storage systems to ensure the safety of digital assets. Paribu also enforces strict identity verification procedures and employs various security protocols to prevent unauthorized access and fraudulent activities.
In terms of supported cryptocurrencies, Paribu offers a diverse selection, including popular coins such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others. Users can trade these cryptocurrencies against the Turkish lira (TRY), providing a convenient gateway for Turkish investors and traders to enter the crypto market.
| 📅 Year of Establishment | 2017 |
| 💱 Coins: | 115+ |
| 💰 Min deposit | From $1 |
| ⚖️ Leverage | 1:1 |
| 💹 Trading fees | From 0% |
| 💳 P2P platform | ❌ |
| 📱 Mobile apps | iOS, Android |
| 🗺️ Headquarters | Turkey |
Overall Paribu Review
Overall, Paribu has established itself as a reputable and reliable cryptocurrency exchange in Turkey. With its emphasis on security, a wide range of supported cryptocurrencies, user-friendly interface, and strong customer support, Paribu has become a preferred choice for Turkish individuals and businesses looking to engage in cryptocurrency trading.
Go to Paribu website
Top Reviews
Best customer reviews of Paribu
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
Paribu has been my go-to cryptocurrency exchange for over a year now, and I couldn't be happier with the platform. The user-friendly interface makes it incredibly easy to navigate and execute trades. The security measures implemented by Paribu are top-notch, providing me with peace of mind knowing that my funds are well-protected. The customer support team has been incredibly responsive and helpful whenever I've had any inquiries or concerns. Overall, Paribu offers a reliable and seamless trading experience, and I highly recommend it to anyone looking to enter the world of cryptocurrencies.
Turkey
I have used Paribu for a few months now, and my experience has been average. While the platform provides a decent range of supported cryptocurrencies, I have encountered occasional lags and delays during peak trading times. The customer support, although responsive, sometimes lacks in-depth knowledge and can take a while to resolve certain issues. While Paribu is a viable option for basic trading needs, it may not be the most advanced or feature-rich exchange available.
Turkey
My experience with Paribu has been disappointing. The platform's user interface is clunky and unintuitive, making it difficult to navigate and execute trades efficiently. The security measures are questionable, as I have encountered instances of unauthorized access to my account despite following recommended security practices. The customer support has been unresponsive and unhelpful, leaving me frustrated and with unresolved issues. Overall, I cannot recommend Paribu due to its lackluster user experience, security concerns, and poor customer support.
United Kingdom
Expert Review
Expert Review of Paribu
Paribu exchange, a leading Turkish cryptocurrency platform, has gained substantial recognition in recent years. As a financial expert, I have conducted an assessment of its reliability within the cryptocurrency market. Here is my evaluation based on key factors:
Paribu prioritizes the security of user funds and personal information. Through the implementation of advanced encryption techniques and robust cold storage systems, Paribu ensures the safety and integrity of digital assets. These stringent security measures enhance the overall reliability of the exchange. Additionally, Paribu has established a reputable standing within the Turkish cryptocurrency market. With a growing user base and positive feedback from customers, the exchange has earned trust and reliability among its users. Its commitment to transparency and ethical business practices contributes to its overall reliability.
Furthermore, Paribu demonstrates a high level of operational stability, maintaining reliable trading infrastructure and minimizing downtime. This reliability ensures that users can access the platform and execute transactions without significant interruptions, enhancing the overall trading experience. The exchange also adheres to regulatory requirements and compliance standards set by Turkish authorities, further bolstering its reliability. With robust customer support services and healthy market liquidity, Paribu offers a reliable platform for cryptocurrency trading.
In conclusion, as a financial expert, I can attest to the overall reliability of Paribu exchange. Its strong security measures, positive reputation, operational stability, regulatory compliance, responsive customer support, and market liquidity collectively position it as a reliable platform for cryptocurrency trading.
Financial expert and analyst at TradersHero.com
The cryptocurrency market is known for its high volatility, with prices fluctuating rapidly within short periods. This volatility can result in substantial gains or losses. Traders should be prepared for significant price swings and carefully assess their risk tolerance before trading on Paribu or any other exchange.
Paribu Ern
Investment Programs
Earning money on Paribu primarily involves engaging in cryptocurrency trading. While Paribu itself does not offer specific programs or features for earning money, users can employ various trading strategies and approaches to potentially generate profits. Here are a few common methods for earning money through trading on Paribu:
Paribu does not offer a staking program. At present, Paribu does not provide users with the ability to lock their cryptocurrency on the platform to earn staking rewards. However, cryptocurrency exchanges frequently update their features and offerings, so it is recommended to visit Paribu's official website or contact their customer support for the most up-to-date information on their services, including the availability of staking options.
While Paribu may not currently offer staking, they provide various other trading and investment opportunities for users to engage in the cryptocurrency market. These include buying and selling a wide range of cryptocurrencies, utilizing trading tools, and accessing market data to make informed investment decisions.
It's always important to stay informed about the latest features and updates from Paribu or any other cryptocurrency exchange you are using, as they may introduce new programs or services in the future that could include staking or other forms of earning potential.
The liquidity of certain cryptocurrencies can vary, especially for less popular or newly listed coins. Low liquidity can lead to slippage and difficulties in executing trades at desired prices. Traders should exercise caution when trading illiquid assets, as it may impact their ability to enter or exit positions effectively.
Best Copy Trading Platforms
Conditions
Trading Conditions for Paribu Users
Paribu, the cryptocurrency exchange, offers favorable trading conditions for its users. The minimum deposit requirement is flexible, allowing users to start trading with any amount they choose. There is no leverage available on Paribu, meaning traders rely solely on their own funds for trading. The exchange provides 24/7 customer support through an integrated ticket system in the “Help Center” section, ensuring users can receive assistance whenever needed.
Paribu utilizes TradingView as its trading platform, offering users a convenient and intuitive trading experience directly through their browser. Account currencies supported on Paribu include cryptocurrencies and the Turkish lira (TYR), providing flexibility for traders to choose their preferred currency.
Users can deposit and withdraw funds on Paribu using various methods, including bank accounts, electronic wallets, and cryptocurrency wallets. The exchange supports a range of popular payment options to facilitate seamless transactions.
Trading commissions on Paribu are fixed, with a fee of 0.35% for takers and 0.25% for makers on transactions. However, traders have the opportunity to reduce these commissions by increasing their trading volumes or participating in the rebate program offered by Traders Union.
Withdrawal commissions are charged by Paribu for transferring assets to external accounts, e-wallets, and cryptocurrency wallets. The specific fee amounts are calculated at the time of withdrawal and vary depending on the assets being withdrawn.
Paribu offers a variety of trading instruments, including cryptocurrencies and the Turkish lira (TYR). Users can engage in cryptocurrency-to-cryptocurrency and cryptocurrency-to-fiat trading pairs, providing opportunities for diverse trading strategies.
It is important for users to review the complete trading conditions and associated fees on Paribu's website, as these may be subject to change. Traders should also consider their individual trading goals, risk tolerance, and conduct thorough research before engaging in trading activities on the platform.
| 📅 Year of Establishment | 2017 |
| 💱 Coins: | 115+ |
| 💰 Min deposit | From $1 |
| ⚖️ Leverage | 1:1 |
| 💹 Trading fees | From 0% |
| 💳 P2P platform | ❌ |
| 🔁 Copy Trading | ❌ |
| 📊 DeFi Staking | ❌ |
| 🖼️ NFT | ❌ |
| 🏦 Crypto Loans | ❌ |
| 🔓 Demo account | ✅ |
| 🚀 Launchpad | ❌ |
| 📱 Mobile apps | iOS, Android |
| 📞 Customer Service | Forums, Chat, Email |
| 👩💼 Support | Multilingual |
| 🗺️ Headquarters | Turkey |
Risk Warning
Comparison
Comparison of Paribu with other Crypto Exchanges
Crypto Exchanges comparison table of trading instruments
Commissions
Paribu Accounts, Commissions & Fees
Account Types: Paribu offers a standard account type for users to access their trading services.
Commissions: Paribu charges fixed trading commissions on transactions. For takers, the commission fee is typically 0.35% of the transaction amount, while for makers, it is generally 0.25%. These fees may vary depending on the specific trading pair and market conditions.
Withdrawal Commissions: Paribu charges commissions for withdrawing assets to external accounts, e-wallets, and cryptocurrency wallets. The specific fee amount varies depending on the type of asset being withdrawn and is calculated at the time of withdrawal. Users can find the exact withdrawal commissions by using the appropriate option in their personal account.
Minimum Deposit: Paribu does not impose a minimum deposit requirement, allowing users to deposit any amount they choose. This flexibility enables traders to start with their preferred investment level.
Withdrawal Limits: Paribu may have minimum withdrawal limits for different cryptocurrencies. For example, there may be a minimum limit for Bitcoin, Litecoin, or other supported assets. These limits can be found in the “Help Center” section on the “Limits” page of the Paribu website.
Additional Fees: While Paribu does not typically charge other withdrawal commissions, users should be aware that third-party services used for depositing or withdrawing funds may have their own associated fees. It is advisable to review the terms and conditions of such services to understand any potential fees they may impose.
Fee structure for Paribu
| Fee Type | Fee Percentage |
|---|---|
| Taker Trading Fee | 0.35% |
| Maker Trading Fee | 0.25% |
| BTC Withdrawal Fee | 0.0005 BTC |
While Paribu implements security measures to protect user funds, it is important to acknowledge that no system is entirely immune to security breaches. Hacking attempts, phishing attacks, and other malicious activities can pose risks to user accounts and personal information. It is crucial for traders to maintain strong security practices, such as using unique and strong passwords, enabling two-factor authentication, and being vigilant against potential threats.
Risk Warning
Final review
Detailed review of Paribu
Paribu is a well-known cryptocurrency exchange based in Turkey that has gained significant popularity and recognition in recent years. Founded in 2017, Paribu has emerged as a leading platform for trading digital assets in the country. With its user-friendly interface and extensive selection of supported cryptocurrencies, Paribu has attracted a large user base and established itself as a key player in the Turkish cryptocurrency market.
Paribu offers a diverse range of supported cryptocurrencies, including popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). This wide selection allows Turkish investors and traders to conveniently trade these digital assets against the Turkish lira (TRY), providing a seamless entry point into the crypto market.
One of the standout features of Paribu is its strong commitment to security. The exchange employs robust security measures to safeguard user funds and personal information. By utilizing advanced encryption techniques and cold storage systems, Paribu ensures the safe storage of digital assets. Additionally, the platform enforces strict identity verification processes and implements various security protocols to prevent unauthorized access and fraudulent activities.
To cater to the needs of both novice and experienced traders, Paribu provides a variety of trading features and tools. Users can easily place market orders, limit orders, and take advantage of stop-loss and take-profit orders to effectively manage their positions. The platform also offers real-time market data, price charts, and trading indicators to assist users in making informed trading decisions.
Paribu places a strong emphasis on customer support. The exchange has a dedicated customer service team available to assist users with any inquiries or concerns they may have. Users can reach out to the support team through multiple channels, including email and social media, to receive prompt assistance.
Overall, Paribu has established itself as a reputable and dependable cryptocurrency exchange in Turkey. With its focus on security, extensive range of supported cryptocurrencies, user-friendly interface, and robust customer support, Paribu has become the preferred choice for Turkish individuals and businesses looking to engage in cryptocurrency trading.
Advantages:
The main benefits of Paribu Exchange
Paribu Regulator
Paribu is not regulated by any particular financial regulatory authority. The cryptocurrency industry, being relatively new and rapidly evolving, is still in the process of establishing a comprehensive regulatory framework in many jurisdictions.
While Paribu is not currently regulated, the platform takes various measures to ensure a secure and transparent trading environment for its users. Paribu prioritizes the security of user funds and personal information, implementing robust security protocols such as encryption and two-factor authentication. Additionally, the exchange utilizes cold storage to protect cryptocurrencies from potential hacking attempts.
Although regulatory oversight provides an additional layer of assurance for users, it is important to note that the absence of specific regulation does not necessarily imply that Paribu is untrustworthy or unreliable. Many reputable cryptocurrency exchanges operate in a similar regulatory environment.
As the regulatory landscape continues to evolve, Paribu and other exchanges may proactively work towards compliance with applicable laws and regulations. It is advisable for users to keep themselves updated on the legal and regulatory requirements in their jurisdiction and to exercise caution when engaging in cryptocurrency trading.
Ultimately, users should carefully evaluate the risks and benefits of using any cryptocurrency exchange, taking into account factors such as security measures, user feedback, and the platform's track record, to make informed decisions about their trading activities.
Risk Warning
Promotions
Bonuses Paid by the Paribu
Bonuses
Although direct bonuses may not be available, Paribu provides competitive trading fees, allowing users to conduct transactions at a lower cost. By keeping fees competitive, Paribu aims to optimize the trading experience and help users maximize their potential returns.
Furthermore, Paribu encourages active trading and volume growth. As users increase their trading volume, they may become eligible for discounted commissions on their transactions. This incentivizes users to engage in more frequent trading activities, potentially resulting in greater profitability and rewards.
While Paribu does not offer direct bonuses, it's worth noting that traders can explore other avenues for potential benefits. Third-party organizations, such as Traders Union, may provide opportunities for users to participate in rebate programs, earning cashback or rewards based on their trading activities.
It's important for users to regularly check Paribu's official website and stay updated on any new programs or promotional offers that may be introduced in the future. By reviewing the terms and conditions of such programs, users can fully understand the eligibility requirements and any associated benefits.
Overall, while Paribu may not have a specific bonus program, the exchange strives to provide a secure, transparent, and cost-effective trading environment, focusing on the core services that enable users to engage in successful cryptocurrency trading.
Education
Review of the Paribu Education Program
Paribu does not offer a specific educational program for its users. While Paribu provides users with a platform for trading cryptocurrencies, the focus is on ensuring safe and efficient transactions.
However, it is important to note that Paribu's website may include educational resources, such as articles, tutorials, or guides that can help users understand the basics of cryptocurrency trading. These resources can provide valuable insights on topics such as blockchain technology, cryptocurrency basics, and trading strategies.
To enhance your knowledge and skills in cryptocurrency trading, it is recommended that you explore external educational sources such as reputable online courses, forums, and educational platforms that specialize in cryptocurrency education. These resources can offer comprehensive and structured training covering various aspects of cryptocurrency trading, technical analysis, risk management, etc.
Online Courses:
It's important to note that availability, pricing, and course content may vary, so it's recommended to visit the respective platforms and read reviews to ensure the courses align with your learning objectives and preferences. Additionally, exploring other online learning platforms and searching for courses tailored to specific areas of interest can further enhance your cryptocurrency education.
Best Online Trading Courses
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The Future of DeFi: Trends and Predictions for 2024
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Advanced Charting Techniques: Using Advanced Chart Patterns to Improve Your Trading Accuracy
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Crypto Security Best Practices: Tips for Keeping Your Digital Assets Safe from Hackers
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Leveraging Fundamental Analysis: Using Economic Indicators to Inform Your Trading Decisions
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Forex Trading Platforms: Choosing the Right Platform for Your Trading Needs
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The Future of Cryptocurrency: Predictions and Trends for the Next Decade
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Trading Volatility: Strategies for Profiting from Price Swings in Forex and Crypto Markets
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Introduction to Crypto Mining: How to Start Mining Cryptocurrencies at Home
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Exploring Forex Pairs: Understanding Major, Minor, and Exotic Currency Pairs
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Crypto Market Analysis: Identifying Trends and Opportunities for Profitable Trading
Rating and Comments
Paribu Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
Stay away from Paribu! I attempted to deposit funds, but the process was incredibly slow and convoluted. Their verification procedures were excessive and invasive, making me question the security of my personal information. It’s not worth the hassle and risk.
Paribu has been a disappointment. Their customer support is slow and unhelpful. I reached out to them multiple times regarding an issue, but it took weeks to receive a generic and uninformative response. It’s frustrating when a platform neglects its users.
Paribu is a questionable exchange. I experienced sudden freezes and delays in executing trades, resulting in missed opportunities and losses. Their platform lacks stability and reliability, which is a significant concern for any serious trader.
I had a terrible experience with Paribu. Their withdrawal process is overly complicated and time-consuming. It took me ages to get my funds transferred to an external wallet, and their high fees only added to the frustration. I won’t be using Paribu again.