Turkish exchange Paribu

Paribu exchange review

Paribu is a Turkish cryptocurrency exchange that sells Bitcoins. It is located in Istanbul so its main fiat currency is Turkish Lira. It helps people who want to invest to virtual money and diversify their investments. This is the most popular crypto venue in Turkey.

The platform offers a high level of security. The customers may not worry about hackers’ attacks as all funds are stored offline or, as professionals call it, in cold storage. When funds are offline, cyber criminals are not able to steal them.

Also, 2F verification was introduced. It means that the account holder should enter the code sent to him in SMS to be able to log in. The transactions are performed at any time round the clock. You are not limited with working hours any longer and feel more freedom as your working schedule can be flexible. This is very important taking into consideration that it’s a very volatile coin. All operations should be performed fast.

The interface of the exchange is clear and transactions can be easily performed without complications. The customer support is responsive and reacts quickly to all your requests.  

The biggest benefit of Paribu is its transparency. The customers can even come to the office of the company, which is located in Istanbul. The address can be found on the site of Paribu exchange. The other thing that is appreciated by the users is the possibility to deposit funds from the bank account.  But it is possible to do it from the account in Turkish banks therefore it is not so convenient for people living in other countries. The platform is focused on users from Turkey. It only seems that this is not a matter of concern for local users. However, they are also interested in bigger liquidity so this practice limits the opportunities of the exchange and does not let it develop further. The customer base should be expanded for further growth. Taking into account that there is only one trading pair at Paribu, there are a lot of platforms competing with this one. Choosing Quadriga cx, Kkex, Cryptomate or Cryptox, the customer gets a bigger selection of coins.

It is also convenient to store Bitcoins on the account of the exchange as it offers the wallet where Bitcoin and Turkish Lira can be stored. Probably it does not have as many features as Bitx wallet, but it meets basic requirements of the user.

Visit the site and check out Paribu Bitcoin prices to determine if the platform suits you. Check out the convenience of Paribu API and other features of the site.