Comparison of Bitvavo vs Paribu [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Bitvavo vs Paribu comparison!

Your expert: Alejandro Borja

bitvavo

Bitvavo

Your expert: Xavier Tarrasó

paribu

Paribu

Main points

Fees

0,15%/0,25%

Earns

Yes

Customer service

4/5
0,25%/0,35%

Fees

Yes

Earns

4/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.1 – Low fees with additional discounts for high-volume traders.
3.8 – Competitive fees with strong local support in Turkey.

Level

0,15%/0,25%
0,25%/0,35%

Brief explanation

Bitvavo’s commission structure is designed to be highly competitive, particularly appealing to both new entrants and experienced traders in the cryptocurrency market. The platform operates on a tiered fee system where the trading fees decrease as the user’s 30-day trading volume increases. Starting from 0.25% for takers and 0.15% for makers, these fees can go as low as 0.03% for takers and 0.00% for makers, depending on the trading volume. This encourages active trading and is beneficial for high-volume traders seeking to minimize costs while maximizing their trading strategies.
Paribu charges a trading fee structure that is slightly above the industry average, consisting of 0.35% for takers and 0.25% for makers. These fees can be reduced based on trading volume, providing an incentive for active traders. This tiered fee system aligns well with traders who maintain high monthly trade volumes, as they can benefit from reduced costs, lowering the fees to as much as 0.15% for both makers and takers under certain conditions. This approach encourages more trading activity while also supporting both casual and serious traders in managing their trading expenses effectively.

Bitvavo

Paribu

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

etoro logotipo

Direct link to the website

Product selection

Native token

No
No

Earns

Yes
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Bitvavo B.V.
Unknown

Regulation

Regulated in the Países Bajos
Not regulated

Year founded

2017
2017

Founder

Unknown
Yasin Oral

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
Yes

Wire transfer

Yes
Yes

Card

Yes
Yes

Comparative table

Bitvavo FEATURES Paribu
Bitvavo allows users to start trading with small amounts, making it accessible for beginners.
Minimum Trade
Paribu allows trading with very low minimum thresholds, making it accessible for beginners and those with limited capital.
Bitvavo offers some of the lowest fees in Europe, which are transparent and competitive.
Trading and Transaction Fees
Paribu’s fees are slightly above average, but it offers reductions for higher volume traders, balancing cost with trading activity.
Supports a wide variety of over 50 cryptocurrencies, catering to diverse trading preferences.
Number of Cryptocurrencies
Paribu offers a moderate variety of cryptocurrencies, primarily focusing on major ones, which might limit options for those looking to trade less common coins.
Offers a robust selection of trading pairs, allowing for versatile crypto-to-crypto transactions.
Crypto-to-Crypto Trading Pairs
The platform has limited crypto-to-crypto pairs, focusing mainly on fiat to crypto transactions, which could be a downside for versatile traders.
The website provides clear information about fees, policies, and trading options.
Website Transparency
The website provides clear information about trading conditions and fees, though some details about governance and operations could be more comprehensive.
While Bitvavo excels in providing a secure and user-friendly trading platform, the lack of an exchange card limits the flexibility for users to spend and gain direct benefits from their cryptocurrency holdings in everyday transactions.
Credit/Debit Card
As Paribu focuses primarily on cryptocurrency trading within the Turkish market, the absence of an exchange card limits the utility and flexibility for users seeking integrated financial services like spending crypto directly for purchases or earning rewards. This could be an area for potential development to enhance user engagement and overall platform utility.
Provides secure storage solutions with cold storage options for the majority of assets.
Storage Offering
Offers secure storage solutions, but lacks some advanced security features like multi-sig wallets or insurance on assets.
Offers staking services with rewards but has room for expansion in terms of options and higher returns.
Staking and Rewards
Limited staking options are available, which might not cater to users looking to earn through staking or participation in network security.
Both the mobile app and desktop platforms are highly user-friendly and well-designed.
Mobile App and Desktop
Both mobile and desktop platforms are user-friendly and well-designed, offering good usability but lacking some advanced trading tools.
Exceptional customer service with multiple channels for support and quick response times.
Customer Service
Excellent customer service with 24/7 availability and multiple support channels, including direct responses.
Efficient deposit and withdrawal processes, although improvements can be made in variety.
Deposit and Withdraw
Offers multiple deposit and withdrawal methods but can improve by adding more international options and reducing fees for certain transactions.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,9/5
High 4,6/5

Additional features

Staking, Bitvavo Earn program, API access, fiat on/off ramps
Staking, fiat on/off ramps, Paribu Earn, educational resources

Anonymity

No
No

Key points

Available cryptocurrencies

150+
50+

User-friendliness

Bitvavo features an intuitive and user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a smooth and seamless trading experience.
Paribu features a user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a seamless trading experience with all necessary features easily accessible.

Value for money

Delivers good value for money with low trading fees and a user-friendly interface, making it an affordable choice for European traders.
Offers good value for money with competitive fees and strong local support in Turkey, making it a good choice for regional users.

Countries of operation

Netherlands, Germany, France, Spain, Italy
Turkey

Best for

Great for European traders looking for a user-friendly platform with low trading fees and a diverse selection of cryptocurrencies.
Suitable for Turkish investors looking for a reliable platform with competitive fees and strong local support.

Base currencies available

EUR, BTC
TRY, BTC

Account

Trading

Bitvavo is a European exchange known for its low fees and wide range of cryptocurrencies. It offers a user-friendly interface but lacks some advanced trading features.
Paribu is a popular exchange in Turkey, offering a good selection of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading tools.

Deposit and withdrawal

Bitvavo supports various deposit methods, including bank transfers and crypto. Withdrawals are processed within a day, with minimal fees, making it user-friendly.
Paribu is popular in Turkey, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.

Account opening process

Bitvavo provides an easy and quick account opening process. Users need to fill out personal details and verify their identity. The process is fully digital and typically takes less than a day to complete.
Paribu provides a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and usually completed within a day.

KYC required?

Yes
No

Customer Service

Bitvavo provides support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support can be a limitation for some users.
Paribu provides support through email and live chat. The response time is quick, and the support team is available 24/7, making it reliable for users in Turkey.

Security

Bitvavo employs comprehensive security measures, including 2FA and cold storage. It is regulated by Dutch authorities, ensuring high security for investors.
Paribu ensures security through 2FA, encryption, and cold storage. It is regulated by Turkish authorities, providing a secure environment for investors.

Which of these exchanges is for you?

As an expert on our website, I highly recommend Bitvavo for those looking to engage in cryptocurrency trading, especially within Europe. The exchange combines low fees, a user-friendly interface, and robust security measures, making it an excellent choice for both beginners and seasoned traders. With its wide range of cryptocurrencies and effective customer support, Bitvavo stands out as a reliable platform to efficiently manage your digital assets.
As a seasoned analyst observing the dynamics of cryptocurrency exchanges, I find Paribu particularly noteworthy for investors who prioritize ease of use and are based in Turkey. The exchange’s robust local currency support and user-centric approach make it an appealing platform for beginners. It’s ideal for those seeking to enter the crypto market with a straightforward and secure trading environment. If you are navigating the complex world of cryptocurrencies for the first time, Paribu’s tailored features and strong customer support structure provide a comforting starting point.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Bitvavo and Paribu