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Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Paribu | FEATURES | Switchere |
|---|---|---|
|
Paribu allows trading with very low minimum thresholds, making it accessible for beginners and those with limited capital. |
Minimum Trade |
Switchere offers a low minimum trade amount, making it accessible for beginners or those looking to experiment with small transactions. |
|
Paribu’s fees are slightly above average, but it offers reductions for higher volume traders, balancing cost with trading activity. |
Trading and Transaction Fees |
The fees are relatively high compared to industry standards, which might deter frequent traders or those dealing in larger volumes. |
|
Paribu offers a moderate variety of cryptocurrencies, primarily focusing on major ones, which might limit options for those looking to trade less common coins. |
Number of Cryptocurrencies |
Switchere supports a limited but essential selection of cryptocurrencies, suitable for those new to crypto but restrictive for diverse portfolios. |
|
The platform has limited crypto-to-crypto pairs, focusing mainly on fiat to crypto transactions, which could be a downside for versatile traders. |
Crypto-to-Crypto Trading Pairs |
Offers basic trading pairs; however, it lacks the variety provided by larger exchanges, limiting strategic trading options. |
|
The website provides clear information about trading conditions and fees, though some details about governance and operations could be more comprehensive. |
Website Transparency |
The website clearly outlines fees, processes, and security measures, providing users with the information they need to make informed decisions. |
|
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. |
Credit/Debit Card |
Switchere focuses on direct cryptocurrency purchases with fiat and does not provide additional financial tools like a branded exchange card. |
|
Offers secure storage solutions, but lacks some advanced security features like multi-sig wallets or insurance on assets. |
Storage Offering |
Offers secure storage solutions, though it might lack some advanced security features available on more specialized platforms. |
|
Limited staking options are available, which might not cater to users looking to earn through staking or participation in network security. |
Staking and Rewards |
Limited options for staking and rewards, which could be expanded to encourage longer-term investments and user retention. |
|
Both mobile and desktop platforms are user-friendly and well-designed, offering good usability but lacking some advanced trading tools. |
Mobile App and Desktop |
Both mobile and desktop platforms are user-friendly and reliable, though they may lack some functionalities expected by advanced users. |
|
Excellent customer service with 24/7 availability and multiple support channels, including direct responses. |
Customer Service |
Generally responsive and helpful, but some users may experience delays during peak times. |
|
Offers multiple deposit and withdrawal methods but can improve by adding more international options and reducing fees for certain transactions. |
Deposit and Withdraw |
The process is straightforward, but the high fees for some operations and limited methods for withdrawal can be a drawback. |
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.
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.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S