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Paribu is an exchange. KriptoK is a self-custody wallet. They do different things and work best together. Here's how to think about which to use.
Paribu and KriptoK aren’t really direct competitors. You’d use one to buy crypto, and the other to actually own it securely. But understanding the difference matters because it determines who actually controls your funds.
Paribu is a centralized crypto exchange (CEX). When you open an account, Paribu gives you a balance. You buy crypto but the private keys are held by Paribu, not you. Think of it like a bank account: you see the balance, but the money sits in someone else’s vault.
KriptoK is a non-custodial self-custody wallet. The seed phrase is yours, the private keys are yours. No institution - including KriptoK - can access your funds.
Paribu uses 2FA, cold storage, and KYC verification. But in the event of a hack, insolvency, or regulatory pressure, your funds could be affected. Historically, many exchanges around the world have closed unexpectedly or frozen assets.
KriptoK has been independently audited by Halborn. But the most important point is this: in self-custody, your only risk is protecting your seed phrase. There’s no institutional risk like there is with exchanges.
Use Paribu when:
Use KriptoK when:
Buy crypto on Paribu using TRY. Then transfer it to KriptoK. This combines the convenience of buying with the security of self-custody.
See our guide on how to transfer from Paribu to KriptoK.