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There is a Sudden Increase in Turkish Lira Trading Pair Volumes on Central Cryptocurrency Exchanges! Here are the details

According to the data of the crypto analysis company Kaiko, there is a sudden increase in Turkish Lira transactions on central crypto currency exchanges.

Author: Mete Demiralp
Update:
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According to the data of the crypto analysis platform Kaiko, after the start of the elections in Turkey, there has been a significant increase in the amount of transactions made in Turkish lira trading pairs on central crypto currency exchanges.

The share of Turkish Lira's trading volume between fiat currency pairs on central exchanges has increased from 5% last week to 15% in the current situation.

Genel merkezi borsalarda Türk lirası işlem çiftlerinin diğer itibari para birimi işlem çiftlerine oranla işlem hacminde yaşadığı yükselişi gösteren grafik.

The Ratio of Tether's Transaction Volume to Other Cryptocurrencies on Turkish Stock Exchanges Reaches an All-Time High

In addition, Kaiko analysts also examined the trading volumes on BtcTurk. According to analysts, Tether (USDT) trading volume on the mentioned cryptocurrency exchange has reached an all-time high. USDT has surpassed Bitcoin, Ethereum and other cryptocurrencies on the exchange.

Chart showing USDT trading volume on BtcTurk hitting an all-time high compared to all other cryptocurrencies.

*Not investment advice.

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