Cryptocurrency Q&A Is paribu exchange safe?

Is paribu exchange safe?

BonsaiGrace BonsaiGrace Thu Oct 10 2024 | 6 answers 1486
I'm considering using Paribu exchange for crypto trading, but I'm concerned about its safety. Is Paribu a secure platform for buying and selling cryptocurrencies? Can I trust it with my funds? Is paribu exchange safe?

6 answers

Andrea Andrea Fri Oct 11 2024
To assess the safety of Paribu, one can look at its security rating. Unfortunately, Paribu's security rating stands at D, which indicates a relatively low level of security.

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GeishaMelody GeishaMelody Fri Oct 11 2024
Paribu, a centralized cryptocurrency exchange, came into existence in 2017 and holds a Turkish registration. This platform facilitates the buying and selling of digital currencies in a centralized manner.

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Federico Federico Fri Oct 11 2024
Furthermore, Paribu's security score is 19%, which reinforces the notion that the platform may not be the safest option for storing and trading cryptocurrencies. This score is a reflection of the exchange's security measures and their effectiveness in protecting user funds.

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Raffaele Raffaele Fri Oct 11 2024
In contrast, BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a cryptocurrency wallet. These services are designed to cater to the diverse needs of investors and traders, while ensuring the safety of their funds.

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DongdaemunTrendsetter DongdaemunTrendsetter Fri Oct 11 2024
When it comes to daily trading activity, Paribu boasts a significant volume of $85,564,040. This figure highlights the platform's popularity and the level of interest among investors and traders.

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