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Blockchain.Com Exchange Launched A Fiat Gateway For Turkish Lira

UK-based cryptocurrency data and wallet provider Blockchain.com Exchange has launched a gateway for the Turkish lira on its crypto exchange.

On Jan. 29 a press release published that Blockchain.com Exchange is the latest major crypto exchange to join the growing roster of crypto platforms with a direct gateway for the Turkish lira. The exchange has launched full banking integration to enable users to deposit and withdraw TRY on the exchange platform. Users from Turkey don’t need a third-party payment method to buy and sell crypto on Blockchain.com Exchange.


🇹🇷 Turkish traders! We’ve partnered with local banks to add full support for Turkish lira (TRY) on the Exchange so you can convert your TRY into crypto faster than ever. Sign up or log in to access the true global #crypto market now ⇾ https://t.co/QkwyakqZ1p pic.twitter.com/rxm7wY1h19 — Blockchain.com (@blockchain) January 29, 2020

The press release reads:

“Turkish users can now deposit, withdraw, and use TRY to buy Bitcoin (BTC), Ether (ETH) and Tether (USDT) and convert their crypto into the fiat currency of their choice.”

<img width="1024" height="576" src="https://www.cryptonewspoint.com/wp-content/uploads/2020/01/1533558502755.jpg" alt="turkish lira gateway" class="wp-image-9918 lazyload" />

The lira is the fourth fiat currency supported on Blockchain.com Exchange, launched in late August. The platform also supports pound, dollars, and euros.

Blockchain.com Co-founder and CEO Peter Smith called Turkey as one of the countries leading the charge to embrace cryptocurrencies while adding:

“Blockchain.com is dedicated to providing a fair, global market for Turkey’s crypto traders.”

Peter Smith’s description of Turkey echoes sentiments from Binance CEO CZ, who said once:

“Turkey is a vibrant country that has illustrated one of the strongest demands and fast-growing interest in crypto.” Shortly after the interview, Binance added support for buying Bitcoin and other cryptocurrencies with the Turkish lira through a local wallet partner.

Source: Cointelegraph.com

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