The global cryptocurrency exchange OKX has officially launched its localized operations in Turkey under the new brand OKX TR, marking a strategic expansion into one of the fastest-growing digital asset markets in the region. Announced during a press event, this move solidifies OKX’s commitment to delivering tailored, compliant, and user-centric crypto services to Turkish users. The launch follows OKX’s initial announcement on May 8, 2023, about its intention to operate in Turkey, and now includes enhanced local banking integrations, 24/7 multilingual support, and access to the powerful OKX Web3 Wallet.
With this rollout, OKX aims to bridge the gap between traditional finance and decentralized ecosystems by offering seamless fiat-to-crypto onboarding, robust security features, and full user control over digital assets—positioning itself as a leader in Turkey’s evolving fintech landscape.
Enhanced Local Services Through OKX TR
OKX TR is designed with Turkish users in mind, offering localized features that simplify access to the world of cryptocurrencies. One of the most significant advantages is direct Turkish Lira (TRY) deposit and withdrawal support through major national banks, including:
- Fibabanka
- VakıfBank
- Ziraat Bankası
- İş Bankası
- Şekerbank
- Türkiye Finans
This integration eliminates friction for users looking to enter or exit crypto positions using local currency, reducing reliance on third-party payment processors and improving transaction speed and transparency.
Users can trade popular crypto pairs such as USDT/TRY, BTC/TRY, and ETH/TRY, ensuring high liquidity and competitive pricing. These pairs are essential for local traders who want to hedge against inflation or diversify their portfolios using stablecoins and leading cryptocurrencies.
👉 Discover how easy it is to start trading crypto with Turkish Lira today.
24/7 Customer Support in Turkish and English
Customer experience is at the heart of OKX TR’s strategy. The platform offers round-the-clock customer service in both Turkish and English, ensuring users receive timely assistance regardless of time zone or language preference. This level of support is particularly valuable in a market where trust and accessibility are critical for mainstream crypto adoption.
The support team handles everything from account verification and transaction issues to guidance on using advanced tools like the Web3 Wallet and decentralized applications (dApps), making the platform accessible even to newcomers.
Empowering Users with the OKX Web3 Wallet
Beyond centralized trading, OKX TR introduces Turkish users to the decentralized web through the OKX Web3 Wallet—a non-custodial wallet that gives users full control over their private keys and digital assets.
This means users are not entrusting their funds to a third party; instead, they maintain complete ownership at all times. The wallet supports a wide range of functionalities, including:
- Buying, selling, and storing NFTs
- Interacting with decentralized applications (dApps)
- Participating in DeFi protocols such as staking, lending, and yield farming
- Managing multiple blockchain assets from a single interface
What sets the OKX Web3 Wallet apart are its cutting-edge technologies:
- Multi-Party Computation (MPC): Enhances security by splitting private keys across multiple devices or locations, reducing the risk of theft or loss.
- Account Abstraction (AA): Simplifies user experience by enabling features like social recovery, gasless transactions, and batch operations—bringing Web3 closer to mainstream usability.
These innovations make self-custody safer and more intuitive, encouraging broader adoption among non-technical users.
👉 Take control of your digital assets with a secure, non-custodial Web3 wallet.
Leadership Vision: Compliance, Innovation, and Community Focus
During the launch event, Hong Fang, Global President of OKX, emphasized the company’s strategic focus on Turkey. He highlighted that OKX brings principles of accountability, transparency, innovation, and accessibility to every market it enters—and Turkey is no exception.
Fang noted that OKX operates with close alignment to local regulations in key markets like Dubai and Brazil, and the same approach will be applied in Turkey. This regulatory-conscious model ensures long-term sustainability while fostering trust among users and institutions alike.
He also stressed that OKX aims to work hand-in-hand with local partners and communities, understanding regional needs and adapting its services accordingly. This community-first philosophy is central to building lasting value in emerging crypto economies.
Local Leadership and Strategic Goals
Leading the charge in Turkey is Mehmet Çamır, Chairman of the Board at OKX TR. In his remarks, Çamır outlined the company’s ambitious vision for the Turkish market.
He pointed out that Turkey already has a highly developed fintech infrastructure, with widespread digital banking adoption and growing public interest in alternative financial tools. Against this backdrop, OKX TR aims to deliver an unmatched deposit and withdrawal experience, making crypto transactions as seamless as traditional banking.
“We want to become the most trusted and preferred platform for Turkish users,” Çamır stated confidently. “Our goal is to be among the first companies to obtain a license once formal crypto regulations are implemented in Turkey.”
To achieve this, OKX TR has structured its operations following international compliance standards—similar to those required of global financial institutions. The company operates under the guidance of dedicated legal and regulatory teams, ensuring alignment with both local laws and global best practices.
Furthermore, Çamır highlighted that OKX TR will offer what he described as “unmatched commission rates”—a competitive edge designed to attract both retail traders and active investors without compromising service quality.
Frequently Asked Questions (FAQ)
Q: What is OKX TR?
A: OKX TR is the localized brand of the global cryptocurrency exchange OKX, specifically tailored for users in Turkey. It offers TRY deposits/withdrawals, Turkish-language support, and compliance with local market requirements.
Q: Can I use Turkish Lira on OKX TR?
A: Yes. Users can deposit and withdraw Turkish Lira directly through major Turkish banks including Ziraat Bankası, İş Bankası, VakıfBank, and others.
Q: Is the OKX Web3 Wallet safe to use?
A: Yes. The wallet uses advanced security technologies like Multi-Party Computation (MPC) and Account Abstraction (AA) to protect user assets while maintaining full user control—no third party holds your keys.
Q: Does OKX TR offer customer support in Turkish?
A: Yes. OKX TR provides 24/7 customer support in both Turkish and English via live chat, email, and help center resources.
Q: Will OKX TR get an official license in Turkey?
A: While formal crypto regulations are still evolving in Turkey, OKX TR aims to be among the first platforms to obtain licensing once regulatory frameworks are established.
Q: How do I start using OKX Web3 Wallet?
A: You can download the OKX app or visit the website to create a non-custodial Web3 Wallet instantly—no KYC required for basic functions like connecting dApps or managing NFTs.
👉 Join millions of users worldwide and start your crypto journey securely today.
With its combination of local relevance, cutting-edge technology, and global expertise, OKX TR is poised to become a leading force in Turkey’s digital asset ecosystem. Whether you're a beginner exploring crypto for the first time or an experienced trader seeking advanced tools, OKX delivers a comprehensive, secure, and accessible platform for all.