Paribu is a Turkish cryptocurrency exchange. It has been active since 2017. Only Turkish individuals and companies (or at least only people with access to a Turkish cell phone number) can produce an account at this exchange.
US-investors
US investors may not trade on this exchange. So, if you are a US investor and want to trade at Paribu, you’ll have to review your choice of trading venue and choose one of the other top crypto exchanges. Though, there are a lot of other venues that offer the type of trading this exchange does.
Mobile support
The exchange is also available as a mobile operation if you would prefer that rather than using the platform on your desktop. You can download the app on both the App Store and Google Play free of charge.
Paribu trading view
Different exchanges have different trading views. Before you select an exchange, try to have a look at the trading view so that you can analyze that it feels right to you. The platform provides a low-entry approach. To start trading, register and go through a simple verification(particular data substantiation). There is no minimum deposit. This means that you can deposit any amount of finances using any loss channel. It’s worth noting that there are minimum limits for trade deals. For illustration, you can’t make a trade with Bitcoin for lower than 0.00001. There is no influence on the point. The exchange doesn’t give borrowed finances, so you have to calculate only on your budget. You can communicate with support specialists through the”Help Center”, which has an integrated ticket system.
Paribu trading freights
The trade happens among two groups the maker, whose order exists on the order book before the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers get their name from the fact that their orders create market liquidity. Takers are the ones who get rid of this liquidity by assembling makers’ orders with theirs. Paribus trading freights for takers are 0.35 percent. This figure is above the industry normal. The industry normal is arguably around 0.25 percent. Makers enjoy a slight reduction in the trading figure and they trade with a trading figure of 0.25 percent. One should consider whether Paribu has a strong projection to investors in other areas that overbalance the disadvantage of these seemingly advanced trading freights.
Paribu withdrawal freights
When you withdraw BTC from Paribu, a 0.0005 BTC withdrawal fee is assessed. This figure is below the industry normal. This cryptocurrency exchange doesn’t offer investment programs. There are no unresistant earning options. Customers of the exchange can only earn on active cryptocurrency and coin trading.
Deposit styles
Paribu offers line transfer as a deposit system, but you can’t deposit via credit card. The only edict currency that you can deposit is the TRY (Turkish Lira), and this naturally excludes all investors save for Turkish investors from participating in the trade at this exchange.
Take away
The Paribu cryptocurrency exchange offers favorable trading terms, especially for beginners The website doesn’t have a minimum deposit (but there are limits on the minimum amount for trading operations). Commissions are low. The exchange has a standard trading terminal and an accessible mobile operation. There is no referral program, investment options, exchanger, API, or other spare features. The website is concentrated primarily on active trading. The main point is all pairs with TYR and USDT only. The exchange operates transparently and lawfully, and no validation of fraud or undetermined conflicts with customers has been noticed.
