Cryptocurrency is legal in Turkey. Bitcoin investors around the country have several exchanges to choose from when buying BTC. The Turkish government plans to tighten regulatory standards in the crypto industry, so knowing which exchanges to deal with is essential for safety and compliance. Buying bitcoins from trusted platforms like Nakticins, Binance, and Kraken will give you peace of mind and safeguard your crypto assets. This post reviews the top cryptocurrency exchanges in Turkey that you should consider using in 2024 and beyond.

4 Best Crypto Exchanges to Buy BTC in Turkey

The popularity of BTC has risen dramatically in Turkey over the last few years, and it continues to expand further. Many Turkish crypto lovers are eager to find the best exchanges to transact in Bitcoin securely. Reading this comprehensive review will help you choose the right exchange to buy Bitcoin in Turkey.

NakitCoins

NakitcCoins is Turkey’s most popular on-site crypto exchange that enables users to buy and sell Bitcoin in person with cash instantly. This leading physical Bitcoin shop was established in 2017, and it quickly grew to dominate the market with multiple branches across the country. You can buy bitcoins with cash if you visit a nearby NakitCoins bitcoin office in Istanbul, Ankara, or other locations. NakitCoins also allows Turkish crypto holders to easily convert their crypto into other assets at low fees without any limits.

Binance

Binance is among the top crypto platforms in Turkey. This reputable online exchange offers over 500 different cryptos. You can use the Binance peer-to-peer (P2P) platform to trade Bitcoin with other traders for cash. The exchange prioritizes security and KYC verification, two key factors that help it shine in the Turkish crypto market. Although Binance might prove challenging for beginners, it’s a great choice if you want to buy valuable cryptos like BTC, ETH, and BNB. The global Binance exchange is accessible to Turkish users. Binance TR is a great platform for those who want to do fiat-to-crypto and crypto-to-fiat transactions. 

Bitpanda

Bitpanda is a high-volume crypto exchange in Turkey that allows users to buy Bitcoin with credit cards, debit cards, and bank transfers. This exchange has high payment limits with relatively low transaction fees, resulting in a large user base. Investing in precious metals like gold is also possible with Bitpanda. The Bitpanda exchange has convenient withdrawal processes for users around the world.

Coinmama

Another popular cryptocurrency exchange in Turkey to buy Bitcoin securely is Coinmama. It’s one of the largest crypto platforms that supports the purchasing of Bitcoin with credit cards and through bank transfers. Coinmama was founded in 2013, growing to serve over two million global customers in 188 countries. The Slovakia-headquartered crypto exchange has over 40 full-time employees with good customer service. Coinmama charges trading fees in the region of 5.9%, and 5% for transactions involving credit cards. Beginners find the user interface extremely simple to navigate.

Withdrawing your funds to your secure personal wallet after purchasing Bitcoin from crypto exchanges is a great idea. Online exchanges are prone to hackers, so you may want to avoid leaving your bitcoins on such platforms and use a personal hardware wallet to safeguard your crypto assets.

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Becky

Meet the award-nominated UK lifestyle blogger behind Spirited Puddle Jumper – a mum of three living in South East London! Becky shares the real ups and downs of family life, parenting tips, and lifestyle inspiration, proving that being a mum doesn’t mean you stop being fun or having other interests! Follow along for honest insights into UK family life and opinions on a whole range of topics, from travel and food, to beauty reviews, home and DIY, business and health and wellness.