BtcTurk Review
Key takeaways from our BtcTurk review:
- Reputable Turkish crypto exchange with low fees.
- Wide coin selection, reliable support.
- Limited payment options
BtcTurk Pros & Cons
Pros
Cons
Side Note: We've have reviewed over 100+ crypto exchanges, and ranked them on their fees, markets and availability.
What is BtcTurk?
BtcTurk is a Turkish cryptocurrency exchange platform, allowing users to buy, sell, and trade digital assets such as Bitcoin, Ethereum, and Litecoin. It also provides an advanced trading platform with features such as margin trading and stop-limit orders.
BtcTurk is one of the most popular exchanges in Turkey, and has been providing services since 2013.
BtcTurk Features & Benefits
BtcTurk offers a wide range of features that make it an ideal choice for both novice and experienced traders. It has a user-friendly interface, which makes it easy to navigate and find the features you need. It also provides a secure platform for trading, with advanced security measures such as two-factor authentication and cold storage.
The platform also offers a variety of trading options, including spot trading, margin trading, and futures trading. This allows users to diversify their portfolios and take advantage of different market conditions. Additionally, BtcTurk supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more.
BtcTurk also offers it's own mobile app available for android and iOS devices.
It has a powerful charting tool that allows users to analyze market trends and make informed trades. It also has a range of analytical tools, such as the ability to backtest strategies and view historical data.
Is BtcTurk Available to US Citizens?
No, BtcTurk is not available to US-investors.
BtcTurk is a cryptocurrency exchange based in Turkey and is only available to investors in Turkey and other select countries in the Middle East, North Africa, and Central Asia. Investors in other countries may not be able to use BtcTurk for their trading needs.
BtcTurk Fees - Trading and Withdrawal Fees
When it comes to trading fees, BtcTurk is relatively competitive. There is no deposit fee for any of the supported cryptocurrencies and the withdrawal fees vary depending on the cryptocurrency.
For example, Bitcoin withdrawals are subject to a 0.000 BTC fee, while Ethereum withdrawals also incur a 0.0000 ETH fee.
BtcTurk also charges maker and taker fees for trades. Maker fees are charged when a trader places an order that is not immediately matched by another trader. Taker fees are charged when a trader places an order that is immediately matched by another trader. The maker fees is 0.05% and taker fees is 0.09%, depending on the trading volume.
BtcTurk Alternatives
BtcTurk has been in the crypto world for a while now, but there are better alternatives that you should know about.
Here are several other crypto exchanges that offer a wide variety of coins, low trading fees, and user-friendly interfaces:
- Paribu was founded in 2017 and is currently the largest crypto exchange in Turkey. It offers a wide variety of coins, low trading fees, a secure platform, and a user-friendly interface. It also has a mobile app for easy trading on the go.
- Binance Turkey is another popular crypto exchange that is known for its advanced security measures. It also offers a wide selection of coins, low fees, and a user-friendly interface.
- eToro offers easy-to-use features for new traders like Copy Trading and a solid mobile wallet. It is available to traders in over 140 countries, including the United States. See our eToro review here.
How to Sign Up on BtcTurk Crypto Exchange?
Here's how you can sign up on BtcTurk:
- Visit BtcTurk Exchange
- Click “Register” in the top right corner.
- Enter your Turkish ID number, name, email address, phone number, date of birth and create a password.
- Accept the Terms of Service and Privacy Policy.
- Click “Register Now”.
- Check your email inbox for a confirmation link.
- Click the link to confirm your account.
- Log in to BtcTurk and start trading.
