OKX Launches Cryptocurrency Exchange OKX TR in Turkey, Expanding into High Adoption Countries for Virtual Currencies

Leading global Web3 technology company and virtual asset exchange OKX officially launched its virtual asset exchange OKX TR in Turkey today, providing Turkish users with a trustworthy, compliant, and highly transparent virtual asset trading and decentralized financial platform. OKX Web3 Wallet is also serving the Turkish market through OKX’s global platform.
With the launch of OKX TR, users can enjoy enhanced localization features, including direct access to Turkish Lira through partnerships with Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank, and Türkiye Finans. The OKX TR team also provides 24/7 Turkish and English local support to ensure users receive timely assistance and comprehensive guidance.
OKX TR offers Turkish users a powerful platform with advanced virtual asset features, allowing users to trade major virtual asset pairs such as USTD/TRY, BTC/TRY, and ETH/TRY.
OKX Wallet is also available in Turkey. This non-custodial Web3 wallet provides users with an easy access point for trading NFTs, using dApps, and other services. It is also the first wallet to have both MPC (Multi-Party Computation) technology and Account Abstraction functionality, making OKX Wallet more widely adopted even by users with lower technical knowledge.
In May 2023, OKX announced its expansion into Turkey and opened an office and established a team. With the official launch of OKX TR, the company will continue to grow and provide localized products and services to gain market share in the local market.
OKX President Hong Fang said, “The official launch of OKX TR is an important milestone in our global expansion strategy. With the adoption rate of virtual assets approaching 50%, the Turkish market will continue to develop and is a highly dynamic and promising market in the industry. The high participation and understanding of the Turkish public in virtual assets provide an ideal environment for OKX, and we are committed to fostering this vibrant ecosystem.”
Mehmet Çamır, Chairman of the Board of OKX TR, said, “The launch of OKX TR validates our confidence in the immense potential of the Turkish market and our commitment to serving that market. As a global leader in virtual asset trading, Turkey holds a key position in the development of decentralized finance. We are delighted to support this development and firmly believe that our presence here will play a crucial role in nurturing Turkey as a Web3 innovation center.”