In the digital currency trading market, it is crucial to choose a legal and safe exchange. Paribu Exchange is one of the platforms that has received much attention in recent years, but whether it is legal and formal requires us to have an in-depth understanding of its internal operations and supervision.

First, let's explore the legality of Paribu Exchange. As one of the largest cryptocurrency exchanges in Turkey, Paribu operates legally under the supervision of the Turkish Financial Regulatory Authority. The exchange follows local regulations, operates in compliance, and provides users with a safe trading environment. In addition, Paribu also protects user assets through strict security measures, including cold and hot wallet storage, multi-signature technology, etc., to ensure that transactions are safe and reliable.

Secondly, regarding the question of whether Paribu Exchange is formal, we need to look at it from multiple angles. First of all, Paribu has a good reputation and user reputation. Many investors choose to trade on this platform and have received stable services and support. Secondly, Paribu provides a variety of cryptocurrency trading pairs, covering mainstream digital assets, providing users with a wider range of choices. In addition, Paribu also conducts regular security audits to ensure the normal operation of the exchange and reduce potential risks.

In terms of user experience, Paribu focuses on user needs, provides a simple and easy-to-use trading interface and fast transaction execution to meet users' needs for efficient transactions. In addition, Paribu also actively participates in community building, organizes various online and offline activities, enhances communication and interaction between users, and creates a positive trading atmosphere.

However, formality is not a one-time judgment, and investors still need to be cautious when choosing an exchange. Although Paribu performs well in terms of legality and formality, the digital currency market is volatile and there are certain risks. Investors should carefully choose exchanges and investment targets based on their own risk tolerance and investment goals.

In summary, Paribu Exchange's performance in terms of legality and formality is worthy of recognition, but investment still needs to be cautious. Choosing a suitable exchange is the first step to successful investment. I hope that investors will fully consider market risks and personal circumstances when making decisions, invest rationally, and trade cautiously. I wish you a rich return in the digital currency market. Thank you for reading!

Paribu Exchange was established in December 2016 and is registered in Turkey. The exchange is a Bitcoin international station headquartered in Turkey. According to the latest market data, as of 14:38 on October 10, 2021, the 24-hour trading volume of Paribu Exchange was US$4.4932 million, ranking below 100 in the world. The current spot rate of the exchange is 0.35%, and the KYC certification status is unknown. Currently, the transaction supports spot trading. The above data shows that the market conditions of the exchange are still good. So is Paribu Exchange legal? Many investors want to know if it is a formal exchange? Let the editor of the currency circle talk about it.

 Is Paribu Exchange Legal?

Paribu Exchange is legal. Turkey's leading cryptocurrency trading platform
Paribu was launched on February 14, 2017 and has about 4 million users, providing fast, simple and secure trading services. In Paribu, you can buy and sell dozens of cryptocurrencies including Bitcoin, and you can conduct
24/7 cryptocurrency trading and TL deposits and withdrawals. Paribu facilitates cryptocurrency trading through its 24/7 support department.

·24/7 fast processing and support

·7/24 TL deposits and withdrawals at Akbank, Ziraat Bank, Yapı Kredi Bank, Vakıfbank and Fibabanka

·Electronic transfer transactions through all banks during business hours

·Dozens of cryptocurrencies selected by checking their basic and technical characteristics

·No lower limit for TL and crypto deposits

·Infrastructure suitable for high-volume transactions and fast buying and selling

·User-friendly mobile applications (IOS-Android)

·Practical and fast trading advantages of a single application

·Transparency in market transactions

 Is Paribu a formal exchange?

Paribu is a formal exchange and since its inception, our line of activity has been people-oriented, helpful and respectful of nature.

We regard the goals set by the United Nations to change the world as a compass, which coincides with the core values of Paribu.

We take responsibility for “Eliminating Poverty”, “Quality Education” and “Clean Water and Sanitation”, the three goals published under the title of the Sustainable Development Goals. We support NGOs to translate our values into action.

Regularly support the AHBAP platform, which organizes aid events for those in need and helps to strengthen the sense of social cooperation, the Community Volunteer Foundation, which is committed to ensuring that young people receive a good education, the Sen De Gel
Association, which develops projects for poor areas of the world and fights poverty. We are breaking new ground in Turkey and making cryptocurrency donations to the UNICEF Turkey Foundation through Paribu, which focuses on the needs of children in the most difficult situations.

In addition, we sponsor İKSV Alt
Kat, which is committed to ensuring that children and young people have easy access to culture and art, and Istanbul Women in Blockchain, which aims to increase the number of female entrepreneurs in the ecosystem and get more women involved in the sector. As we said in our manifesto; we don’t wait for the future, we choose to be one of the people who build it.

Paribu's trading volume record:

December 2017: 5,800 BTC trading volume, ranked 16th on CoinMarketCap-World

March 20, 2020: 9,900 BTC trading volume

April 1, 2020: World champion with 15 million WAVES

May 4, 2020: World champion with $12 million HOT trading volume

May 4, 2020: World runner-up, $1.4 million CHZ trading volume

March 14, 2021: Third in the world, $1.5 billion in trading volume

April 16, 2021: $2.79 billion in trading volume

To sum up, this is the answer to the two questions of whether Paribu Exchange is legal and whether Paribu is a formal exchange. I hope that this introduction to Paribu Exchange by the editor of the currency circle can help investors have a more comprehensive and thorough understanding of this exchange. The editor of Coin Circle reminds all investors here that from the official website interface of Paribu Exchange, Paribu Exchange is still a relatively attentive exchange. The page settings of its official website are very reasonable, and the various functional divisions are very detailed. The entire page design looks relatively comfortable. Sometimes we can see how an exchange treats users from the official website page of an exchange.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.