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Paribu Review 2025

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Paribu Review 2025
Soccer fan tokensUSDT and TRY marketsMobile trading
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Paribu
Headquarter:Turkey
Founded:2017
Coins:170
US Accepted:
Max Leverage:1:1
About
Paribu is a Turkey-based cryptocurrency exchange providing 24/7 TRY deposit and withdrawal with Finans Bank, İş Bank, and others. The exchange offers 14 USDT and 170+ TRY trading pairs. It sponsors the Sen De Gel Association and UNICEF Turkey. Paribu exchange became third in the world on March 14, 2021, with a transaction volume of $1.5B.
Contact
Rüzgarlıbahçe Neighborhood, Cumhuriyet Street, No: 3/1, Kavacık, Beykoz, Istanbul, Turkey
Rank and Score
Pros and Cons
User Levels
Pros
User-Friendly Platform
Mobile trading
TRY deposits and withdrawals
Fee discounts through a comprehensive tiered user level structure
Cons
Primarily focused on Turkish users with no English support
Limited security factors
No Futures or Margin trading
No live chat support

Paribu offers 190+ trading pairs in USDT and TRY markets. While the USDT market is commission-free, trading in the TRY market incurs a Maker fee ranging from 0.01% to 0.25% and a Taker fee ranging from 0.06% to 0.35%.

The platform provides access to soccer teams' fan tokens, such as Fenerbahce and Besiktas.

Paribu; An Introduction to the Crypto Exchange

Paribu is a centralized cryptocurrency exchange headquartered in Turkey that primarily serves the Turkish market.

Paribu
Paribu is a Turkish crypto exchange with 7M users

The platform was launched on February 14, 2017, and shortly after, it became the 16th on the CoinMarketCap-World list, with a volume of 5,800 BTC in December of the same year. Paribu key features:

  • Daily Trading Volume of TRY 10B+
  • 170+ cryptocurrencies
  • No minimum deposit requirements

Paribu Exchange Specific Features

Let’s take a quick look into what Paribu offers and see if it fits among the crypto exchanges.

Exchange

Paribu

Launch Date

2017

Levels

10 Levels

Trading Fees

Maker: 0.01% - 0.25%

Taker: 0.06% - 0.35%

Restricted Countries

N/A

Supported Coins

170+

Futures Trading

No

Minimum Deposit

None

Deposit Methods

Papara, Bank Transfer, Crypto

Withdrawal Methods

Crypto, Bank Transfer

Maximum Leverage

1:1

Minimum Trade Size

TRY 10

Security Factors

2FA, Transaction Code

Services

Soccer fan tokens, Mobile trading, USDT/TRY markets

Customer Support Ways

Phone, Ticket, Twitter

Customer Support Hours

24/7

Fiat Deposit

Yes

Affiliate Program

N/A

Orders Execution

Market

Native Token

No

Paribu User Levels

Paribu offers a tiered system with 10 levels providing commission discounts based on monthly buying and selling volume.

User Level

30D Trading Volume (TRY)

1

0 – 50K

2

50K – 100K

3

100K – 1M

4

1M – 5M

5

5M – 25M

6

25M – 50M

7

50M – 100M

8

100M – 500M

9

500M – 1B

10

1B+

Paribu Trading and Non-Trading Costs

The exchange charges commissions in cryptocurrency for Buy transactions and TRY for Sell transactions.

Paribu Trading Fees
A look into Paribu’s user levels and the associated trading fees

The default rates are 0.25% for makers and 0.35% for takers. However, the platform offers fee discounts based on the trading volume, which is one of the advantages of this Paribu review.

30-Day Trading Volume (TRY)

Maker Fee

Taker Fee

0 – 50K

0.25%

0.35%

50K – 100K

0.22%

0.30%

100K – 1M

0.20%

0.25%

1M – 5M

0.14%

0.20%

5M – 25M

0.10%

0.18%

25M – 50M

0.08%

0.16%

50M – 100M

0.06%

0.14%

100M – 500M

0.04%

0.12%

500M – 1B

0.02%

0.10%

1B+

0.01%

0.06%

Note that USDT trading pairs incur no commissions. The platform also charges no commission for deposits (except for Papara transactions). Crypto withdrawal fees vary based on the asset you’re transferring.

Paribu Exchange Listed Cryptocurrencies

The platform has listed a wide array of 170+ cryptocurrencies and 190+ trading pairs in two markets: USDT and TRY. Some of the most popular digital assets available on Paribu:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • Pepe (PEPE)

Paribu also offers access to sports fan tokens, especially Fenerbahce Token and Besiktas Token.

Margin and Futures Trading

At the time of writing this Paribu review, the exchange does not offer Margin or Futures trading options. The platform focuses on Spot trading to cater to users seeking straightforward buy/sell transactions without leverage.

Paribu Exchange Registration and Verification

Before proceeding with the registration process, we must mention that the Paribu KYC procedure for Turkish citizens differs from that for foreign citizens.

  1. Visit the exchange’s official website;
  2. Click “Hesap oluştur”;
  3. Fill out the registration form by providing a Turkey phone number (+90);
  4. Verify your email and phone number;
  5. Select “Kimlik bilgilerinizi güncelleyin” in your account settings to update your personal information;
  6. Click “C. vatandaşı” for Turkish citizens or “Diğer ülke vatandaşları” for foreign citizens;
  7. Provide proof of identity, including Turkish ID card or foreign ID (identification number starts with 99).

Is Paribu Exchange Secure?

The platform operates without official certification and lacks an approved penetration test to assess its cybersecurity resilience.

Additionally, Paribu does not run a continuous bug bounty program to incentivize security researchers to identify vulnerabilities.

Furthermore, there is no publicly available proof of reserves audit, leaving users without transparent verification of the exchange’s asset holdings and liquidity. Paribu security measures:

  • Two Factor Authentication (2FA)
  • Cold Storage
  • Code Transactions: Face ID, touch ID, or pin code to verify transactions

Paribu Payment Methods

The exchange supports TRY and Crypto transactions with no minimum deposit requirement. Paribu TRY payment options:

  • Bank Transfers: TL deposit and withdrawal with Akbank, Yapı Kredi Bank, Ziraat Bank, and Vakıfbank at any time (processing hours for other banks: only at working hours)
  • Pre-Paid Card: Papara

Note that deposits and withdrawals via Papara have a lower limit of TRY 10.

Paribu Trust Score

There are not many Paribu reviews online. The platform’s profile on TrustPilot has 11 comments, mostly negative, resulting in a poor score of 2.1 out of 5.

Paribu TrustPilot
Paribu hasn’t claimed its profile on TrustPilot and hasn’t replied to any of the negative reviews

While 45% of comments on Paribu TrustPilot are positive (4-star and 5-star), 55% are negative (1-star and 2-star).

However, the experts in CoinGecko have rated the exchange with an acceptable score of 7/10.

Does Paribu Offer a Copy Trading Feature or Investment Plans?

The exchange does not offer copy trading or structured investment plans. However, users can engage in long-term investments through spot trading.

Writer’s Opinion and Conclusion

Paribu provides access to Spot trading on 170+ cryptocurrencies with a minimum trade size of TRY 10.

The exchange accepts TRY transactions via Bank Transfers and Papara cards. It has a poor TrustPilot score of 2.1 out of 5.

FAQs

Can I trade on Paribu outside Turkey?

Yes, but to verify, you must be a Turkish citizen or have a Turkish Foreign ID Number.

Does Paribu offer staking?

No, staking services are not available.

Can I use leverage?

No, the exchange focuses on providing Spot trading with 1:1 leverage on cryptocurrencies.

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