Paribu Evaluated Recent Developments

Paribu evaluated the developments in recent days. The platform said that users' entire assets are under guarantee.

Turkey's leading crypto currency trading platform Paribu made a statement regarding the stoppage of stock markets such as THODEX and Vebitcoin in recent days. In the statement made by Paribu, the following expressions were used: "As Turkey's largest crypto asset trading platform with 3.5 million users, we follow the developments in news and social media sharing together with all stakeholders of the ecosystem. Since our establishment in 2017, we have emphasized the necessity of regulations for the healthy development of the crypto asset sector and we support studies on the subject. We have been working in contact with the relevant institutions of the state for a long time to legally guarantee user rights. As a leading platform that meticulously follows the regulations in the leading countries and continues its activities in this direction; We protect the data and assets of all our users with security protocols and procedures that we apply uninterruptedly. All TL and crypto assets of our users are guaranteed by internal audit procedures. The assets of our users are stored in secure cold wallets. Paribu is a joint stock company established in accordance with the Turkish Commercial Code and is subject to all legislation, especially the Turkish Commercial Code, Turkish Code of Obligations. It acts in full compliance with these regulations. The earnings obtained are also taxed and paid in accordance with the Turkish Tax Law and related legislation. In addition, Paribu is working with an independent auditing firm to carry out audit stages covering user assets and capital adequacy issues. Audit reports will also be published when the process ends, as required by our transparency principle. As we mentioned, as a company that supports regulation and works ready for a possible regulation, you can safely make your transactions 24/7 via Paribu. You can access our 24/7 Support Unit via the "Request Support" link at the bottom of our website, through the "Support" section in the application or via a private message from @ParibuDestek account on Twitter. "