According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- TradingView
- Exchange of cryptocurrencies only with TYR and USDT, significant trading commissions can be reduced by increasing the trading volume and rebate from the Traders Union, there are no other services except exchange trading, a high level of protection of user data and funds
Our Evaluation of Paribu
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Paribu is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.22 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Paribu clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Paribu cryptocurrency exchange differs from its competitors in its simple and intuitive service. There is no exchanger, API, or other functions. The terminal is a standard TradingView in the browser, and the mobile application is developed based on the browser terminal. There is no minimum deposit requirement and the exchange offers a low entry threshold, allowing you to quickly get used to it. You can find good training guides here. There are no investment solutions, referral programs, or other options for extra/alternative earnings on the site. It is focused mostly on novice cryptocurrency traders. There are comfortable and profitable terms for them. Experienced traders may lack features. The platform is not for investors.
Brief Look at Paribu
The Paribu cryptocurrency exchange is among the leading players in Turkey. It is well known in Europe and popular among traders in other regions due to its large number of assets, significant trading volume, and simplified functionality compared to its competitors. US residents cannot trade on this exchange. Bitcoin (₿), Litecoin (Ł), Ripple, Cardano, Tron, dozens of other cryptocurrencies and tokens are the main traded assets. The pool of assets is constantly expanding due to the open listing. Trading is carried out in cryptocurrency-fiat and USDT/all other cryptocurrency asset pairs and this shall be considered an important feature of the exchange. Only Turkish lira is available as a fiat. Market average commissions can be reduced by increasing the trading volume. There is no minimum deposit and withdrawal fees are low. The exchange doesn’t offer referral programs or investment solutions.
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- a large variety of cryptocurrencies and tokens, and the list is constantly expanding;
- the exchange operates twenty-four/seven;
- secure interbank ETF transactions;
- the most simplified platform functionality;
- high speed of transactions and transfers;
- a mobile trading application for iOS and Android;
- medium commissions, large limits, comfortable trading.
- there is no sale/purchase for crypto-crypto pairs, except when coupled with USDT coins;
- there are no other fiat funds besides the Turkish lira;
- There are no investment solutions.
TU Expert Advice
Author, Financial Expert at Traders Union
Paribu offers trading primarily Turkish lira and USDT pairs. It provides a user-friendly experience with a simplified platform using TradingView for trading. With no minimum deposit requirement, the platform facilitates easy entry, and the mobile app enhances accessibility for novice traders. The large variety of assets on the exchange supports trading flexibility, further enriched by high-speed transactions and a robust security level safeguarding user funds and data.
However, Paribu presents certain drawbacks, such as the absence of crypto-to-crypto pairs except through USDT, which may limit trading strategies for users who seek broader cryptocurrency diversification. Additionally, fiat currency support is restricted solely to the Turkish lira, which may not suit traders needing different fiat options. The exchange seems ideal for beginners seeking straightforward cryptocurrency trading, but more experienced traders may find the limited advanced features and market options less appealing.
- You are based in Turkey, as Paribu is a Turkish cryptocurrency exchange regulated by the Financial Crimes Investigation Board (MASAK). Being regulated locally can provide you with a sense of security and assurance, particularly if you prioritize compliance with local regulations and support.
- You are a beginner, as Paribu offers a user-friendly interface and provides a variety of educational resources, making it suitable for individuals who are new to cryptocurrency trading.
- You're interested in trading a wide range of cryptocurrency pairs directly. Paribu may not be the ideal exchange for you. The absence of crypto-crypto pairs, except those coupled with USDT coins, limits your trading options, and may not align with your preferences.
- You require access to multiple fiat currencies for trading or prefer to diversify your holdings across different fiat currencies. Paribu's exclusive support for the Turkish lira may not meet your needs. The lack of other fiat options could restrict your trading flexibility and hinder your ability to take advantage of various trading opportunities.
Paribu Summary
| 💻 Trading platform: | TradingView in browser |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, TYR |
| 💵 Deposit / Withdrawal: | Bank accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0,25%-0,35% |
| 🔧 Instruments: | 152 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | Exchange of cryptocurrencies only with TYR and USDT, significant trading commissions can be reduced by increasing the trading volume and rebate from the Traders Union, there are no other services except exchange trading, a high level of protection of user data and funds |
| 🎁 Contests and bonuses: | Yes, the Traders Union |
The Paribu cryptocurrency exchange offers a low entry threshold. To start trading, register and go through a simple verification (personal data confirmation). After that, you will get full access to all functions. There is no minimum deposit. This means that you can deposit any amount of funds using any replenishment channel. It is worth noting that there are minimum limits for trade transactions. For example, you cannot make a trade with Bitcoin for less than ₿0.00001. Accordingly, you need to deposit at least this amount into the account. There is no leverage on the site. The exchange doesn’t provide borrowed funds, so you have to rely only on your budget. You can contact support specialists through the "Help Center", which has an integrated ticket system.
Paribu Key Parameters Evaluation
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Regulation and safety
With a 6/10 score, Paribu demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Government-regulated
- Cold wallet storage
- 2FA
- Successful hacks history
- Not tier-1 regulated
Paribu Security Factors
We also compared Paribu against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Paribu | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | Yes | No | No |
Is Paribu a regulated crypto exchange?
Paribu is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Paribu is authorized or licensed in accordance with local regulations in the following regions: Turkey.
Is verification (KYC) mandatory at Paribu?
Yes, KYC verification is mandatory at Paribu. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Paribu available?
Paribu complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, Spain, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, France, Bangladesh, Thailand, Italy, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Austria, Chile, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Paribu support.
Is Paribu available in the USA?
Yes, Paribu is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Paribu commissions and fees
Paribu received a 5.2/10 score for its trading fees. While Paribu is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are Paribu trading fees?
We analyzed Paribu’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Paribu trading fees vs competitors
| Paribu | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,25 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,35 | 0,22 | 0 | 0.194 |
What are Paribu deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC |
Does Paribu offer P2P trading?
No, Paribu does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Paribu received a 4/10 rating for its deposit and withdrawal services. Paribu offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Withdrawal fee applies
- No P2P transfer option
Deposit and withdrawal options
Paribu supports the following deposit and withdrawal options: Bank transfers, Crypto.
Paribu Deposit and withdrawal options vs competitors
| Paribu | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Paribu minimum deposit?
The minimum deposit at Paribu is 1 USD/USDT or 0,0001 BTC. The minimum trade size is 0,0001 BTC/ 1 USDT USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Paribu minimum deposit vs competitors
| Paribu | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 0,0001 BTC/ 1 USDT | 0,00001 | 1 |
Does Paribu support fiat money?
Paribu supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Paribu received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Paribu covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Yield farming not available
- Crypto futures not available
Paribu supported coins and markets vs competitors
We compared Paribu with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Paribu | OKX | Kraken | |
| Supported coins | 152 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Paribu passive income options vs competitors
We also compared Paribu with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Paribu received a score of 7/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- App data protection with 2FA
- Positive user feedback on the iOS app
- Mobile indicators allowed
- Advanced tools and automation with API
- No trading bots for traders
- Advanced orders not available
- No access to TradingView features
Trading apps
Paribu provides web and mobile apps for both Android and iOS users, with an average rating of 5 on the App Store and 4,1 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Paribu platform is for mobile use.
| Paribu | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | Yes | Yes |
| Advanced Orders | Yes | Yes |
| Trading with bots | No | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does Paribu offer a desktop app?
No, Paribu does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Paribu offer advanced charting with TradingView integration?
No, Paribu does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2017 |
|---|---|
| Registration address | Emniyetevleri Mahallesi Eski Büyükdere Caddesi Sapphire Sitesi No.1/1/Z1 Kağıthane/İstanbul (TÜRKİYE) |
| Official site | https://www.paribu.com/ |
| Contacts |
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