Binance Adds Support for Turkish Lira and Bitcoin, XRP, Ether Trading Pairs
Cointelegraph By Erhan Kahraman's original article for cointelegraph.com reduced by 74%
Binance cryptocurrency exchange has added support for buying Bitcoin and other cryptocurrencies with the Turkish lira through its local digital wallet partner Papara. According to the website, Turkish users are now able to exchange lira for BTC, Ether and XRP through their Papara digital wallets. Upon a request from Cointelegraph, Binance declined to comment beyond acknowledging the soft launch of Turkish Lira support.
Per the official website, support for Turkish Lira is limited to just buying cryptocurrencies, and there is no official word about when support for selling crypto with Papara will be added. Top Turkish local crypto exchanges, including BtcTurk, Paribu and Koineks also use the Papara digital wallet for deposits and withdrawals. This move from Binance came weeks after another global crypto exchange, Huobi, announced the launch of its fiat gateway for the Turkish Lira.
In an interview with Cointelegraph, Binance CSO Gin Chao also noted that the crypto exchange has been working to deliver services in several new markets, including Turkey, for some time.
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