Paribu review
Paribu is the Turkish exchange most locals name first, and it prices in a way no other platform on this site does.
Lira commissions start from 0.25 to 0.35 percent and fall with your 30-day trading volume, which is ordinary enough. What is not ordinary is the second axis: Paribu also sorts customers by how long the account has existed, into bands of nought to two years, two to five years, and more than five, with longer tenure earning lower rates. Someone who opened an account in 2019 pays less than someone who opened one last month at identical volume. It rewards staying, which is worth knowing before you compare headline numbers with a rival.
USDT pairs are priced separately and much lower, at 0.01 percent to makers and 0.10 percent to takers.
On lira trading it is the most expensive of the three Turkish platforms we rank, against 0.12 to 0.2 percent at BtcTurk and 0.1 percent at Binance TR. What it has instead is scale, a clean app, and no breach on its record, which is not nothing in this market.
It filed with the Capital Markets Board under the 2024 crypto law and appears on the board's transitional list of operating platforms.
- Founded
- 2017
- Headquarters
- Istanbul, Turkey
- Fees
- Lira commissions start from 0.25 to 0.35 percent and fall with both 30-day volume and how long you have held the account. USDT pairs cost 0.01 percent maker.
- KYC
- Required
- Payment methods
- FAST instant transfer, Havale/EFT
- Status
- Operating
How you can pay on Paribu
Every deposit rail Paribu supports in at least one market.
- Domestic bank rail
- FAST instant transferHavale/EFT
As published by Paribu: Havale/EFT, FAST instant transfer.
Pros and cons
What works
- Turkey's largest exchange by user count, with deep lira order books and a well-regarded app
- No breach on its record, unlike the older domestic rival ranked alongside it
- USDT pairs are priced at 0.01 percent maker and 0.10 percent taker, far below its lira rates
- Commissions fall with account tenure as well as volume, so long-standing customers pay less
What to watch
- The most expensive lira trading of the Turkish platforms we rank, at 0.25 to 0.35 percent
- Tenure-based pricing means a new account starts at the top of the range whatever it trades
- Being on the Capital Markets Board's transitional list is not the same as holding a final licence
Fees in detail
- maker
- From 0.25 percent on lira pairs, 0.01 percent on USDT pairs
- taker
- From 0.35 percent on lira pairs, 0.10 percent on USDT pairs
- spread note
- Rates fall with 30-day volume and with account age, in bands of nought to two years, two to five, and more than five.
- deposit note
- Lira funding by Havale, EFT and the FAST instant transfer rail.
- withdrawal note
- Crypto withdrawals are subject to Turkey's 48-hour holding rule, 72 hours on a first withdrawal.
Where we recommend Paribu
Countries where Paribu ranks in our local guide. Availability beyond these is possible but unverified by us.
TurkeyFrequently asked questions
How are Paribu's commissions calculated?
On two axes. Lira rates start from 0.25 to 0.35 percent and fall with your 30-day trading volume, and separately they fall with how long the account has existed, in bands of nought to two years, two to five, and over five. A new account pays the top rate whatever it trades.
Is Paribu more expensive than BtcTurk?
On lira pairs, yes. Paribu starts at 0.25 to 0.35 percent against BtcTurk's 0.12 to 0.2 percent and Binance TR's 0.1 percent maker. What Paribu offers instead is scale and a clean security record.
Are USDT trades cheaper on Paribu?
Considerably. USDT pairs are priced at 0.01 percent to makers and 0.10 percent to takers, an order of magnitude below the lira rates. Buying bitcoin with lira is still the simpler path for most people.