- 5 Nov 2024
- Elara Crowthorne
- 18
Paribu Exchange Fee Calculator
Estimate your maker and taker fees based on your monthly trading volume in TRY.
Your Estimated Fee Tier
Estimated Fees
Compare Paribu's fee schedule with industry averages.
| Tier | 30-Day Volume (TRY) | Maker Fee | Taker Fee | Industry Avg (Maker/Taker) |
|---|---|---|---|---|
| Level 1 | 0 – 10,000 | 0.25% | 0.35% | 0.20% / 0.25% |
| Level 5 | 250,001 – 500,000 | 0.15% | 0.25% | 0.20% / 0.25% |
| Level 10 | > 5,000,000 | 0.01% | 0.06% | 0.20% / 0.25% |
See how Paribu compares to Binance and Coinbase on key features.
| Feature | Paribu | Binance | Coinbase |
|---|---|---|---|
| Fiat support | TRY only | USD, EUR, GBP, etc. | USD, EUR, GBP, CAD |
| Spot pairs | ~180 (all TRY) | 1,200+ (multiple fiat) | 600+ (multiple fiat) |
| Margin/Futures | No | Yes | No |
| API access | No | Yes | Yes |
| Average taker fee | 0.35% | 0.10%–0.20% | 0.25% |
| Security features | 2FA, transaction codes | 2FA, hardware keys, insurance | 2FA, hardware keys, insurance |
Did you know that more than 60% of Turkish crypto traders start with a local platform before venturing abroad? Paribu is a home‑grown exchange launched in 2017 that targets exactly that crowd. It promises a Turkish‑language, TRY‑focused gateway to Bitcoin, Ethereum and hundreds of altcoins, but how does it really perform when you dig into fees, security and feature set? This review breaks down every crucial piece so you can decide whether Paribu fits your trading style.
Quick Takeaways
- Paribu supports 150‑190 crypto assets, all paired with Turkish Lira (TRY).
- Maker fees start at 0.01% and can drop to 0.25% for high‑volume users; taker fees sit at 0.35% for most traders.
- Security includes 2FA and transaction codes, but lacks hardware‑key options and insurance.
- Deposits/withdrawals work only with Turkish banks - no credit cards or foreign fiat.
- Best for Turkish beginners who want a simple mobile‑first interface; not ideal for advanced traders seeking leverage or API access.
What Paribu Is and Who It Serves
Paribu positions itself as a “one‑stop shop” for Turkish residents to buy, sell, and store crypto. The platform’s TradingView integration gives users charting tools that are functional but not as deep as those on global rivals. Because every trading pair is quoted in TRY, the exchange sidesteps the need for foreign exchange conversions, which can be a relief for newcomers who struggle with price volatility across currencies.
Fee Structure - The Good, The Bad, and The Ugly
Paribu runs a 10‑level tier system. Your level depends on 30‑day trading volume, and each tier offers better maker/taker rates. Below is a snapshot of the most common brackets:
| Tier | 30‑Day Volume (TRY) | Maker Fee | Taker Fee | Industry Avg (Maker/Taker) |
|---|---|---|---|---|
| Level 1 | 0 - 10,000 | 0.25% | 0.35% | 0.20% / 0.25% |
| Level 5 | 250,001 - 500,000 | 0.15% | 0.25% | 0.20% / 0.25% |
| Level 10 | > 5,000,000 | 0.01% | 0.06% | 0.20% / 0.25% |
For casual traders the extra 0.10%‑0.15% on taker fees might feel negligible, but high‑frequency users quickly notice the gap. Withdrawal fees are more friendly - Bitcoin withdrawals cost 0.0005BTC, which sits below the industry median.
Security Measures - Solid Basics, Limited Extras
Paribu protects accounts with two‑factor authentication (SMS or authenticator app) and a mandatory transaction code for every outbound transfer. The exchange stores the bulk of user funds in cold wallets, a standard practice across the sector. However, it does not yet support hardware security keys, advanced anti‑phishing tokens, or a public insurance policy for stored assets. In a 2024 security audit, the platform earned a “good” rating for its basic safeguards but was flagged for lacking the depth seen on Binance, Coinbase, or Kraken.
Trading Features - Simplicity Over Sophistication
Paribu focuses on spot trading only. You can place market, limit, and stop‑limit orders, but there is no margin, futures, or options market. API access is absent, meaning you can’t hook up bots or third‑party charting tools. The mobile apps (iOS & Android) deliver the full web experience, allowing you to set price alarms, view real‑time order books, and check balance with a few taps. For beginners, this stripped‑down approach reduces confusion; for pros, the lack of depth is a deal‑breaker.
Deposits, Withdrawals, and Fiat Compatibility
All fiat movement runs through Turkish banks. Paribu partners with nine major banks for instant TRY deposits via local transfers, and it supports FAST transfers for off‑hours banking. Minimum deposit is TRY10; there’s no upper ceiling. Credit cards, PayPal, or international wires are not accepted. Crypto withdrawals are processed within 30‑60minutes on average, with Bitcoin, Ethereum and a handful of popular tokens supported.
Pros and Cons - At a Glance
- Pros
- Fully Turkish‑language UI - ideal for local users.
- Direct TRY trading pairs eliminate currency conversion fees.
- Intuitive mobile app with price‑alert feature.
- Regulatory compliance with Turkish financial authorities.
- Cons
- Higher taker fees than most global exchanges.
- No advanced tools (margin, futures, API).
- Limited to Turkish fiat - no EUR, USD, or crypto‑on‑ramp.
- Security lacks hardware‑key support and insurance.
How Paribu Stacks Up Against Global Players
Below is a quick side‑by‑side look at Paribu, Binance and Coinbase on the features most traders care about.
| Feature | Paribu | Binance | Coinbase |
|---|---|---|---|
| Fiat support | TRY only | USD, EUR, GBP, etc. | USD, EUR, GBP, CAD |
| Spot pairs | ~180 (all TRY) | 1,200+ (multiple fiat) | 600+ (multiple fiat) |
| Margin/Futures | No | Yes | No |
| API access | No | Yes | Yes |
| Mobile app rating (iOS) | 4.2/5 | 4.7/5 | 4.5/5 |
| Average taker fee | 0.35% | 0.10%‑0.20% | 0.25% |
| Security features | 2FA, transaction codes | 2FA, hardware keys, insurance | 2FA, hardware keys, insurance |
For a Turkish‑only audience the local partnership advantage can outweigh the missing bells and whistles. For anyone looking to trade with leverage, integrate bots, or use non‑TRY fiat, the global giants win hands‑down.
Who Should Choose Paribu?
If you are a Turkish resident who wants a simple way to dip toes into crypto without juggling foreign bank accounts, Paribu checks most boxes. It also works well for users who prefer a mobile‑first experience and are comfortable with the higher taker fee because they trade infrequently. On the flip side, professional traders, institutional investors, and anyone needing multi‑currency support should think about migrating to a platform with broader tools.
How to Get Started - Step‑by‑Step
- Download the Paribu app from the App Store or Google Play.
- Register using your Turkish national ID and a proof‑of‑address document.
- Complete KYC verification - usually within 24‑48hours.
- Link a partner bank account and transfer a minimum of TRY10.
- Navigate to the “Buy/Sell” tab, choose Bitcoin (BTC) or any listed coin, and place a market or limit order.
- Enable 2FA in the security settings and set a transaction code for withdrawals.
That’s all you need to start trading. If you hit a snag, Paribu’s 24/7 phone line (+908503036000) and ticket system are the primary support channels.
Future Outlook - Where Is Paribu Headed?
Paribu’s roadmap hints at a broader asset list (potentially crossing 190 tokens) and the addition of fan‑token offerings. However, there are no concrete plans for futures, margin, or API development as of late‑2025. The platform’s growth will likely track Turkey’s regulatory climate - a stable policy environment could cement its local dominance, while harsher rules might push traders toward international exchanges.
Frequently Asked Questions
Can I use Paribu if I live outside Turkey?
Technically you can sign up, but the platform only accepts TRY deposits and withdrawals through Turkish banks. Without a local bank account you’ll be unable to move fiat, making the exchange impractical for non‑Turkish residents.
Is Paribu’s 2FA sufficient for protecting my funds?
2FA adds a solid layer of defense, but it’s not as robust as hardware‑key authentication. Pair 2FA with a strong, unique password and enable the transaction code for an extra safety net.
How do Paribu’s fees compare to Binance?
Binance’s taker fees start around 0.10%‑0.20% for most users, while Paribu’s standard taker fee sits at 0.35%. Maker fees are similar at the highest volume tiers, but Paribu’s fee structure is generally less competitive for active traders.
What crypto can I trade on Paribu?
Paribu lists between 150 and 190 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and a growing selection of DeFi tokens and fan‑tokens. All pairs are quoted against TRY.
Does Paribu offer any insurance for stored crypto?
No public insurance policy has been announced. The exchange relies on cold‑storage practices, so users should consider moving large balances to personal hardware wallets for added safety.
18 Comments
Paribu’s Turkish focus makes it a solid starter exchange for locals.
I see the value for newcomers, especially with the mobile‑first design. The simplicity can really help people get comfortable with crypto without the overwhelm of global platforms.
Wow, the fee gap is huge!!! If you’re a frequent trader you’ll bleed cash faster than a leaky faucet!!! Consider Binance if you care about margins and API access!!!
Yo, I love the vibe but the fee thing is kinda like a sticky note on a fridge - you notice it every time you open the door. Still, for a Turkish‑only crowd it’s a decent first step, just watch those taker fees!
For anyone just testing the waters, Paribu’s UI is friendly enough that you won’t need a tutorial. Keep your trades small at first and you’ll get the hang of it without stress.
Honestly, the lack of API is a bummer for power users, but the app’s color scheme is pleasant and the price‑alert feature is handy. If you’re okay with spot‑only, it does the job.
Let’s unpack why Paribu’s “security” narrative may be a smoke‑screen. First, the reliance on SMS‑based 2FA is a known vector for SIM‑swap attacks, which hackers exploit en masse. Second, the absence of hardware‑key support eliminates a critical layer of defense that most serious platforms have already adopted. Third, the exchange stores the majority of assets in cold wallets, but without transparent audits the public can’t verify the percentage truly offline. Fourth, there is no disclosed insurance policy, meaning users bear full loss risk in a breach scenario. Fifth, the platform’s KYC process, while compliant, may be vulnerable to insider misuse given limited oversight. Sixth, the transaction‑code requirement adds a step, yet if the code is stored insecurely on the device, it offers little protection. Seventh, regulatory ties to Turkish authorities could lead to forced data disclosures, compromising user privacy. Eighth, the limited fiat gateway restricts users to TRY, potentially exposing them to local economic volatility and currency devaluation. Ninth, the fee structure, while marketed as competitive, actually penalizes active traders, pushing them toward higher‑risk behavior to offset costs. Tenth, the mobile‑only focus might overlook desktop‑level security hardening. Eleventh, community reports of delayed withdrawal confirmations hint at internal processing bottlenecks. Twelfth, the lack of public penetration testing reports raises doubts about the robustness of the codebase. Thirteenth, the platform’s API absence prevents independent monitoring tools from spotting anomalies. Fourteenth, the user‑agreement clauses vaguely define the exchange’s liability in extreme events. Fifteenth, overall, the combination of these factors suggests that Paribu’s security posture is adequate for low‑stakes hobbyists but falls short for serious investors seeking comprehensive protection.
Paribu is a decent stepping stone for Turkish users 😊. If you’re just starting, the app’s simplicity is a huge plus! 🚀
From a formal standpoint, Paribu’s omission of advanced trading instruments such as derivatives and API connectivity starkly limits its utility for professional market participants; consequently, its market share among institutional actors remains negligible, reinforcing its categorization as a retail‑focused platform.
Quick note: the fee calculator works fine, just input your monthly volume in TRY.
FYI, Paribu’s fee tiers align with industry averages only at the highest volume bracket; most users will pay more than they’d expect on Binance or Kraken.
When you look at the overall ecosystem, Paribu’s decision to stay spot‑only really reflects a strategic focus on minimizing regulatory risk while catering to a domestic audience that values ease of use over sophisticated features. The mobile‑first approach dovetails with Turkey’s high smartphone penetration, ensuring that even users with limited technical expertise can navigate the platform. However, this simplicity comes at a cost: traders who wish to engage in high‑frequency strategies or leverage positions find the exchange lacking. Moreover, the absence of an API not only precludes algorithmic trading but also limits third‑party portfolio tracking, which many seasoned investors consider essential. The fee structure, while appearing competitive on paper, effectively penalizes active traders because the taker fee remains higher than the global average. In addition, the fiat onboarding process, restricted to Turkish banks, creates an extra barrier for users who might want to move funds internationally. On the security front, two‑factor authentication is a baseline requirement, yet without support for hardware keys or a public insurance policy, users must rely on personal diligence to safeguard their assets. In summary, Paribu serves as a solid entry point for newcomers within Turkey, but it will likely push more advanced users toward platforms that offer broader functionality and stronger security guarantees.
Looks okay for a local exchange, nothing crazy.
Ugh, another “just for beginners” platform. It’s like watching a toddler try to lift a weight-adorable but pointless when you want real gains.
It’s useful for those who prefer a straightforward interface; the lack of margin trading is a clear limitation, yet the platform’s compliance with Turkish regulations may appeal to risk‑averse users.
Paribu offers a decent entry point for locals, but the higher taker fees could erode profits for frequent traders.
While Paribu claims to be secure, the lack of insurance and hardware‑key support makes it unacceptable for anyone who cares about real asset protection.
Patriotic users should support home‑grown platforms, but not at the expense of compromising on essential features like API access and competitive fees.