As an analyst with a background in global finance and cryptocurrency, I must say that this latest move by Bybit Türkiye is a significant step forward for the crypto market in Turkey. Having spent years observing the challenges faced by users when attempting to navigate the complex world of digital assets, I am pleased to see a platform like Bybit making it easier for Turkish users to invest and trade efficiently.
Bybit Turkey, an affiliate venture of Bybit.com, recently disclosed information about the highly anticipated launch of TRY (Turkish Lira) trading pairs on their open market.
Bybit users in Türkiye now can trade TRY seamlessly: Details
As of August 30, 2024, I, as a researcher, will be involved in the launch of Bybit Türkiye, Bybit’s regional partner project. This exciting venture will enable TRY (Turkish Lira) trading against some of the world’s most prominent cryptocurrencies.
📢 Bybit Turkey is announcing three new TRY trading pairs!
— Bybit Türkiye (@BybitTurkiye) August 30, 2024
In this new update, Turkish users can now easily trade Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) using Turkish Lira (TRY) without needing to convert from US Dollars (USD) or Euros (EUR) accounts, cards, or traditional on-ramps.
This launch emphasizes Bybit Turkey’s dedication to delivering a user-friendly, locally tailored platform in line with our recent brand refresh, catering specifically to the Turkish cryptocurrency community.
On August 30, 2024, Bybit Turkey opened trading for its users on three different pairs. At precisely 8:00 a.m. UTC, the USDT/TRY pair started operating, followed by the activation of the BTC/TRY pair at 8:30 a.m. UTC. Since 9:00 a.m. (UTC), the ETH/TRY pair has been active and available for trading.
In just a few days after the grand opening of a Bybit office in Amsterdam, there is an important news update that pertains specifically to the Turkish community.
Launched in partnership with SATOS, the Amsterdam office opened its doors on Aug. 22, 2024.
Bybit ecosystem bets big on new generations of crypto users in Türkiye
These newly introduced pairings streamline the process for Turkish Lira (TRY) holders to effortlessly buy and trade prominent cryptocurrencies, thereby enhancing their investment and trading experience.
As a country manager based in Turkey for Bybit, I am thrilled to emphasize the pivotal role this development plays in elevating our nation’s standing within the global cryptocurrency landscape. Being at the forefront of such innovation underscores our commitment to fostering digital financial inclusivity and driving economic growth in Turkey.
We’re excited to announce that we’re making TRY trading pairs available to our esteemed users based in Turkey! This move signifies our commitment to addressing local requirements and offering a user-friendly platform for Turkish users to engage with the cryptocurrency market.
Bybit Turkey is not only focusing on adding new trading options for the Turkish market, but also strives to develop a thriving local community by continually adapting to local preferences and addressing unique user requirements.
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2024-09-02 18:47