OKX announced today the official launch of its virtual asset exchange, OKX TR, in Turkey. OKX Web3 Wallet currently serves the Turkish market through the global OKX platform.
With the launch of OKX TR, users can enjoy enhanced localization features, including direct access to the Turkish lira through partner banks such as Fibabanka, VakıfBank, Ziraat Bankası, İş Bankası, Şekerbank, and Türkiye Finans. The OKX TR team also provides 24/7 support in Turkish and English to ensure users receive timely assistance and comprehensive guidance.
OKX TR provides Turkish users with a powerful platform with advanced virtual asset features and allows users to trade major virtual asset pairs such as USTD/TRY, BTC/TRY, and ETH/TRY.
The OKX Wallet is also available in Turkey. This non-custodial Web3 Wallet provides users with an easy entry point to trade NFTs and use dApps. It is also the first wallet to have both MPC (Multi-Party Computation) technology and Account Abstraction, making it more widely accessible to users with lower technical knowledge.
In May 2023, OKX announced its expansion into Turkey and opened an office and established a team there. With the official launch of OKX TR, the company will continue to grow and provide localized products and services to gain market share in the region.
OKX President Hong Fang stated:
OKX TR Chairman Mehmet Çamır said, “The launch of OKX TR confirms our confidence in the huge development potential of the Turkish market and our commitment to serving that market. As a global leader in virtual asset trading, Turkey plays a crucial role in the development of decentralized finance. We are delighted to support this development and believe that our presence here will play a key role in fostering Turkey as a Web3 innovation hub.”
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