BtcTurk | Pro is a centralized exchange, ranked #67 on the BitDegree exchange tracker. The recent trading volume for BtcTurk | Pro stands at $163,472,102** over 24 hours and **$194,245,598,451 over the past seven days.
BtcTurk Pro is a centralized exchange, operating since 2013 with its headquarters in Istanbul, Turkey. It claims to be Turkey’s first exchange of its kind and the fourth global Bitcoin and altcoin trading platform.
The BtcTurk Pro cryptocurrency exchange states that it has over 4 million registered users and integrates with seven Turkish banks, allowing deposits and withdrawals in Turkish Lira (TRY). This service is available 24/7.
Currently, BtcTurk supports trading in the following currencies: BTC, Turkish Lira, and USDT. Subscribers to BtcTurk’s professional services can trade with Turkish clients, benefit from reduced exchange costs, and withdraw Bitcoin for free.
Due to market conditions, BtcTurk’s trading volume is highly volatile. Users can register or log in via the BtcTurk Pro mobile app.
Markets
BtcTurk Pro facilitates crypto-to-crypto and crypto-to-fiat trading, with TRY (Turkish Lira) being the only supported fiat currency. At the time of writing, the exchange offers 72 cryptocurrencies and 168 trading pairs.
Some of the available markets on BtcTurk Pro include:
- DOGE/TRY
- SOL/TRY
- LUNC/TRY
- RNDR/TRY
- UMA/TRY
BtcTurk does not charge commissions for deposits, but withdrawals may incur fees depending on the asset. Bitcoin withdrawals, however, are fee-free.
The exchange employs a five-tier fee structure based on 30-day trading volume:
- Maker fees: 0.01% – 0.05%
- Taker fees: 0.04% – 0.09%
- Crypto/TRY maker fees: 0.01% – 0.1%
- Crypto/TRY taker fees: 0.08% – 0.18%
About the Company
BtcTurk launched in July 2013, becoming Turkey’s first cryptocurrency exchange.
According to Emre Kenci, BtcTurk’s Chief Technology Officer, the team began developing the platform in January 2013 after recognizing Bitcoin’s potential.
The platform aimed to simplify TRY-to-crypto conversions. However, in August 2016, regulatory concerns led Turkish authorities to halt BtcTurk’s corporate banking access. Despite this setback, the exchange resumed operations shortly after, reintroducing TRY-to-crypto trading for BTC, ETH, XRP, USDT, LTC, XLM, and more.
A major drawback of BtcTurk is that it does not accept PayPal, cash, or credit card deposits, relying solely on bank transfers.
Leadership
Ozgur Guneri, CEO of BtcTurk, has been in the financial sector since 2000. Previously at Finansbank Group, he held roles such as Deputy General Manager, Chief Investment Officer, and Board Member.
Guneri also serves as CEO of BtcTrader, a firm specializing in cryptocurrency and blockchain trading tools. He holds an MBA from the London School of Economics.
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FAQs
1. Is BtcTurk Pro safe?
BtcTurk Pro is a regulated centralized exchange with bank integration in Turkey. However, users should enable two-factor authentication (2FA) for added security.
2. What fees does BtcTurk charge?
BtcTurk follows a tiered fee model based on trading volume, with maker/taker fees ranging from 0.01% to 0.18%. Bitcoin withdrawals are free.
3. Can I deposit via credit card?
No, BtcTurk only supports bank transfers in Turkish Lira.
4. How many trading pairs are available?
At present, BtcTurk offers 168 trading pairs across 72 cryptocurrencies.
5. Does BtcTurk have a mobile app?
Yes, BtcTurk Pro provides a mobile app for trading and account management.