Home » Here's why Turkey is fast becoming the place to be for major global crypto exchanges.

Here’s why Turkey is fast becoming the place to be for major global crypto exchanges.

Turkey’s second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up Turkey’s second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up
Business / Crypto

Turkey’s second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up

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Turkey is experiencing a resurgence in cryptocurrency interest as major crypto exchanges set foot in the transcontinental country. From demographics to offline marketing to currency depreciation, there is plenty of motivation for the 84 million Turkish people to sign up to the new exchanges. Bitfinex, among the world’s largest cryptocurrency exchanges, recently announced its plans to expand into Turkey (see tweet). Coinbase reportedly set its sights on acquiring local exchange BtcTurk, while Binance is launching its first customer service center. Dünyanın önde gelen dijital varlık alım satım platformu Bitfinex çok yakında Türkiye’de. pic.twitter.com/bReVOyg1gU — Bitfinex TR (@BitfinexTR) April 24, 2022 For Paolo Ardoino, chief technology officer of Bitfinex and Tether — ranked 8...