Bybit Türkiye Designated as a Crypto Asset Service Provider by the CMB

Dubai, United Arab Emirates, September 23rd, 2024, Chainwire

Bybit Türkiye, the Turkish partner site of Bybit, has reached a significant achievement by being officially recognized as a Crypto Asset Service Provider by Turkey’s Capital Markets Board (CMB) as of September 19th, 2024.

Operating under Narkasa Yazılım Ticaret Anonim Şirketi, a company established in Turkey, Bybit Türkiye ensures full compliance with CMB regulations. This recognition highlights Bybit Türkiye’s commitment to adhering to Turkey’s regulatory environment while fostering innovation and growth within the country’s cryptocurrency sector.

Enhancing Its Presence in Türkiye

Since forming a partnership with Narkasa in June, Bybit Türkiye has focused on strategic efforts to position itself as a leading player in the market. The exchange utilizes its global expertise, innovative technologies, and skilled personnel to offer Turkish users a secure and efficient trading platform designed to their preferences.

Commitment to the Turkish Market

Bybit Türkiye has implemented several initiatives to meet the needs of the Turkish cryptocurrency audience:

• Introduction of Turkish Lira (TL) Trading Pairs: Launched in early September 2024, this feature enables users to easily trade cryptocurrencies using TL.
• One-Click Buy Feature: Simplifies the purchasing process for newcomers to crypto trading.
• Bank Integrations: Collaborations with trusted local banks such as Ziraat Bank and Vakıfbank facilitate seamless TL deposits and withdrawals.

Bybit Türkiye is focused on delivering an outstanding user experience for traders of all levels. The platform provides advanced trading tools for experienced users and a straightforward interface for those who are new to trading, complemented by dedicated 24/7 customer support in Turkish.

Quote from Kutluhan Akçın, Country Manager of Bybit Türkiye:

“We are thrilled to be included in the CMB’s list of operating exchanges. This recognition allows us to further solidify our commitment to the Turkish market. By adhering to local regulations, we will provide a secure and localized crypto trading experience for our users. We aim to be a leader and pioneer in the Turkish crypto sector, offering users the unparalleled Bybit experience with the added convenience of Turkish Lira integration and exceptional customer support.”

About Bybit Türkiye

In June 2024, Bybit reaffirmed its dedication to the Turkish crypto ecosystem by rebranding Narkasa as Bybit Türkiye. This strategic decision reflects the company’s goal to deliver a comprehensive and secure trading experience tailored to the needs of Turkish users. As an independent brand managed by Narkasa Yazılım Ticaret Anonim Şirketi, Bybit Türkiye is committed to maintaining high standards of service and security for the local market.