A new era has officially begun for cryptocurrency withdrawals. 🤙
🔸As of July 4, 2025, a waiting period is now applied to withdrawals made from asset platforms in Türkiye.
◾️Here are the details of the new regulation 👇
Why is there a waiting period?
🔸Regulatory moves continue in the crypto asset world. The purpose of this application is to increase account security and combat illegal activities. This new system, introduced within the framework of MASAK's General Communiqué No. 29, prioritizes user identity verification and transaction transparency.
How Does the Withdrawal Period Work?
◾️For New Accounts:
A 72-hour waiting period is required for you to make your first crypto withdrawal. This period applies to both existing balances and new investments.
◾️After the First Transaction:
When the first transfer is completed, the system now considers your account safe. The waiting period for subsequent withdrawals is reduced to 48 hours.
◾️If you have made a new investment:
Every new balance you send to your wallet or obtain through trading on the platform is subject to a waiting period again.
Which Transactions Are Not Affected?
🔸TL deposit and withdrawal transactions are excluded from this system. Turkish Lira transactions continue to work the same way.
🔸No waiting is applied to transfers made to wallets with an ID match (for example, transactions within @BinanceTR).
🔸Such transactions will continue to be carried out instantly since they are already regulated by the Travel Rule.
In light of all these developments, withdrawing will now require some time and patience, but this regulation is extremely appropriate for the safety of users and the healthy progress of the system. 🤙
