The Bitcoin market is increasing in popularity, with countries such as Turkey reporting large numbers of Bitcoin transactions every day. The success and ease of Bitcoin trading mostly depend on the exchange platform used.
There are various platforms one can use, each with different qualities and features. If you are planning to buy and sell Bitcoin in Turkey, here are a few ways you can try.
Buy and Sell Bitcoin in Turkey Using NakitCoins
NakitCoins is the leading cryptocurrency exchange that allows its users to buy and sell Bitcoin in Turkey. To work with NakitCoins, you first have to visit one of their physical exchange offices in Turkey, submit your cryptocurrency wallet address, and make or take payment in cash.
This in-person cryptocurrency exchange is very convenient and easy to use. Lastly, it is highly secure and fast; therefore, you do not have to worry about the safety of your Bitcoin investment.
Buy and Sell Bitcoin in Turkey Using Coinbase
One of the biggest Bitcoin brokers in the world is Coinbase. It is actively used in many countries including Turkey. Additionally, Coinbase lets you use your debit card rather than a credit card to buy up to $160 worth of Bitcoin each week. In comparison to other exchange platforms, it levies a small fee on all purchases—3.99%.
To buy and sell Bitcoin in Turkey using Coinbase, you must first start by opening an account with Coinbase. This will allow you to conduct all your trading. The platform is highly secure, so you do not have to worry about your assets being illegally accessed.
Buy and Sell Bitcoin Using CoinMama
CoinMama is a Bitcoin broker that allows you to buy and sell Bitcoin using cash, a debit card, or a credit card. It charges you a 7% fee because of the risks and processing fees that are associated with credit card payments. One fantastic feature of CoinMama is that it allows one to purchase up to $4,000 worth of Bitcoin per day and a maximum of $15,000 worth of Bitcoin per month.
To buy and sell Bitcoin in Turkey using CoinMama, you first have to open an account. This will allow you to easily buy and sell Bitcoin in the comfort of your home and securely store your purchase in your Bitcoin wallet.
Buy and Sell Bitcoin Using Bitcoin ATMs
A Bitcoin ATM is a device that exchanges Bitcoin for cash. Although these ATMs resemble conventional bank ATMs, they are not connected to any bank accounts. They instead put the customer in touch with a Bitcoin exchange.
The machine can exchange Bitcoin for cash or simply cash for Bitcoin. The exchange rate may fluctuate from time to time, but it is largely influenced by the market rate at the time. Bitcoin ATMs can be found at various locations throughout Turkey including convenience stores, gas stations, shopping centers, and a variety of other locations. You can download a Bitcoin ATM app that will always discover the closest ATMs nearby for easier accessibility.
Buying and selling Bitcoin in Turkey is an easy process that can be completed with a few clicks. There are various ways one can buy and sell Bitcoin in Turkey, with the easiest and fastest explained in the above article.