Binance, the world's largest cryptocurrency exchange, answered a series of questions about cryptocurrency regulations in Turkey. Binance stated that it listens to its users' questions and is working to find solutions to their problems.
Binance announced that users in Turkey will continue to access Binance.com in accordance with the regulations. However, he stated that some changes will be made in some activities in Turkey in accordance with the law. Among these changes:
- – Gradual termination of Turkish language support on Binance.com within 3 months,
- – In English and other supported languages, Turkish users will be able to use Binance.com without any changes,
- – No special advertisements or campaigns will be made for Turkish users,
- – Türkiye users will be able to participate in global campaigns on their own initiative,
- – Turkish customer service support for Türkiye users will continue.
It was stated that users do not need to take any action under the new Crypto Law. In addition, it was stated that BinanceTR will continue its activities in Turkey with the new Crypto Law and there will be no change in user communication and operation.
The differences between Binance TR and Binance.com were also mentioned. It was stated that both platforms offer crypto asset trading services, but they adopt different business models. Binance TR was described as a crypto asset platform that was established in Turkey in 2020 and became the market leader in a short time. Focusing on the Turkish market, Binance TR offers customized services for the needs of Turkish users, while Binance.com is a global exchange providing services worldwide.
*This is not investment advice.