Review on Paritex by Ibrahim Sunday

Name: Paritex
Item: Paritex
Rating: 3

March 21, 2021

Paritex Exchange

experienceT﻿he exchanges emerging every single day all comes with a special terms of use, offers and benefits. Choosing the best one from such a long list is a very hard and challenging task as you need to select the most effective and secure
When choosing, always take note and go for ones with low trading fees, ones with low trading fees, low withdrawal fees as these ensures and contribute to your profit. Not forgetting the security as a pillar factor, go for exchanges with good information about the founders and regulatory bodies in which they are being registered to. ﻿ look out for ones which have the combination of all these and one which suits you perfectly
Paritex Exchange is one ﻿commendabke exchange in terms of its user interface design and functionalities which ensures easy navigation and use of the platform
It is a Turkish exchange which was launched in 2019, formatted in two languages in Turkish and English. They where able to list a good number of coins which is being traded with various pair at a competitive fee of 0.1% which is fair enough. The withdrawal and deposits systems are good, as they charge 0.0006BTC for transaction fees. They accept deposits through crypto and wire transfer. They not yet registered to the SEC of the US, which doesn't allows users in US to use. The security is questionable, as no much information about the founders. If you love any of their service, be sure you invest just a little in case of any shutdown
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Pros

They perform all basic function of an exchange, they also have a good trading view which enables you trade with ease
They have a good lay out which enables easy navigation and use
It is formated in two languages, Turkish and English
It has listed a good number of coins about 50 or more and also supports fiat currency deposits and withdrawal

Cons

Its founders are not known, thus makes investment of large volume very risky as they could shutdown anytime without any information
The community on telegram all speak Turkish