Turkey’s second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up
2022.04.29 18:01
Turkey’s second wave of major crypto interest: Bitfinex, Coinbase and KuCoin ramp up
Turkey is experiencing a resurgence in cryptocurrency interest as major crypto exchanges set foot in the transcontinental country. From demographics to offline marketing to currency depreciation, there is plenty of motivation for the 84 million Turkish people to sign up to the new exchanges.
Bitfinex, among the world’s largest cryptocurrency exchanges, recently announced its plans to expand into Turkey (see tweet). Coinbase (NASDAQ:COIN) reportedly set its sights on acquiring local exchange BtcTurk, while Binance is launching its first customer service center.
Billboards and offline marketing are key in Turkey. Source: CointelegraphBitcoin and cryptocurrency spreading across Turkey. Source: Cointelegraph
