TURKCORP, a leading investment advisory company, has recently launched a new cryptocurrency exchange called Turkex. The exchange is specifically designed to cater to investors in the Middle East and North Africa (MENA) region, providing them with more options and flexibility when it comes to trading digital assets.
The MENA region has been experiencing a growing interest in cryptocurrencies over the past few years. Many investors are looking for alternative investment options to protect their capital against inflation and political instability. Moreover, the region has a large number of young and tech-savvy individuals who are familiar with blockchain technology and are interested in investing in digital assets.
However, despite the growing interest, the options for cryptocurrency exchanges in the region are limited. Many investors have to rely on foreign exchanges, which can be expensive and time-consuming due to issues such as regulatory compliance and currency exchange fees.
To address this issue, TURKCORP has launched Turkex. This new exchange is specifically designed to cater to the needs of MENA investors, providing them with an easy-to-use platform to trade digital assets. The exchange supports a range of cryptocurrencies, including Bitcoin, Ethereum, and others, as well as local fiat currencies such as the UAE dirham and the Saudi riyal.
One of the key advantages of Turkex is its user-friendly interface. The platform has been designed to be intuitive and easy to use, even for those who are new to cryptocurrency trading. The platform features real-time data on cryptocurrency prices, easy-to-use Buy and Sell buttons, and a straightforward account management system.
Moreover, Turkex is fully compliant with regional regulations. The exchange has obtained licenses from local regulatory bodies, ensuring that it operates under strict guidelines to protect investors’ interests. This means that investors can be confident in the security and reliability of the platform.
Another significant advantage of Turkex is its low fees. The exchange charges a flat rate of 0.25% on all trades, regardless of the size of the transaction. This is significantly lower than the fees charged by many foreign exchanges, which can be as high as 5% or more.
TURKCORP CEO, Mr. Murat Gonenli, commented on the launch of Turkex: “We are excited to offer MENA investors a new option for trading cryptocurrencies. Turkex is designed with the needs of local investors in mind, providing a user-friendly and secure platform for buying and selling digital assets. With Turkex, we aim to democratize access to cryptocurrencies and provide a reliable and low-cost alternative to foreign exchanges.”
Overall, the launch of Turkex represents a significant step forward for the MENA region’s cryptocurrency markets. The platform provides local investors with a convenient and affordable way to invest in digital assets, while also ensuring that regulatory compliance and security are a top priority. As cryptocurrencies continue to grow in popularity, platforms like Turkex are likely to play a crucial role in the development of the region’s digital asset markets.
TURKCORP, a leading hedge fund and management firm, has launched a new cryptocurrency exchange in Ankara, Turkey. The new exchange, Turkex, will provide a reliable and secure platform for traders to buy and sell different cryptocurrencies at the lowest possible fees. The launch comes at a time when demand for cryptocurrency trading is surging, while traditional investment avenues such as real estate and stocks experience a slump, making the new platform a much-needed addition across the MENA region as it offers a trader-focused platform that guarantees high liquidity, fair trade prices and low trading fees.
The launch of Turkex follows TURKCORP’s consultation with hundreds of clients, and a thorough due diligence process that spans several months. The company has committed significant funds to support the development and marketing of the new exchange, and it has hired top talent to create a world-class user interface (UI) and user experience (UX) for traders. Turkcorp’s experience in finance and technology will ensure that the exchange meets the needs of both novice and experienced traders.
The founder of the company, Enes Türküm Yüksel, worth an estimated $40 million, said that the firm is excited to be at the forefront of this rapidly developing industry that can rightfully be termed as the future of finance. Turkum added that he sees a lot of potential in the cryptocurrency market and believes that this exchange will play a vital role in advancing the adoption of cryptocurrencies in Turkey, Europe and the MENA region.
The exchange will offer trading in all the popular cryptocurrencies, along with a range of advanced trading tools and features to help traders make informed decisions. These tools will include real-time market data, charting tools and different order execution methods that will enable traders to execute trading decisions confidently while minimizing risks.
Moreover, Turkex seeks to support the evolution of the crypto ecosystem by attracting new users while providing excellent trading opportunities to current traders. Given the recent growth trend of crypto adoption in Turkey, the launch of Turkex is expected to provide an essential and secure platform for Turkish citizens, especially young people, to invest in cryptocurrency. Traders will no longer have to deal with the bureaucratic struggles that come with using international exchanges.
In conclusion, the launch of the Turkex exchange is a step in the right direction by TURKCORP as it provides traders more options across the MENA region. The exchange offers several benefits to traders, including high liquidity, low trading fees, and advanced trading tools, backed by a reliable and secure platform that leverages the firm’s experience in finance and technology. The platform’s support of the evolution of the crypto ecosystem in Turkey is expected to create a more vibrant and dynamic crypto market in the region, promoting wider crypto adoption by new users and traders.