OKX, a Web3 technology company and crypto exchange, today officially launched OKX TR, the crypto exchange in Turkey, providing Turkish users with a reliable and compliant gateway for crypto transactions and decentralized finance.
The OKX Web3 wallet is currently available in Turkey through OKX’s global platform.
With the launch of OKX TR, users have access to enhanced customized features, including direct deposits and withdrawals in Turkish lira from bank partners such as: Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank and Türkiye Finans. The OKX TR team also offers 24/7 local customer support in Turkish and English, ensuring that users receive timely assistance and comprehensive guidance when needed.
OKX TR offers Turkish users a powerful platform to trade major cryptocurrency pairs, including USTD/TRY, BTC/TRY and ETH/TRY, and provides users with advanced cryptocurrency functions.
In May 2023, OKX announced that it would expand to Turkey and has since opened an office and hired a team in the market. With the launch, OKX TR will continue to grow and capture local market share by offering local products and services.
OKX Chairman Hong Fang said:
“The official launch of OKX TR is an important milestone in our global expansion strategy. With a cryptocurrency adoption rate close to 50%, Türkiye represents a very dynamic and promising market for the industry as it continues to grow. The high level of engagement and understanding of the digital population makes it an ideal environment for OKX and we are strongly committed to helping to continue to grow this already vibrant ecosystem.”
Chairman of the Board of OKX TR Mehmet Çamır said:
“The launch of OKX TR is a testament to our belief in the country’s huge growth potential and our commitment to the market. Already a world leader in cryptocurrency trading, Türkiye is also in a prime position to grow in the decentralized finance space. We are excited to support this development and strongly believe that our presence here will play a key role in developing Turkey’s emergence as a Web3 innovation hub.”