Paro Exchange Crypto Exchange Review: Limited Pairs, No Margin Trading, Is It Worth It?
Dec, 26 2025
Paro Exchange isnât another Binance or Coinbase. It doesnât have thousands of coins, margin trading, or support for credit cards and PayPal. In fact, it only offers 10 trading pairs and supports just four currencies. If youâre looking for a full-featured crypto exchange, this isnât it. But if youâre just starting out and want something simple, maybe itâs worth a look.
What You Can Actually Trade on Paro Exchange
You wonât find Solana, Dogecoin, or even Cardano here. Paro Exchange only lets you trade between 10 pairs. That means youâre stuck with a tiny selection-likely BTC, ETH, USDT, and maybe a couple of others. Compare that to Binance with over 400 coins or MEXC with nearly 1,800, and itâs clear Paro Exchange isnât built for traders who want options.For someone who just wants to buy Bitcoin and hold it, this might be enough. But if you ever want to dip into altcoins, DeFi tokens, or even stablecoin swaps beyond USDT, youâll hit a wall. Thereâs no way to diversify. No way to explore new projects. Just a handful of options.
No Margin Trading, No Advanced Tools
If youâve ever heard of leverage, short selling, or futures trading, youâll be disappointed. Paro Exchange doesnât offer margin trading at all. That rules it out for anyone whoâs not a pure buy-and-hold investor. Professional traders use margin to amplify gains-or hedge risk. Without it, Paro Exchange feels like a toy version of a real exchange.There are no stop-loss orders, no limit order books with depth charts, no API access for automated trading. The interface is basic. No charts, no indicators, no candlestick patterns. Youâre left with a simple buy/sell button and a price ticker. Thatâs it.
Fees and Payment Methods
The platform doesnât publicly list its fee structure, which is a red flag. Most exchanges clearly state their maker/taker fees-Binance charges 0.1%, Kraken goes as low as 0%, and Coinbase has variable fees depending on how you pay. Paro Exchange? Nothing. No transparency.And forget about paying with your debit card or PayPal. Thereâs no support for bank transfers, credit cards, or even popular local payment methods like NZ Bank Transfer or POLi. Youâll need to deposit crypto from another wallet. That means you have to already own crypto to use it. No on-ramps. No easy entry.
Language and Global Access
The entire platform runs in English only. No Spanish. No Mandarin. No Hindi. No French. For a platform that wants to serve global users, this is a major miss. Over 70% of crypto users outside the U.S. and Europe donât speak English as their first language. If youâre in Southeast Asia, Latin America, or Africa, youâre on your own.Thereâs no app either. Just a website. And itâs not optimized for mobile. If youâre used to trading on your phone with Binance or KuCoin, youâll find Paro Exchange clunky and slow on smaller screens.
Who Is This For?
Letâs be honest-Paro Exchange isnât for most people. Itâs not for day traders. Not for portfolio builders. Not for anyone who wants to use crypto beyond simple buying and holding.The only real use case? Absolute beginners who just want to buy their first Bitcoin without getting overwhelmed. If youâve never traded before, and youâre scared of complex interfaces, Paro Exchangeâs simplicity might feel comforting. But that comfort comes at a cost: youâll outgrow it fast.
Think of it like a bicycle with no gears. Great for a short ride around the block. Useless if you ever want to climb a hill.
How It Compares to the Big Players
| Feature | Paro Exchange | Binance | Kraken | Coinbase |
|---|---|---|---|---|
| Cryptocurrencies Available | 4 (10 trading pairs) | 426+ | 350+ | 235+ |
| Margin Trading | No | Yes (up to 125x) | Yes (up to 5x) | No |
| Payment Methods | Crypto only | Bank, Card, PayPal, P2P | Bank, Card, SEPA, P2P | Bank, Card, PayPal |
| Mobile App | No | Yes | Yes | Yes |
| Language Support | English only | 10+ languages | 8+ languages | 10+ languages |
| Fees (Maker/Taker) | Not disclosed | 0.1% / 0.1% | 0% / 0.2% | 0% / 0.6% |
Paro Exchange doesnât just lag behind-itâs in a different league. The big exchanges keep adding features, lowering fees, and expanding language support. Paro Exchange hasnât changed in years, based on user reports. No new coins. No new tools. No updates.
Is It Safe?
Thereâs no public information about audits, insurance funds, or cold storage practices. No transparency reports. No proof of reserves. Thatâs not normal for a crypto exchange in 2025. Even smaller platforms like Bitstamp or Gemini publish these details.Revain, a review site for crypto exchanges, has scattered user feedback on Paro Exchange. Some say itâs âsimple and works fine.â Others warn about slow withdrawals and no customer support. One user mentioned waiting 72 hours for a withdrawal with no reply from support.
If youâre putting in real money, you need to know your funds are protected. With Paro Exchange, youâre trusting a black box.
Final Verdict: Skip It Unless Youâre a Complete Beginner
Paro Exchange isnât a scam. Itâs not a Ponzi scheme. But itâs also not a serious trading platform. Itâs a bare-bones gateway with no future roadmap in sight.If youâve never bought crypto before and just want to try it with $50, go ahead. Use it. Get comfortable. But donât stay there. Move your coins to a real exchange within a week. Youâll thank yourself later.
For anyone serious about trading, investing, or even just holding more than one coin-walk away. The limitations are too big, the risks too high, and the alternatives too good.
What Should You Use Instead?
If youâre in New Zealand, Australia, or Europe, try Kraken. It supports NZD deposits via bank transfer, has low fees, and offers 350+ coins. If you want the widest selection, go with Binance. If youâre in the U.S., Coinbase is the easiest. All of them have apps, multiple languages, and real customer support.Paro Exchange has one job: get you to buy your first Bitcoin. Once youâve done that, your next step should be leaving it behind.
Is Paro Exchange safe to use?
Thereâs no public proof that Paro Exchange uses cold storage, insurance, or regular audits. No transparency reports or proof of reserves are available. While it hasnât been hacked or shut down, the lack of disclosure makes it risky for anything more than a small test deposit. Treat it like a demo account, not a long-term wallet.
Can I deposit fiat currency on Paro Exchange?
No. Paro Exchange only accepts cryptocurrency deposits. You canât use bank transfers, credit cards, PayPal, or any fiat payment method. You need to already own crypto and send it from another wallet. This makes it useless for new users who donât have crypto yet.
Does Paro Exchange have a mobile app?
No. Paro Exchange only has a web-based platform. Itâs not optimized for mobile devices, and thereâs no official app on the App Store or Google Play. If you want to trade on the go, youâll need to use a different exchange.
Why does Paro Exchange only have 10 trading pairs?
Itâs likely because the platform is either in early development or intentionally designed as a minimal service. Most exchanges add new coins to stay competitive. Paro Exchange hasnât added any new pairs in over a year, based on user reports. This suggests either a lack of resources or a deliberate decision to serve a very narrow audience.
Is Paro Exchange better than other small exchanges?
No. Even smaller exchanges like BitMart or Gate.io offer hundreds of coins, margin trading, and mobile apps. Paro Exchangeâs feature set is among the weakest in the market. If youâre looking for a small exchange, there are far better options with more reliability and support.
Can I use Paro Exchange if I live in New Zealand?
Technically yes, since itâs a web platform with no location restrictions. But you canât deposit NZD or use local payment methods. Youâll need to buy crypto elsewhere first, then transfer it to Paro Exchange. For Kiwi users, Kraken or Binance are much better choices with NZD support and local compliance.
Shawn Roberts
December 26, 2025 AT 22:18Bro this is literally the crypto equivalent of a flip phone đđ I bought my first BTC here last year and moved to Kraken in 2 weeks. Simple is good until you want to do anything else
SUMIT RAI
December 27, 2025 AT 17:45Everyoneâs hating on Paro but have yâall tried using Binance in India? đ The real scam is how they lock you in with fees then make you pay for gas to escape. Paroâs just honest about being useless
Abhisekh Chakraborty
December 29, 2025 AT 04:40OMG I JUST WITHDREW 0.02 BTC FROM PARO AND IT TOOK 72 HOURS AND NO RESPONSE FROM SUPPORT đ I THOUGHT I GOT SCAMMED BUT NOW I KNOW ITâS JUST A BROKEN SITE
dina amanda
December 29, 2025 AT 19:31They donât take credit cards because theyâre owned by the same people who run the deep web marketplaces. You think this is an exchange? Nah. Itâs a honeypot for newbies. They want your coins. Then they vanish
Emily L
December 31, 2025 AT 03:12Why are people still defending this? Itâs not simple itâs lazy. No app no fiat no support no transparency. If your grandma canât use it without crying youâre not helping anyone
Gavin Hill
December 31, 2025 AT 16:59Thereâs value in minimalism if youâre trying to avoid noise. The problem isnât that Paro has few features itâs that it pretends to be a real exchange. Itâs a training wheel not a product
Andrea Stewart
January 1, 2026 AT 03:50If youâre new and just want to buy BTC without getting lost in charts and leverage this is fine for a week. But if youâre holding more than $100 youâre asking for trouble. Move it to Kraken or Coinbase. Seriously. Do it today.
Josh Seeto
January 2, 2026 AT 13:08Paro Exchange: where your crypto goes to retire early. No margin. No app. No languages. Just a lonely server in someoneâs basement waiting for you to forget about it
surendra meena
January 2, 2026 AT 21:53THIS IS WHY CRYPTO ISNâT FOR THE MASSES!!! THEY MAKE IT TOO HARD FOR NEW PEOPLE!!! BUT THEN THEY MAKE IT TOO SIMPLE AND NOW NOBODY CAN TRADE!!! WHY CANâT WE HAVE BOTH?!?!?!!
Kevin Gilchrist
January 4, 2026 AT 01:29I used Paro for my first $20 of BTC and now I treat it like a dusty relic on my shelf. Itâs the crypto equivalent of a Tamagotchi. Cute at first. Then you realize it doesnât do anything but blink at you
Khaitlynn Ashworth
January 5, 2026 AT 01:12Oh wow you actually wrote a whole essay on this? I read the title and just closed it. Why are you wasting your time? Just use Coinbase. Everyone else does. Youâre overthinking a website that doesnât even have a mobile app
NIKHIL CHHOKAR
January 6, 2026 AT 15:22Letâs not pretend Paro is evil. Itâs just poorly executed. It doesnât harm anyone directly but it gives false comfort to beginners who think theyâve found a safe place. Thatâs more dangerous than a scam. It delays growth
Mike Pontillo
January 7, 2026 AT 08:30They donât have margin because they donât have enough users to risk it. Thatâs not a feature itâs a death sentence. If youâre not growing youâre dying. Paro is just a zombie exchange