OKX officially launches a new crypto-exchange in Turkey

OKX has announced the opening of its new crypto-exchange in Turkey: OKX.TR, which offers new trading pairs denominated in Turkish lira. 

OKX expands into Turkey with the launch of the new crypto-exchange OKX.TR 

Today, the renowned crypto-exchange OKX announced the official launch of its new crypto trading platform in Turkey, called OKX.TR. 

“Hello! We are pleased to announce the official launch of OKX TR, our customized platform for Turkish users. As the president of OKX TR @mehmet_camir emphasizes, @OKXTurkiye offers a transparent, compliant, and user-friendly portal for cryptocurrencies and Web3.”

OKX.TR has been designed for Turkish users, and offers new trading pairs denominated in Turkish Lira TRY. Among others, there are indeed USDT/TRY, BTC/TRY, ETH/TRY. 

Not only that, the new Turkish platform has integrated deposits and withdrawals in Turkish lira in collaboration with some of the most renowned banks in the country, including: Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank, and Türkiye Finans. 

The new crypto-exchange for Turkey is the result of work announced last May 2023, when OKX had stated its commitment to engage with the crypto community of this country. 

OKX: the new crypto-exchange OKX.TR is the result of a long-term journey in Turkey

For the launch of the new Turkish crypto-exchange, OKX.TR, OKX has established a local office and team, which represent not only a physical presence in the territory, but also the beginning of a long-term journey in Turkey. 

In this regard, Mehmet Çamır, President of OKX TR, said:

“As President of OKX TR, I am excited to be part of Turkey’s journey to become a global hub for Web3 innovation. The launch of OKX TR represents much more than just an expansion; it signifies our commitment to providing users with a transparent, compliant, and user-friendly portal to the world of blockchain. We invite you to join us as we embark on this exciting journey. Together, we can unlock the vast potential of the Turkish crypto community and pave the way towards a future where finance is more inclusive and transparent.”

Speaking of Turkey and the crypto sector, last September 2023, the crypto-exchange KuCoin published its report on the use of cryptocurrencies in the country. The results showed that there has been a 12% increase in the number of Turkish crypto investors in the last 18 months.

The latest partnerships of the crypto-exchange

In this 2024, OKX has made headlines for two important partnerships. The first concerns the strengthening of an existing partnership with the McLaren Formula 1 Team.

Among the various news for this year, the OKX logo will also be displayed on the side pods of the McLaren F1 car livery for 20 races of the season. 

Another important partnership, completely new for OKX, concerns OKX Wallet. In fact, in mid-February 2024, OKX Wallet along with Crypto.com DeFi Wallet and Halo Wallet became partners of the Mocaverse metaverse.

From this moment, OKX Wallet users can request their unique Moca ID in-app, and enter the Mocaverse ecosystem, the associative network project of Animoca Brands. 

In this way, OKX offers its users direct access to the Moca ID so they can explore various Web3 cultural experiences such as PointFi, GameFi, and Social Fi of Mocaverse.