Bitget enters Turkey: Bitget TR launches crypto derivatives and fiat gateway for USD, EUR, TRY
The Fiat Gateway serves as a bridge connecting traditional financial systems and digital assets, enabling transactions between fiat currencies like USD, EUR, or TRY, and cryptocurrencies such as Bitcoin and Ethereum.
Bitget has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey, including access to the trading of crypto derivatives.
The newest addition to the Bitget family is expected to strengthen the global presence of the Bitget brand as the crypto platform currently ranked among the top 4 CEXs in Q1 2023, according to TokenInsight. demonstrating growth across all metrics.
Bitget has also been growing its team, which now boasts 1,300 members across over 60 countries and regions, as the company keeps serving both local and global crypto communities through initiatives like Bitget TR, strategic partnerships, and world-class offerings on the flagship Bitget platform.
“Localized, convenient, and compliant crypto services to users in Turkey”
Bitget TR is intended to tailor experiences to address diverse local needs while connecting audiences across borders.
Gracy Chen, Managing Director of Bitget, said: “The launch of Bitget TR enables us to provide localized, convenient, and compliant crypto services to users in Turkey. Bitget aims to build a fair, transparent, low-threshold and regulated decentralized financial system. We will continue to gain trust and recognition with the launch of more localized services in collaboration with local partners.”
Through Bitget TR, Turkish users can access Bitget’s products and services in Turkish. The localized portal provides dedicated services and personalized technical assistance to the Turkish crypto market, which is recognized as one of the fastest-growing and most promising in terms of crypto adoption. he significance of providing seamless access to dedicated services in the country becomes paramount.
Fiat Gateway bridges TradFi and Crypto
Bitget TR also features a Fiat Gateway that allows local users to trade on the crypto platform using the Turkish Lira (TRY). This capability establishes a secure and seamless connection between the cryptocurrency market and the traditional banking system, offering Turkish users convenient one-stop-shop access to the global crypto marketplace.
The Fiat Gateway serves as a bridge connecting traditional financial systems and digital assets, enabling transactions between fiat currencies like USD, EUR, or TRY, and cryptocurrencies such as Bitcoin and Ethereum.
The primary focus of Bitget TR is to provide a user-friendly platform that enables seamless deposits and withdrawals in Turkish Lira, unlocking the complete potential of digital assets for local traders. Bitget Turkey streamlines the process of depositing and withdrawing TRY, allowing users to easily transfer funds from their bank accounts using the same ID details.
