OKX, the global technology company and cryptocurrency exchange, announced the launch of OKX TR in Turkey. As of today, cryptocurrency users in Turkey can trade cryptocurrencies on the platform, which is in compliance with local laws and regulations. Users in Turkey can also access the OKX Web3 Wallet via OKX’s global platform.
With the launch of OKX TR, users have access to localized features including direct Turkish Lira deposits and withdrawals through banking partners such as Fibabanka, VakıfBank, Ziraat Bank, İşbank, Şekerbank and Türkiye Finans. The OKX TR team offers 24/7 local customer service in Turkish and English, providing users with comprehensive help and support quickly, whenever they need it.
OKX TR provides users in Turkey with a powerful platform where they can trade common cryptocurrency pairs, including USDT/TRY, BTC/TRY and ETH/TRY, and benefit from enhanced crypto features.
With OKX also launching OKX Web3 Wallet, a non-custodial Web3 wallet in Turkey, OKX TR users can trade NFTs, use dApps and access many more features on the platform, giving them complete control over their assets. As the first wallet with both Multi-Party Computation (MPC) and Account Abstraction (AA) features, OKX Web3 Wallet also pioneers the wider adoption of the Web3 ecosystem by simplifying the process for less technical users.
OKX announced the launch of its local platform in Turkey in May 2023 and opened an office in Turkey and established a team of experts right after. With the launch, OKX TR plans to grow steadily and increase its share in the local market by offering localized products and services.
OKX president Hong Fang made the following statements about this important news:
“The official launch of OKX TR is a significant milestone in our global expansion strategy. With a crypto adoption rate close to 50%, Türkiye represents a very dynamic and promising market for the industry as it continues to develop. The population’s high level of engagement and understanding of digital assets makes it an ideal environment for OKX, and we’re strongly committed to helping continue to grow this already vibrant ecosystem.”
Mehmet Çamır, Chairman of the Board of OKX TR, made the following statements:
“The launch of OKX TR is a testament to our belief in the country’s huge potential for growth and our commitment to the market. Already a global leader in crypto trading, Türkiye is also in a prime position to grow in the decentralized finance space. We’re excited to support this development, and firmly believe that our presence here will play a pivotal role in nurturing Türkiye’s emergence as a Web3 innovation hub.”