Review on Paribu by Alexander Grizma

-The newly founded Paribu exchange is a centralized platform. According to Coingecko, the exchange has an average (7) reliability rating. 41 cryptocurrencies are traded on the exchange, the most active trading pair is DOGE / TRY. The maximum trading volume in recent months and days has been reached in the amount of tens of thousands of BTC.

And this is a great result. The number of currencies available for trading is 47. The number of trading pairs is 58.

The trading volume is several thousand (US dollars), which is the minimum percentage of the total trading volume on cryptocurrency exchanges, and according to this indicator, Paribu ranks 73rd. Trading commissions are small. Derivative transactions are not possible on Paribu. Margin trading (leveraged trading) is not provided. The exchange interface supports languages: Turkish.

Everyone would like to acquire a source of passive income. This method of replenishing a personal or family budget is quite in demand and for a certain category of people it is a serious financial help. But investing money in online crypto-exchanges that promise serious profits in a short time can bring disappointment and loss of invested funds instead of passive income. The list of Internet resources, the expediency of investing money in which is in question, has been replenished with another sample in the form of the Paribu crypto exchange.

Paribu offers to make money on fluctuations in the rates of highly liquid cryptocurrency assets. This “win-win” approach will provide substantial, and most importantly, regular income. But the use of common phrases on the topic of cryptocurrencies that have set the teeth on edge even for ordinary Internet people is an incomprehensible business model.The exchange positions itself as a major regional player, leading the rating of crypto exchanges in Turkey and in the segment of Turkish-speaking visitors. The only language of the resource is Turkish. There is no other language version, even English. This makes it difficult for clients from other countries to work with the exchange.

The company considers its main competitive advantage to be a team of professional traders who, at an expert level, are guided in cryptocurrency trading. In addition, the focus is on an offline cryptocurrency storage wallet built into the platform with increased resistance to hacks and other malicious activities. It is stated that this approach makes the exchange almost unique in its market segment and gives an almost guaranteed ticket to the number of TOP world-class cryptocurrency exchanges.