4 Best Crypto Exchanges in Istanbul, Turkey
Investing in Bitcoin is legal in Turkey. However, the country requires those who buy or sell digital currencies to comply with financial regulations governing the industry. Several platforms offer methods for Istanbul residents to purchase crypto. The most common deposit methods include bank transfers and credit and debit cards that facilitate the conversion of the Turkish lira into crypto within regulated frameworks. Cryptocurrency investment has risen in popularity in Turkey in recent years, so it’s essential for investors to use the best crypto exchanges in Istanbul to transact.
What Are the Best Crypto Exchanges in Istanbul, Turkey?
Here is a comprehensive brief review of the best cryptocurrency exchanges based in Istanbul:
1. NakitCoins
NakitCoins is a popular on-site crypto exchange in Turkey with multiple branches across the country, including Istanbul. Using the NakitCoins physical Istanbul crypto exchange is a great idea if you want to buy and sell Bitcoin with cash securely, safely, and instantly. NakitCoins enables users to buy Bitcoins at low fees without any limits. Apart from that, you can also leverage the Istanbul-based exchange to convert your crypto into other digital assets seamlessly. NakitCoins was established in 2017, and it quickly grew to become Turkey’s leading on-site exchange transforming how Istanbul crypto enthusiasts buy and sell Bitcoin in person.
2. OKX
The OKX Istanbul crypto exchange is known for great liquidy in leading currencies such as BTC, ETH, UDST, and other stablecoins. It boasts over 300 crypto assets, making the exchange a convenient place for Turkish residents who want to diversify their investment portfolio. OKX provides advanced trading features and a decentralized finance (DeFi) ecosystem driven by the OKT Chain, and this enables the platform to offer impressive functionality comparable to Binance’s BNB chain. The platform supports numerous trading options such as spot, margin, and it includes NFT marketplace and DeFi portfolio management tools.
3. Binance
Binance also ranks among the best Istanbul crypto exchanges. The world’s biggest crypto platform by trading volume provides extensive, trusted, and reliable services for customers. Binance operates in over 130 countries with a global user base of over 100 million. The advantages of this popular Istanbul exchange include its wide range of trading options, namely spot, margin, and P2P platform. Over 350 crypto assets have been listed on Binance, a variety that appeals to many Istanbul crypto lovers. Binance customers from Turkey often praise the exchange for its multilingual customer support and ability to facilitate quick Lira deposits through local banks.
4. KuCoin
KuCoin is another great Istanbul crypto exchange with global presence in over 200 countries. The platform’s daily trading volume exceeds $2 billion and it offers users access to over 700 assets across and futures. Signing up for the KuCoin Istanbul exchange is a great idea if you want to explore a vast array of crypto investment opportunities. KuCoin’s key benefits include 24/7 customer support, enhanced transparency, and advanced security measures.
Investing in Bitcoin and other cryptocurrencies is secure and convenient in Turkey if you use the best platforms. Physical exchanges like NakitCoins offer a secure and seamless way to invest in BTC. Utilizing this industry-compliant on-site exchange will help you navigate the challenging crypto market.
