Paribu

What Is Paribu?

Founded in 2017, Paribu has been playing a key role in the development of Turkey’s crypto asset ecosystem by delivering innovative blockchain-based products and services. Paribu offers a fast, easy, and secure exchange experience with more than 200 crypto assets, including Bitcoin, Ethereum, Solana, and Ripple. The platform combines cutting-edge technology with comprehensive security measures, offering Turkish Lira (TRY) and USDT trading pairs and instant fiat-to-crypto conversions.

With a focus on regulatory compliance and customer satisfaction, Paribu has become a trusted gateway for Turkish investors entering the cryptocurrency ecosystem. The exchange features an intuitive interface, competitive trading fees, 24/7 customer support in Turkish, and robust mobile applications for iOS and Android devices. Paribu's commitment to innovation and security has positioned it as a cornerstone of Turkey's digital asset infrastructure.

Beyond its role as a crypto asset service provider, Paribu positions itself as a supporter of culture, art, and entertainment, alongside its strategic investments in these fields.

Who Are the Founders of Paribu?

Paribu was founded by Yasin Oral in 2017. He has served as the company’s CEO since its establishment. Paribu was launched on February 14, 2017, under the leadership of Yasin Oral, connecting Turkey’s traditional financial infrastructure with the global digital asset ecosystem.

Born in Ankara, the capital of Turkey, Oral graduated from the Faculty of Economics and Administrative Sciences at Gazi University. With a background in technology and finance, he is recognized as one of Turkey’s prominent entrepreneurs. Oral has developed several digital projects, including matbuu[.]com, the country’s first online printing platform.

He is also a Board Member of the Turkish Informatics Foundation (TBV), a member of the Executive Board of Blockchain Turkey Platform (BCTR), and a member of Endeavor Turkey.

The founding team behind Paribu brought together seasoned professionals from blockchain, finance, technology, and cybersecurity, to develop a secure and innovative cryptocurrency exchange designed to serve the Turkish market.

When Did Paribu Launch?

Paribu officially launched in February 2017, making it one of Turkey's earliest cryptocurrency exchanges. The platform began operations during a pivotal period in the global cryptocurrency market, positioning itself as one of the first-movers in the Turkish digital asset ecosystem. Since its inception, Paribu has continuously evolved its platform, adding new features, trading pairs, and security enhancements to meet the growing demands of Turkish crypto traders.

Where Is Paribu Located?

Paribu is headquartered in Istanbul, Turkey, operating as Paribu Kripto Varlık Alım Satım Platformu A.Ş. The company maintains its primary operations center in Turkey's financial capital. As a Turkish-registered company, Paribu operates in line with local regulations and collaborates with Turkish financial institutions.

Paribu Operating Countries

Paribu primarily serves residents of Turkey and operates in accordance with Turkish financial regulations and international AML/CFT standards. The platform requires comprehensive KYC (Know Your Customer) verification for all users, ensuring compliance with regulatory requirements.

Paribu can also provide worldwide custody services through Paribu Custody, Türkiye’s first and only digital asset custody provider powered by its proprietary technology and offering institutional-grade custody solutions.

What Coins Are Supported in Paribu?

Paribu offers an extensive selection of digital assets, supporting over 200 crypto assets from fan tokens to Paribu Box, featuring early-stage crypto projects. You can trade, deposit, and withdraw Bitcoin, Ethereum, and other cryptocurrencies anytime you want.

Security and Technology

Paribu sets the industry standard in digital asset security. Paribu safeguards user assets with ColdShield®, a multi-layered security architecture developed by Paribu’s in-house engineers. ColdShield® combines HSM, SGX, and MPC technologies, forming the foundation of Paribu’s transaction and asset security with its unique architecture. Instead of relying on third-party crypto custody providers, Paribu protects assets with its proprietary technology. Paribu also offers institutional-grade digital asset custody services under the brand named Paribu Custody.

• Cold storage: At least 95% of digital assets stored offline, in line with Turkish regulatory requirements
• Multi-signature wallets: Enhanced security for fund transfers
• Two-factor authentication (2FA): Mandatory account protection
• Passkey technology: Passwordless authentication
• SSL encryption: Secure data transmission
• DDoS protection: Advanced infrastructure resilience
• Regular audits: Independent third-party audits of security and fund reserves.

Paribu Mobile Applications

Available for both iOS and Android devices, the Paribu app has been downloaded over 7 million times, making it one of Turkey's most popular financial applications.

Some highlights of the product:

• 24/7 TRY deposits
• 200+ cryptocurrencies and nearly 30 fan tokens
• Access to early-stage projects through the BOX category
• Market, Limit, and Stop-Loss order types
• Hyper Engine matching system offering millisecond-level trade execution
• Price Alerts for real-time market tracking
• Easy trading with Buy / Sell interface
• Advanced asset security with proprietary ColdShield® technology
• Secure access with passkey and two-factor authentication (2FA)
• Candlestick and line charts, plus order book depth visualization
• Popular indicators & oscillators including Moving Averages, RSI, and Bollinger Bands
• Personalized watchlist for following selected markets and assets
• Professional trading experience with Advanced View mode
• Quick crypto transfers with QR Transfer feature
• Crypto gifting with the Crypto Bouquet feature
• Customizable interface with light and dark mode options
• 24/7 customer support via phone and email

Customer Support and Education

Paribu provides comprehensive support services, offering 24/7 support from the Paribu Support section on the website, in-app, or via phone at 0850 303 60 00.

ParibuLog, Paribu’s corporate blog, reflects the company’s vision of becoming a reliable source of accurate information in the crypto industry. In line with this mission, Paribu also produces in-depth content for the technology ecosystem, helping to foster knowledge and awareness across the industry.

Through its publishing brand Paribu Reads, Paribu has contributed to the Turkish editions and book adaptations of eight titles as of May 2025, supporting the accessibility of influential works that advance technology and financial literacy.

Some of the books published in Turkish by Paribu Reads include:

• Read Write Own: Building the Next Era of the Internet — Chris Dixon, 2025
• DeFi and the Future of Finance — Campbell R. Harvey, Ashwin Ramachandran & Joey Santoro, 2024
• Web3: Charting the Internet’s Next Economic and Cultural Frontier — Alex Tapscott, 2024
• Digital Asset Revolution — Alex Tapscott, 2023
• Blockchain Revolution — Alex Tapscott & Don Tapscott, 2022
• The Basics of Bitcoins and Blockchains — Antony Lewis, 2021

Paribu has also been conducting the Cryptocurrency Awareness and Perception Survey, the most comprehensive study of its kind in Turkey, every year since 2019.

Regulatory Compliance

Paribu conducts its activities in Turkey with a commitment to full compliance, in accordance with the Capital Markets Law No. 6362 and secondary regulations. Paribu Kripto Varlık Alım Satım Platformu A.Ş., operating in Türkiye, has completed its application for operating authorization in line with the timetable set by the Capital Markets Board of Türkiye (SPK).