Global cryptocurrency exchange OKX today announced the official launch of its localized crypto trading platform, OKX TR, and web3 wallet in Turkey.
OKX TR offers Turkish Lira direct deposits and withdrawals through local banking partners. The exchange also provides 24/7 bilingual customer support in Turkish and English to assist local users.
Major trading pairs on OKX TR include USTD/TRY, BTC/TRY, and ETH/TRY. The platform gives Turkish users access to OKX’s advanced crypto trading features suite.
The launch builds on OKX’s May 2023 announcement that it would expand into the Turkish market. The company called Turkey’s nearly 50% crypto adoption rate “a dynamic and promising market.”
OKX has rapidly expanded globally, recently launching localized platforms in markets like Brazil. Its President, Hong Fang, said the Turkey launch marks a “significant milestone” in OKX’s growth strategy.
Turkey is poised to emerge as a Web3 hub with leading crypto adoption. OKX TR’s Chairman said the exchange aims to play “a pivotal role in nurturing Türkiye’s emergence as a Web3 innovation hub.”
Growth Türkiye’s crypto adoption by introducing leading trading pairs to the Turkish market with OKX TR also indicates a strategic step of the platform to be one of the key figures in becoming a Web3 hub of Turkey.
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