Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
In a significant move for the Turkish cryptocurrency market, Bybit Türkiye, the local partner site of Bybit.com, has announced the launch of Turkish Lira (TRY) trading pairs on its Spot market.
This development, effective from August 30, 2024, allows Turkish users to directly trade leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) against the TRY, streamlining the trading process by eliminating the need for currency conversion.
The newly introduced trading pairs are designed to provide a more user-friendly and localized experience for Bybit Türkiye users. The trading pairs available are:
- USDT/TRY: Available from 08:00:00 UTC
- BTC/TRY: Available from 08:30:00 UTC
- ETH/TRY: Available from 09:00:00 UTC
These pairs simplify the process of acquiring and trading cryptocurrencies with the Turkish Lira, offering users an efficient and direct means to invest in the crypto market.
Localized focus for Turkish users
This launch follows Bybit Türkiye’s recent rebranding, emphasizing the platform’s commitment to catering to the specific needs of its Turkish user base.
By providing direct access to top cryptocurrencies with TRY, Bybit Türkiye aims to enhance the trading experience, making it more accessible and convenient for local users.
Kutluhan Akçın, Turkey Country Manager at Bybit, expressed his enthusiasm for the launch, stating,
We are thrilled to introduce TRY trading pairs to our valued users in Turkey. This launch reflects our dedication to catering to local needs and providing a convenient platform for Turkish users to participate in the crypto market.
Strengthening community ties
Bybit Türkiye’s efforts go beyond the introduction of new trading pairs. The platform is focused on building a vibrant local community, continuously enhancing its services to meet the evolving needs of Turkish users.
These localization efforts are part of Bybit Türkiye’s broader strategy to establish itself as a leading crypto platform in Turkey.
The direct TRY trading pairs are expected to be a popular addition among Turkish crypto traders, providing them with a streamlined and efficient way to engage with the rapidly growing digital asset market.
The post Bybit Turkiye launches direct TRY trading pairs, empowering Turkish users appeared first on Invezz
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.