Bybit Türkiye has officially been recognized as a Crypto Asset Service Provider by Turkey’s Capital Markets Board (CMB), marking a significant achievement in its efforts to strengthen its foothold in the local crypto market.

As the Turkish branch of the global crypto exchange Bybit, operating through the local entity Narkasa Yazılım Ticaret Anonim Şirketi, Bybit Türkiye ensures full compliance with CMB regulations, supporting the growth of Turkey’s evolving crypto sector.

Expanding Presence in Türkiye

Since partnering with Narkasa in June 2024, Bybit Türkiye has focused on establishing itself as a key player in the market. Leveraging its global expertise, cutting-edge technology, and a skilled team, the exchange aims to provide a secure and efficient platform tailored to the needs of Turkish users.

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Commitment to Turkish Crypto Users

Bybit Türkiye has introduced several key features to enhance the user experience:

– Turkish Lira (TL) Trading Pairs: In early September 2024, Bybit launched TL trading pairs, enabling users to trade cryptocurrencies directly with the local currency.
– One-Click Buy Feature: This feature simplifies the process of purchasing cryptocurrencies, making it easier for newcomers to enter the market.
– Ziraat Bank and Vakıfbank Integration: The integration with trusted local banks has facilitated smooth TL deposits and withdrawals.

Bybit Türkiye is dedicated to offering a high-quality experience for all users, providing advanced trading tools for experienced traders, a user-friendly interface for beginners, and 24/7 customer support in Turkish.

Kutluhan Akçın, Country Manager of Bybit Türkiye, said:

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“We are excited to be included in the CMB’s list of approved exchanges. This recognition strengthens our commitment to the Turkish market. By adhering to local regulations, we will deliver a secure and localized trading experience. We aim to lead the Turkish crypto sector, offering the unmatched Bybit experience, with the convenience of Turkish Lira integration and exceptional customer support.”

Source: financefeeds.com

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