Best Crypto Exchange in Turkey

When it comes to selecting the best crypto exchange in Turkey, Binance effortlessly secures its position among the top choices. So, let’s see what makes Binance shine in the Turkish market.

Before proceeding, though, do note that there is also Binance TR, which is a fiat-to-crypto and crypto-to-crypto exchange made specifically for users in Turkey. It's owned by Binance and operated by BN Teknoloji A.Ş. However, in this case, I'll be talking about the global Binance version, which is also accessible to Turkish traders.

By the way, Turkish traders can change the language of the global Binance website to Turkish.

Now, the TRY support on Binance is great: you can easily deposit Turkish lira into your Binance account to make transactions. Moreover, you can buy BTC, ETH, BNB, and many other crypto assets using TRY via the quick "Buy Crypto" feature. So, if you're looking for where to buy Bitcoin in Turkey, Binance is definitely a suitable option.

Not only that, Binance also provides many trading pairs with the Turkish lira on its spot market, including BTC/TRY, ETH/TRY, USDT/TRY, and others. That’s a game-changer if you are looking for a Turkish exchange platform with great TRY support.

Fee-wise, Binance offers some of the most competitive rates on the market. It charges a standard 0.1% fee on every spot trade for makers and takers. Though, if you use Binance Coin (BNB) to cover them, you can get a 25% discount. You can also lower these fees by increasing your 30-day trading volume and / or BNB balance.

Turkish Lira withdrawals and deposits can be made using Binance Transfer, which incurs no fees.

Now, Binance supports a lot more cryptocurrencies and fiat currencies than the ones I mentioned: it has a selection of over 500 crypto assets, over 70 fiat currencies, and even more trading pairs.

Binance doesn’t disappoint when it comes to trading options, either. The exchange has spot, margin, futures, and P2P trading, as well as crafty features like trading bots and APIs.

Besides trading, it also offers a huge variety of other features, including earning, learning, lending, and other tools. Once you start exploring Binance, you'll notice that the possibilities here are endless.

Setting that aside, Binance shines in the user-friendliness. Its interface is intentionally designed for simplicity, ensuring that everyone can navigate it effortlessly. Of course, a complete newbie might still be a tad overwhelmed in the beginning by the variety of features Binance offers.

As for security, Binance takes it very seriously. It has robust measures in place, like encryption and two-factor authentication, to safeguard your digital assets from potential threats. Besides, it also adheres to the KYC requirements, adding an extra layer of protection.

So, in short, if you are looking for a well-rounded crypto exchange in Turkey, Binance should definitely be considered. After all, it appears on many “Best crypto exchange in Turkey” lists for more than one reason.

One of Bybit’s standout features, which makes it one of the best crypto exchanges in Turkey, is its round-the-clock customer support in Turkish. This invaluable resource is particularly beneficial for newcomers, offering assistance whenever needed. But that's just the beginning.

Bybit overall is a powerful platform that caters to diverse needs, hosting over 1,100 cryptocurrencies and over 65 fiat currencies.

Also, Bybit doesn't stop at traditional offerings when it comes to features. It provides traders with a versatile toolkit, encompassing spot and derivatives markets, inverse contracts, P2P trading, and many additional services like liquidity mining, copy trading, and even a dedicated NFT marketplace.

Do note, though, that it is primarily known for its extensive derivatives market.

Another reason why Bybit is considered to be one of the best crypto exchanges in Turkey is the fact that it allows traders to deposit and withdraw Turkish lira with zero fees. They can deposit TRY via Volet and withdraw it via Volet or bank transfer.

When it comes to other fees, it doesn't disappoint, either. Bybit employs a tiered fee system based on your trading volume and whether you're a maker or a taker. Starting with an initial spot trading fee of 0.1% for makers and takers, you can decrease them to 0.015% for takers and 0.005% for makers.

On the perpetual and futures contract trading front, the initial fee for makers is 0.02% and for takers – 0.055%. For USDC options, though, both maker and taker fees start at 0.02%. As you progress through the tiers, you can lower them even to 0% for makers.

In addition to all that, note that security and compliance are of utmost importance to Bybit. It has a triple-layer asset protection set in place, as well as privacy and advanced data protection. Plus, it employs real-time transaction monitoring and requires users to pass KYC.

With top-notch customer support, a wide range of features, and competitive fees, Bybit can be considered one of the best crypto exchanges in Turkey. It offers a secure platform for traders and investors to explore the exciting world of cryptocurrencies confidently.

Kraken shines as one of the most recognized names in the whole crypto market. So, it's not a coincidence that it's included in many "Best crypto exchange in Turkey” lists, too.

While Kraken is a United States-based crypto exchange, it caters to traders worldwide. The exchange has been in the market since 2011, and one of its key features has always been strong security.

On Kraken, your assets are safeguarded with top-notch security measures like offline storage and the added layer of two-factor authentication. Privacy is also important for Kraken, which is why it goes the extra mile with PGP-signed and encrypted emails, ensuring your communications stay confidential.

However, its benefits don't stop here; Kraken supports over 200 cryptocurrencies and more than 600 trading pairs. However, it's worth noting that Turkish lira support is not in the mix, but traders in Turkey can deposit and withdraw EUR into Kraken via Apple / Google Play or Visa / Mastercard payments.

When it comes to features, Kraken offers spot and margin trading, as well as futures trading, for more advanced users. Speaking of which, there is the basic Kraken trading interface for those seeking ease of use, and then the Kraken Pro advanced trading interface for those who want to make more advanced orders.

Kraken also has a separate trading interface for futures, but you can also access them via Kraken Pro.

Apart from these trading options, Kraken also provides tools for institutional traders, an NFT marketplace, learning materials, and several earning options.

Lastly, let's talk about fees. Kraken is known for having slightly higher fees compared to those of some other best crypto exchanges in Turkey. However, its fees vary depending on the feature in question.

If we're talking about spot trading, for example, they change based on your trading volume, and they can go as low as 0%. Though, the standard maker fee is 0.25%, while the taker fee is 0.4%. Futures trading, on the other hand, primarily charges makers 0.02% and takers 0.05%.

All in all, while it does offer slightly higher fees, Kraken stands tall as a trusted crypto exchange that has earned its well-deserved spot as one of the best crypto exchanges in Turkey.

KuCoin's commitment to understanding the crypto landscape in Turkey shines through in its comprehensive report, "Into The Cryptoverse: Understanding Crypto Users in Turkey." Yet, beyond its clear interest in this country, there are more compelling reasons why KuCoin is dubbed as one of the best crypto exchanges in Turkey.

For starters, KuCoin offers support for the Turkish lira and features the TRY/USDT trading pair on its P2P trading platform. This means you can engage in trading through methods such as bank transfers, Papara, and various other payment options.

Also, you can buy various crypto assets with Turkish lira via KuCoin's "Fast Trade" feature. The best part is that it supports multiple payment methods, including Banxa, CoinTR, Treasura, and others. 

This level of support surely makes KuCoin an easy choice when considering where to buy Bitcoin in Turkey.

However, KuCoin isn't just about trading TRY. It's the ideal playground for crypto enthusiasts, offering thousands of diverse trading pairs to explore. In total, KuCoin boasts an impressive selection of over 700 unique cryptocurrencies, making it a haven for those interested in market leaders as well as emerging altcoins.

KuCoin also has competitive fees – trading on KuCoin comes with a standard fee of 0.1% for both market makers and takers in the spot trading arena. Plus, if you hold KuCoin's native token, KuCoin Shares (KCS), you're entitled to get a 20% discount on these fees.

Talking about trading, KuCoin extends far and wide, encompassing spot and margin trading, a derivatives market, and P2P trading. Beyond these, the platform offers additional features, such as a fractional NFT Marketplace, staking and lending mechanisms, and much more.

It's also worth noting that KuCoin is all about security. It stores all users' assets in secure storage and adheres to high account security measures. Besides, it publishes its proof of reserves periodically, proving that it has enough funds to cover all users' assets, even if they decide to withdraw them all at once.

With its extensive array of cryptocurrencies and unwavering commitment to security, KuCoin undeniably earns its place as a leading contender in any "Best crypto exchange in Turkey" list.

When evaluating the best crypto exchanges in Turkey, Coinbase secures its place on the list for several compelling reasons.

What truly sets Coinbase apart, especially for newcomers, is its user-friendly interface. The clean and intuitive design simplifies navigation, ensuring that essential tools and information are readily accessible.

Regarding the provided services, Coinbase's primary focus is spot trading. However, it has the Advanced Trade user interface, which allows futures trading, too. Also, it offers several earning tools, learning resources, an NFT marketplace, and even a tool for borrowing cash using BTC as collateral.

Besides, it offers the non-custodial Coinbase wallet, which allows you to manage your funds and navigate the Web3 space with ease, and the Coinbase card, which allows you to use crypto like you would traditional fiat currencies.

On top of that, Coinbase provides various tools for businesses (a brokerage platform, commerce tools, etc.) and even tools for developers (commerce API, the Base blockchain, etc.).

As of writing, Coinbase supports a collection of over 240 cryptocurrencies and over 60 fiat currencies. However, it doesn't directly support TRY, which means you cannot deposit it into your account.

It does support TRY on its converter, though. In fact, there's quite a diverse range of TRY trading pairs supported, including BTC/TRY, GBPU/TRY, USDT/TRY, USDC/TRY, USDT/TRY, MILK/TRY, ETH/TRY, TTT/TRY, TWT/TRY, and many more.

Now, do note that Coinbase is known to charge higher fees compared to some other popular Turkey crypto exchanges. Also, its fee structure is not clearly indicated, as each fee is calculated at the time of making an order. They depend on various factors, including order size, market conditions, payment method, jurisdictional location, and so on.

Lastly, it's worth noting that Coinbase is very secure. It keeps 99% of users' funds stored offline to prevent hacking. The remaining 1% is online but insured against losses for added peace of mind. Its strict KYC rules and regulatory compliance make it even safer and more trustworthy.

So, Coinbase's commitment to security, user-friendly interface, and variety of features make it a compelling choice for those searching for the best crypto exchange in Turkey.

Bitfinex TR (Bitfinex Turkiye) stands out as one of the best crypto exchanges in Turkey. This platform is a gateway to the world of Bitfinex, allowing users in this country to tap into its liquidity and dive into spot transactions. Notably, it offers Turkish lira trading pairs, including BTC/TRY and TRY/USDt.

Though, note that Turkish users can also access the global Bitfinex exchange and even set it to the Turkish language. However, they might face some limitations regarding features.

Now, while Bitfinex TR doesn't replicate every feature found on the global Bitfinex platform, it operates in full compliance with Turkish laws and regulations, ensuring a secure and reliable trading environment.

What's under the hood of Bitfinex TR? Well, you get access to spot trading, seamless deposits, and withdrawals of a variety of cryptocurrencies listed on Bitfinex, as well as the convenience of managing your Turkish lira transactions.

As for access, Bitfinex TR offers three KYC verification levels: Basic Plus, Intermediate, and Full. Starting with Basic Access, which grants you a sneak peek of the platform, you can level up to Basic Plus to unlock exciting features. For those craving even more, Intermediate and Full verification levels provide access to additional platform perks.

Now, let's talk fees. Bitfinex TR keeps things wallet-friendly with no fees for Turkish lira deposits, and there's no pesky minimum deposit requirement to worry about. For withdrawals, you're in the clear for the first 2 million TRY, after which a modest 1% withdrawal fee applies. The minimum Turkish lira withdrawal amount is a mere 25 TRY.

Cryptocurrency enthusiasts will appreciate the absence of fees for deposits, although cryptocurrency withdrawal fees vary depending on the specific token and associated network charges. By the way, it's also worth noting that Bitfinex TR has successfully integrated an API connection with Vakifbank to offer automated TRY wire deposits.

Additionally, let's not forget the maker and taker fees that kick in when executing orders on the spot market. For trades under $500,000 in a 30-day period, fees are set at 0.1% for makers and 0.2% for takers. Notably, when market makers' 30-day trading volume exceeds $7.5 million, they are exempt from fees.

In short, Bitfinex TR offers Turkish users a one-stop shop for all things crypto, combining a user-friendly interface with competitive fees and a suite of features to supercharge their trading journey. Thus, it stands proudly as one of the best Turkish crypto exchanges.

When it comes to the best crypto exchanges in Turkey, HTX Turkey (previously Huobi Turkey) is a significant player with some compelling reasons to consider it.

Before getting into these reasons, though, note that HTX Turkey is and independent entity from HTX (previously Huobi). However, they seem to go hand in hand when it comes to features you can see on their websites.

Now, let's talk about what makes HTX Turkey one of the best crypto exchanges in Turkey.

Firstly, its fee structure is pretty impressive. Spot trading fees start at 0.2% for both makers and takers. However, you can lower these fees by 25% if you cover them using HTX tokens. Plus, you can also lower them by increasing your Prime level, which depends on your trading volume or assets held in your account.

When it comes to Turkish lira support, HTX Turkey allows for easy TRY deposits via Volet. The best part is that there are zero fees when depositing TRY into HTX Turkey. Once you deposit TRY into your account, you can use TRY balance to buy crypto. You can also buy crypto with TRY using third-party payment channels, but then the purchasing fee will be bigger.

It's also worth noting that HTX Turkey boasts a vast selection of over 700 cryptocurrencies and an impressive array of over 1,000 trading pairs, including BTC/TRY and USDT/TRY.

When it comes to features, HTX Turkey offers various trading options, including spot, margin, and derivatives trading. It also provides various earning features, crypto loans, and much more.

Besides, HTX Turkey has put various protective measures in place. For example, up to 98% of users' crypto assets are stored in cold wallet devices, setting a high standard for security and reassuring traders.

Lastly, an outstanding feature of HTX Turkey is its live customer support, which is available 24/7 and provides users with essential assistance whenever needed.

Hence, HTX Turkey stands out thanks to its competitive fees, strong security measures, and accessible customer support. It's definitely a strong contender in the search for the best crypto exchange in Turkey.