Review on Paribu by Gabriel Medina
Turkish exchange that accepts bank transfers although not so secure
This is a cryptocurrency exchange from the country that has a large number of cryptocurrency exchanges which is Turkey. However, investors from the United States will not be able to operate here. It is also available in a mobile application for those who do not like to use it on their desktop computer. We can download it for both Android in Google Play or App Store for iOS. This exchange only supports Bitcoin for trading. They accept bank transfers, offer wallets and cold storage. However, it only focuses on the Turkish country and is compatible with Bitcoin. Furthermore, the fees are relatively high and a telephone number is required for registration.
Generally, Paribu is a Turkish cryptocurrency exchange that only offers trading from Bitcoin to Turkish Lira currency. However, the company offering this exchange is relatively new and has not demonstrated a good level of security.
Pros
- Bank transfers are accepted.
- Mobile application for Android and iOS.
- Cold storage.
Cons
- Only compatible with Bitcoin.
- Relatively high fees.
- There are not many security features available.
