Compare Paribu vs SimpleFX
On this page, you can compare Paribu with SimpleFX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Paribu was founded in 2016 in Turkey. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is SimpleFX. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Paribu is Centralized and SimpleFX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Paribu has a mobile app available for iOS and Android. SimpleFX has a mobile app available for iOS and Android.
Paribu has 1 language available, which is Turkish. SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.
| Company | ||
|---|---|---|
| User rating | 2 user reviews | 18 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user reviews | 18 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Paribu is a digital assets trading platform with the highest trading volume in Turkey. Allowing for Turkish Lira (TRY)-cryptocurrency transactions as a trading platform where buyers and sellers meet, Paribu has around 600,000 users. The daily trading volume on Paribu is $30 million. The number of cryptocurrencies traded on Paribu market is currently 22. Transactions can be made 24/7, including weekends, on Paribu. In addition, Paribu provides 24/7 technical support services for its clients.
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
Founding Date
| 2016 | 2014 |
Country
| Turkey | Saint Vincent and the Grenadines |
Type
| Centralized | Centralized |
Languages
| Turkish | English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Eski Büyükdere Cd. No: 1/1, Z1, 4 Levent, Istanbul | No data |
Fees
| In order to access the Exchange's fee schedule, please visit https://destek.paribu.com/hc/tr/articles/115001550829-Komisyon-%C3%9Ccretleri-Nelerdir | No data |
| About |
Paribu is a digital assets trading platform with the highest trading volume in Turkey. Allowing for Turkish Lira (TRY)-cryptocurrency transactions as a trading platform where buyers and sellers meet, Paribu has around 600,000 users. The daily trading volume on Paribu is $30 million. The number of cryptocurrencies traded on Paribu market is currently 22. Transactions can be made 24/7, including weekends, on Paribu. In addition, Paribu provides 24/7 technical support services for its clients.
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
|---|---|---|
| Founding Date | Founding Date 2016 | Founding Date 2014 |
| Country | Country Turkey | Country Saint Vincent and the Grenadines |
| Type | Type Centralized | Type Centralized |
| Languages | Languages Turkish | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Eski Büyükdere Cd. No: 1/1, Z1, 4 Levent, Istanbul | Full address No data |
| Fees | Fees In order to access the Exchange's fee schedule, please visit https://destek.paribu.com/hc/tr/articles/115001550829-Komisyon-%C3%9Ccretleri-Nelerdir | Fees No data |
Trading
Paribu trading volume is 11,988,315.0. The exchange has 17 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
SimpleFX trading volume is 0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 11988315 | 0 |
Pairs
| 17 | 16 |
Coins
| 18 | 16 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | No Fees |
Margin
| - |
| Volume | Volume 11988315 | Volume 0 |
|---|---|---|
| Pairs | Pairs 17 | Pairs 16 |
| Coins | Coins 18 | Coins 16 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | Fees No Fees |
| Margin | Margin - | Margin |
Safety
Two factor authentication
Verified
| Unverified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Unverified |
Social
Website
| www.paribu.com | simplefx.com |
| @paribucom | @SimpleFXcom |
Number of followers
| 18021 | 2300 |
| Website | Website www.paribu.com | Website simplefx.com |
|---|---|---|
| Twitter @paribucom | Twitter @SimpleFXcom | |
| Number of followers | Number of followers 18021 | Number of followers 2300 |
Rating
| User rating | 2 user reviews | 18 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Paribu user rating is 3, based on 2 user reviews. SimpleFX user rating is 5, based on 18 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Paribu with SimpleFX. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Paribu was founded in 2016 in Turkey. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is SimpleFX. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Paribu is Centralized and SimpleFX is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Paribu has a mobile app available for iOS and Android. SimpleFX has a mobile app available for iOS and Android.
Paribu has 1 language available, which is Turkish. SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian.