Compare Paribu vs Upbit
On this page, you can compare Paribu with Upbit. 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. Upbit was founded in 2017 in South Korea.
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 Paribu. 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 Upbit 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. Upbit has a mobile app available for iOS and Android.
Paribu has 1 language available, which is Turkish. Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.
| Company | ||
|---|---|---|
| User rating | 2 user reviews | 19 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 2 user reviews | 19 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.
|
UpBit is based in South Korea. It was founded in 2017 by Korean developer KakaoTalk. The exchange is very user-friendly and provides a high level of security. UpBit supports the trade of about 195 cryptocurrencies, some of which are quite rare, and 330 market trading pairs.
|
Founding Date
| 2016 | 2017 |
Country
| Turkey | South Korea |
Type
| Centralized | Centralized |
Languages
| Turkish | Korean, Indonesian, Malay, Thai |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Eski Büyükdere Cd. No: 1/1, Z1, 4 Levent, Istanbul | Seoul, South Korea (The exchange does not disclose the exact location of its office) |
Fees
| In order to access the Exchange's fee schedule, please visit https://destek.paribu.com/hc/tr/articles/115001550829-Komisyon-%C3%9Ccretleri-Nelerdir |
BTC Markets 0.2% USDT Markets 0.2% SGD Markets 0.25% Full fee schedule: https://sg.upbit.com/service_center/guide |
| 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.
|
UpBit is based in South Korea. It was founded in 2017 by Korean developer KakaoTalk. The exchange is very user-friendly and provides a high level of security. UpBit supports the trade of about 195 cryptocurrencies, some of which are quite rare, and 330 market trading pairs.
|
|---|---|---|
| Founding Date | Founding Date 2016 | Founding Date 2017 |
| Country | Country Turkey | Country South Korea |
| Type | Type Centralized | Type Centralized |
| Languages | Languages Turkish | Languages Korean, Indonesian, Malay, Thai |
| 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 Seoul, South Korea (The exchange does not disclose the exact location of its office) |
| 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
BTC Markets 0.2% USDT Markets 0.2% SGD Markets 0.25% Full fee schedule: https://sg.upbit.com/service_center/guide |
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.
Upbit trading volume is 147,804,050.0. The exchange has 309 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not 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 | 147804050 |
Pairs
| 17 | 309 |
Coins
| 18 | 190 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 11988315 | Volume 147804050 |
|---|---|---|
| Pairs | Pairs 17 | Pairs 309 |
| Coins | Coins 18 | Coins 190 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| 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 | sg.upbit.com |
| @paribucom | @upbitglobal |
Number of followers
| 18021 | 4920 |
| Website | Website www.paribu.com | Website sg.upbit.com |
|---|---|---|
| Twitter @paribucom | Twitter @upbitglobal | |
| Number of followers | Number of followers 18021 | Number of followers 4920 |
Rating
| User rating | 2 user reviews | 19 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Paribu user rating is 3, based on 2 user reviews. Upbit user rating is 2.8, based on 19 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 Upbit. 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. Upbit was founded in 2017 in South Korea.
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 Paribu. 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 Upbit 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. Upbit has a mobile app available for iOS and Android.
Paribu has 1 language available, which is Turkish. Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.