Major crytourrency exchange Binance teamed up with one of the largest banks in Turkey, Akbank.
From now, Binance users will be able to instantly deposit and withdraw Turkish Lira (TRY) on Binance via desktop and the iOS App.
Earlier, Binance CEO Changpeng Zhao said that Binance is seeing strong demand in the Turkish market for crypto. Naming Turkey as an important market for Binance, he then reiterated his description of Turkey as “a vibrant country that has one of the strongest demands and fast-growing interest in crypto, blockchain, and technology in general.”
“As part of our mission to continue working on increasing the freedom of money worldwide and notably in a country that is fast-adopting digital assets, we are expanding the available options to lower the barrier to entry,” said Changpeng Zhao. “As the industry scales with our products and services that grow in tandem, the availability and process of investing, exchanging and trading crypto will become more and more seamless.”