Crypto Exchanges
BTCTurk Pro Crypto Exchange Review 2023 – Is BTCTurk.com Safe?
BTCTurk trading platform has approximately 560,000 registered users. Ozgur Guneri bought 95% shares of BTCTurk.com in 2018 and became the new CEO (Chief Executive Officer) of the exchange and expanded the company to more than 90 employees to serve the community in a better way.
Introduction
BTCTurk pro is now BTCTurk and is known to be the most secure and safe cryptocurrency exchange among European countries. BTCTurk is regarded as the 1st Turkey-based cryptocurrency exchange and in 4th rank of earlier top 5 cryptocurrency exchanges globally. BTCTurk.com was launched in Turkey in July 2013, the originating and flourishing phase of the crypto industry.
BTCTurk crypto exchange has two trading modes, one for beginners and the second for professional traders. This makes it convenient to use and beneficial for both novice and experienced users. 560,000 registered users. In 2018, Ozgur Guneri bought 95% of the company’s shares and became the new CEO (Chief Executive Officer) of the exchange and expanded the company to more than 90 employees to serve the community in a better way.
BTCTurk Supported Cryptocurrencies
Most of the major cryptocurrencies are supported on the exchange. BTCTurk Pro allows both professional and novice customers to trade more than 50 digital assets. Leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Chiliz (CHZ), Avalanche (AVAX), Shiba Inu (SHIB), Bancor (BNT), Apecoin (APE), and Chainlink (LINK) are also supported for buying, selling, and trading purposes.
BTCTurk.com supports the native fiat currency ‘Lira’ which is also used for deposit and withdrawal with a certain set of rules and regulations. This site isn’t for passive income but rather, one can earn by actively trading cryptocurrencies.
Security and Privacy of BTCTurk
BTCTurk cryptocurrency exchange offers an effortless but secure trading experience. You will not need to provide personal documents like account details and passports but to have a valid wallet address would be sufficient for beneficial trading. If a customer opts to use crypto to fiat or fiat to the crypto transaction, then he will need some additional documents like a credit card to carry out the transactions in a secure way.
BTCTurk utilizes advanced security measures to avoid fraudulent activities and takes responsibility for the security of the digital assets of the customers. For the said purpose BTCTurk Pro uses customers’ security and verification protocols over financial transactions. Know-Your-Customer (KYC) and Anti-Money Laundering (AML) methods to verify the registered customers and transactions.
BTCTurk’s Fee and Commission Structure
BtcTurk Pro charges a fee from both take and maker. The taker fee is 0.09%, lower than the average 0.25% and maker fees are even lower at 0.05%. The exchange offers maker fees set at 0.05 percent for crypto-to-crypto trading, providing a competitive rate. As trading volume grows, many exchanges have reduced fees, urging traders to engage in larger volumes.
BTCTurk Mobile Application
Most of traders prefer using desktops for cryptocurrency trading because of the larger screens showing crucial details for trading decisions. However, not everyone needs a desktop; some trade on smartphones. TCTurk Pro allows customers to trade and navigate their digital assets through the cellular device. BTCTruk.com mobile application is available for both Android and iOS users.
Customer Support
BTCTurk Pro has admirable customer support services as it offers 24/7 dynamic and user-friendly services. Apart from the FAQs section, customers can reach out to customer support through email support, live chat and social media. The customer support team immediately responds to the customer to tackle their queries and provides the best solution.
Pros and Cons
Pros
- Entertains both traders i.e., beginners and professional
- Accepts fiat currency
- No deposit fee and low withdrawal fees
- AML/KYC security system
- Licensed cryptocurrency exchange
- User-friendly interface
- Mobile application
Cons
- Only Turkish Lira is supported as fiat currency
- Doesn’t support PayPal
- No leverage
Conclusion
BTCTurk Pro, a Turkish crypto exchange, offers good trading conditions, low fees, and high security. It’s been working since 2013, which is a long time in the crypto world. Customers have given positive feedback about its reliable service, although we haven’t received complaints in English. BTCTurk is one of the best options available in the crypto industry, do your complete research and consider it to safely trade your cryptocurrencies.
