Bitget Unveils Instant Lira-to-Crypto Conversions, Streamlining Turkish Market
Bitget – a global crypto exchange and Web3 firm – has launched support for instant Lira to crypto conversions to streamline access to digital assets for Turkish consumers.
Using the “easy buy and sell” feature, Turkish customers can now deposit TRY to Bitget directly from their bank accounts and immediately convert their funds to either Tether USD (USDT) or Bitcoin (BTC).
Users need not wait for funds to clear or transfer, nor to match the order books, helping to create “seamlessness and easy-to-use products in crypto localized for the region,” as stated in a press release from Bitget.
“We want to provide easy ways to buy and sell crypto to accelerate mass adoption,” said Gracy Chen, Managing Director at Bitget, in an accompanying statement. “The addition of instant cash conversions aligns with our plans of delivering localized crypto products in Turkey.”
The announcement follows Bitget’s expansion of support for seven Middle-Eastern fiat currencies earlier this month, and its specialized institutional gateway for EURO deposits and withdrawals earlier this year.
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