OKX launches TRY deposits and withdrawals to further expand in Türkiye
“Our goal is to become the leading crypto platform in Türkiye. This starts with listening to the community about their needs and investing in the market.”
OKX has launched Turkish Lira (TRY) deposits and withdrawals on Android, iOS, and web, thus streamlining the trading experience for Turkish users.
The digital asset exchange is making it more convenient to directly deposit and withdraw Turkish Lira (TRY) as it deepens its focus on the fast-growing Turkish market.
The move also expands the platform’s offerings for users around the world wanting to trade crypto with TRY.
“Our goal is to become the leading crypto platform in Türkiye”
Haider Rafique, Chief Marketing Officer at OKX, said: “Our goal is to become the leading crypto platform in Türkiye. This starts with listening to the community about their needs and investing in the market. We want to give the Turkish community a platform to explore, experiment and dream up the future with us. Perhaps we will see the next big thing come out of Türkiye with the support from us and other crypto companies.”
The second largest crypto exchange by trading volume is a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo as part of its branding strategy. OKX is also the top partner of the Tribeca Festival.
The firm has recently released its fifth proof-of-reserves report amid increasing demand from crypto investors asking for transparency from exchanges they trade with.
Published on its website, the updated report shows on-chain and off-chain asset balances, and a complete list of wallet addresses is available for public viewing. The fifth monthly Proof of Reserves shows $8.9 billion held by the exchange in BTC, ETH, and USDT. Per its statement, these findings are the largest 100% clean asset reserves among major exchanges, according to third party data.
Audited by blockchain analytics firm CryptoQuant, OKX’s assets are considered “clean” as it doesn’t include the exchange’s own token, solely made up of high market cap assets such as BTC, ETH and USDT.
OKX’s recent proof-of-reserves features new tools that enable users to view reserve ratios for new and historical data to self-verify assets held within its platform. They will be also able to download the files containing the most recent update, as well as all historical PoR data.
