what's Paribu?
Paribu is Turkey's leading cryptocurrency exchange platform, established in 2017 and headquartered in Istanbul. It serves millions of users by providing a secure and user-friendly interface for buying, selling, and trading over 60 cryptocurrencies, including major assets like Bitcoin and Ethereum. The platform supports seamless deposits and withdrawals in Turkish Lira (TRY) through integrations with multiple local banks, alongside USDT pairs, making it accessible for the domestic market. Paribu emphasizes 24/7 customer support and robust security measures to facilitate fast transactions in a regulated environment. In addition to its exchange services, Paribu has developed Paribu Net, a blockchain ecosystem designed for smart contracts and decentralized applications (dApps). This EVM-compatible chain aims to foster innovation in Web3, particularly in sports and entertainment through strategic partnerships. A key milestone is the 2025 merger of Paribu Net into the Chiliz Chain, unifying ecosystems to enhance Fan Tokens and SportFi adoption in Turkey. This integration leverages Chiliz's expertise in blockchain for fan engagement, positioning Paribu as a gateway for Turkish users to interact with global crypto trends. Paribu's native token, PRB, was introduced for the Paribu Net ecosystem to enable governance, staking, and transaction fees, though its role evolves with the Chiliz integration. The platform continues to expand its offerings, including mobile apps and educational resources, to promote crypto adoption in Turkey while maintaining compliance with local regulations.
Paribu listed the 0G token on its trading platform.
Links
x.com/paribucomListed 0G token on its trading platform.
USDT goes live on Plasma network on Paribu exchange.
RED token (RedStone) goes live on Paribu exchange this week.
Paribu acquires CoinMENA for $240M, gaining digital asset licenses in Dubai and Bahrain for regional expansion.
Chiliz hardfork occurs today to enable the merge of ParibuCom blockchain into CHZ, consolidating Chiliz's position in the Turkish blockchain market.
Institutional staking service debuts, allowing secure staking while maintaining asset custody.