OKX TR Launches Cryptocurrency Exchange in Turkey, Targeting Countries with High Adoption of Virtual Currencies

Global leading Web3 technology company and virtual asset exchange OKX officially launched its virtual asset exchange OKX TR in Turkey today, providing Turkish users with a trusted, compliant, and highly transparent virtual asset trading and decentralized financial platform. OKX Web3 wallet currently serves the Turkish market through OKX’s global platform.
With the launch of OKX TR, users can enjoy enhanced localization features, including direct collaboration with partner banks such as Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank, and Türkiye Finans to access Turkish lira. The OKX TR team also provides 24/7 Turkish and English local support to ensure users receive timely assistance and comprehensive guidance.
OKX TR provides Turkish users with a powerful platform with advanced virtual asset features and allows users to trade major virtual asset pairs such as USTD/TRY, BTC/TRY, and ETH/TRY.
OKX Wallet is also available in Turkey. This non-custodial Web3 wallet provides users with an easy entry point for trading NFTs and using dApps. It is also the first wallet to have both MPC (Multi-Party Computation) technology and Account Abstraction functionality, making it more widely accessible to users with lower technical knowledge to adopt OKX Wallet.
In May 2023, OKX announced its expansion into Turkey and opened an office and established a team there. With the official launch of OKX TR, the company will continue to grow and provide localized products and services to gain local market share.
OKX President Hong Fang said, “The official launch of OKX TR is an important milestone in our global expansion strategy. With the adoption rate of virtual assets approaching 50%, the Turkish market will continue to develop and is a vibrant and promising market in the industry. The high participation and understanding of the Turkish public in virtual assets provide an ideal environment for OKX, and we will remain committed to fostering this vibrant ecosystem.”
OKX TR Board Chairman Mehmet Çamır said, “The launch of OKX TR validates our confidence in the huge growth potential of the Turkish market and our commitment to serving that market. As a global leader in virtual asset trading, Turkey holds a key position in the development of decentralized finance. We are excited to support this development and firmly believe that our presence here will play a key role in nurturing Turkey as a Web3 innovation center.”