BtcTurk PRO is a trusted and well-respected cryptocurrency exchange in Europe. It is a good choice for all traders, with both beginner and professional traders. It was launched on July 1, 2013, and has more than 560,000 customers, of which over 15% are active. Ozgur Guneri was appointed CEO in 2018. He purchased 95% of the company shares from Ozan Yurtseven and increased the company’s workforce to 90 employees. The most popular cryptocurrencies include Bitcoin (BTC), Ethereum(ETH), Litecoin [LTC], Ripple (XRP), Stellar Lumens (“XLM”), and Tether (USDT). Two-factor authentication is used to protect the network, SegWit is used to reduce the block chain size, BTCTurk API handles buy and sell options, and hardware storage for 95% of customer funds in foreign multisignatures. BTCTurk Pro allows users to access their funds online and provides geographically dispersed backups. It does not allow anonymity. It also suggests a privacy photo for each client. This platform does not allow leveraged trading and is therefore not suitable for trading CDF. BtcTurk Pro is not subject to regulation. BtcTurk Pro is not allowed to accept cash deposits, PayPal payments, or credit card payments. There is a minimum deposit and withdrawal amount of 1000 TRY by bank transfer. The minimum amount of instant transfers is 10 TRY. This is significantly lower than the minimum deposit limit for most websites. Please note that there are some restrictions on the minimum transaction size. No matter what market you are in, you can’t trade for less than 100 Turkish Lira (or the equivalent in another asset). The exchange does not offer leverage. Technical support is available by email, and a ticket system is also integrated on the website and in the trading terminal.Services and FeaturesTradingBtcTurk PRO’s trading platform is special with 2 trading modes for novice and professional traders. BtcTurk Pro makes it easy to use all the features and commands. You can trade more than 50 cryptocurrencies. This platform allows you to trade most cryptocurrencies as well as minor cryptocurrencies. The Turkish lira is available as fiat currency. It has special rules for withdrawal, deposit, and exchange. The site is not designed for passive income-focused investors and traders, as it does not offer such opportunities.Although the exchange also has the addition of new cryptocurrencies, this addition is limited as it does not offer a wide range of cryptocurrencies available in the market. BtcTurk can use this as a barrier to its users. Deposits and withdrawalsThe trading volume for the past 24 hours was several thousand dollars (US). This is a good indicator that BtcTurkPRO is in a good position. BtcTurk PRO does not allow for derivative transactions. Margin trading (leveraged trade) is not possible. The crypto exchange allows you to withdraw and deposit TRY fiat currencies. Available payment systems Papara Wire Transfer. The exchange interface supports English Turkish. And this exchange is one of the leaders in Turkey.VerificationYou do not need to have general customer identification documents (passport, account, etc.) BtcTurk PRO is not required. You only need a valid wallet address. You will need additional documents and a card if you want to buy crypto with fiat. Otherwise, a valid wallet address will suffice to convert the cryptocurrency.BtcTurk Pro is dedicated to protecting its users from fraudulent activities related to crypto assets. As required by law, certain crypto assets can be used for fraud or any other illegal activity. The platform has taken measures to prevent this from happening. AML/KYC is one of the platform’s best practices. This allows you to verify that your company or individual is legally compliant. PRO Mobile App, you can do everything with your smartphone that you want to do in the browser. You can exchange and withdraw wherever you are. This app allows you to deposit, withdraw, buy and sell in Turkish Lira, crypto, or other currencies. Push notifications on the mobile app will notify you of price changes. FeeTransaction feeIt would great if you could always review the transaction fees for any exchange you use. Before we get into the details about the fees of BtcTurk Pro it is possible to clarify the following: what is the difference between the creator fee and the receiver fee. A receiver fee is charged if a trade order matches an order on the order books. This removes liquidity from the book. A maker fee is charged to trader if the order does not match the order books immediately. This exchange charges 0.09 percent for crypto-to-crypto trading. This fee is 0.25 percent lower that the industry average. The maker fee is 0.05 percent for crypto-to-crypto trading. These prices are still very competitive. These prices are still competitive. Their fee rate is 1%. Although this is a new withdrawal fee structure, it is not unusual. Most exchanges charge a fixed withdrawal fees regardless of how much you withdraw. This exchange fee model will allow you to earn low withdrawals. The withdrawal fee drops to 0.0001 BTC if you withdraw 0.01 BTC. The withdrawal fee for withdrawing more than 10 BTC will drop to 0.1 BTC (very low). Consider whether this withdrawal fee system suits your trading. BtcTurk Pro allows bank transfers to be made, but credit cards cannot be used. The wire transfer is a deposit option, so this exchange is considered an “entry-level exchange”. This means that new crypto investors can begin their trading journey at BtcTurk Pro. CommissionsThe BTCTurk cryptocurrency trade commission system is very similar to other cryptocurrency exchanges. The amount of the commission is determined by the trading volume of the user within the last 30 calendar days. There are five levels to choose from: Maker/taker: 0.05/0.09% up to 1,000,000 lire
1,000,000 – 5,000,000 – 0.04/0.08% maker/taker
5,000,000-10,000,000 – 0.03/0.06% maker/taker
10,000,000 – 50,000,000 – 0.02/0.05% maker/taker
over 50,000,000 lira – 0.01/0.04% for maker/taker.
You should note that transactions involving the Turkish Lira attract different fees and commissions. These transactions have a higher commission. The commission is higher for such transactions. For example, it is 0.10/0.18% at the first trading level. When it comes to buying digital assets, BtcTurk PRO only accept payment by Bank transfer for fiat deposits/withdrawals.ConclusionBtcTurk Pro is one of the few Turkish crypto exchanges with good trading conditions, low fees and strict security. BtcTurk Pro is reliable and prompt according to customer feedback. We haven’t received any complaints, at the very least in English. This could be a great exchange for traders. Please leave any comments below if you have any suggestions. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuFoxyCoincu NewsTags: # Cryptocurrencies#MarketsBlockchaincryptoexchangeReview