đšđˇ Binance TR: The Largest Crypto Exchange in Turkey
Binance TR, has been a key player in onboarding Turkish users into the crypto world since 2020.
Hereâs an in-depth look at its current ecosystemđ
đš Core Facts
⢠Operated by BN Teknoloji A.Ĺ.
⢠Headquartered in Istanbul
⢠Fully compliant with Turkish financial laws
⢠TRY-based crypto trading with 270+ tokens listed
đ¸ Fiat Support & Banking
⢠Supports 7 major Turkish banks
⢠Instant and fee-free TRY deposits/withdrawals via FAST, EFT & wire
⢠Native IBAN verification system for secure transactions
đ Trading & Features
⢠Spot trading across TRY, USDT, and USDC pairs
⢠~300 trading pairs
⢠Binance Transfer: free & instant transfer to Binance Global
⢠Convert, staking, and quick buy options for beginners
đ Market Position
⢠Daily volume â $248M
⢠~2,300 BTC traded per day
⢠Top exchange in Turkey, ranked 212th globally by volume
đ° Fee Structure
⢠Trading fees start at 0.1% and drop to 0.02% (based on VIP level)
⢠Extra discounts with BNB or referral codes
⢠No fees for fiat deposits/withdrawals
⢠Low crypto withdrawal fees, varying by asset
đ Compliance & Security
⢠ISO 27001 & 27701 certified
⢠Majority of funds stored in cold wallets
⢠Mandatory KYC (ID verification)
⢠2FA, address whitelisting, and full AML compliance
đ Recent Initiatives
⢠Launched a âş100M summer rewards campaign (JuneâSept 2025)
⢠Binance Women in Tech Academy aims to train 2,025 women in Web3
⢠Full alignment with Turkeyâs new crypto regulations
â Pros
⢠Direct fiat (TRY) trading
⢠Free & fast bank transfers
⢠Local language support and team
⢠Binance Global integration
⢠High regulatory transparency
â ď¸ Limitations
â No margin or derivatives trading
â Limited crypto-to-crypto pairs
â Lower liquidity vs. global CEXs
â Onboarding process may feel strict for new users
đ Final Take
If youâre in Turkey and want a regulated, secure, and integrated experience, Binance TR is a strong choice.