Binance has announced the introduction of Binance TR as it enters the Turkish market, becoming a local exchange for Turkish users, creating new investment opportunities.
This is just the latest event as the exchange continues its expansion, aiming to bring cryptocurrency to every corner of the world. To take advantage of all the features and benefits Binance has to offer you, make sure to click here.
A New Experience for Turkish Users
Binance expands its horizons and will now be available in Turkey as Binance TR. Binance TR is a fiat-to-crypto and crypto-to-crypto exchange designed exclusively for Turkey users.
Similar to Binance in other parts of the world, Binance TR uses Binance’s industry-leading technology, security, and liquidity through Binance Cloud to present its users with a high-quality experience.
Binance Cloud is an infrastructure solution for customers and partners to launch digital asset exchanges and presents them with many developing features.
This new addition to the Binance family will be supported by the core functionalities of the Binance Exchange as well. It will have access to the market’s leading spot trading liquidity, sturdy matching engine, the most advanced state-of-the-art security, custody, and risk controls.
What’s in it for Turkish Users
Turkish users are now able to deposit and withdraw Turkish lira (TRY) via a direct bank channel and directly trade crypto with TRY pairs.
The following pairs are supported by Binance TR: BTC/TRY, ETH/TRY, USDT/TRY, XRP/TRY, BNB/TRY, BUSD/TRY, BTC/USDT, ETH/USDT, XRP/USDT, BNB/USDT, and BUSD/USDT. Binance TR will be supporting new coins and tokens in the future, according to the announcement.
By providing Turkish users with this experience, Binance hopes to present them with a better and more efficient form to buy and trade digital currencies around the world.
This will aid Binance as it expands its efforts to increase convenience and access to a more extensive community.
What Makes Turkey Special
Not only is Turkey one of the leading countries in adopting blockchain, but it is also an important bridge for the global economy, for it connects Asia to Europe, making it a key country for Binance to expand to.
Turkey also shows increasing interest and development in the crypto space, characteristics that contribute to an important advancement for Binance.
Binance looks forward to being shaped and developed by its new collaboration with the Turkish community as it provides them with a local crypto exchange platform.
These trading platforms permit users to simply and securely buy and sell digital currencies using a variety of chosen local currencies.
Binance hopes for a successful experience in Turkey and will soon provide a more interactive experience with its Turkish community, therefore, make sure to follow its Twitter and Telegram to stay up to date with these updates.
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