OKX launches in Turkey

CRYPTO exchange OKX officially launched in Turkey today.

The digital asset giant now operates OKX TR in the G20 nation, and has made its Web3 wallet available on its global platform.

As well as the usual features, the move also includes enhanced localized feature such as Turkish Lira direct deposits and withdrawals from banking partners Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank and Türkiye Finans.

"The official launch of OKX TR is a significant milestone in our global expansion strategy," said OKX President Hong Fang.

"With a crypto adoption rate close to 50%, Türkiye represents a very dynamic and promising market for the industry as it continues to develop. The population's high level of engagement and understanding of digital assets makes it an ideal environment for OKX, and we're strongly committed to helping continue to grow this already vibrant ecosystem."

OKX TR Board Chairman Mehmet Çamır added: "The launch of OKX TR is a testament to our belief in the country's huge potential for growth and our commitment to the market. Already a global leader in crypto trading, Türkiye is also in a prime position to grow in the decentralized finance space. We're excited to support this development, and firmly believe that our presence here will play a pivotal role in nurturing Türkiye's emergence as a Web3 innovation hub."

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