News

Hedge Fund Turkcorp To Launch Crypto Exchange Turkex In Turkey

Key Points:

  • Turkcorp, a major hedge fund and management company, has announced the opening of a new cryptocurrency exchange in Ankara, Turkey.
  • Turkex, the new exchange, will provide a dependable and secure platform for buying and selling a range of cryptocurrencies at the lowest feasible costs.
  • The exchange is slated to be live in the coming weeks, and early adopters may signal their interest by registering early.
Hedge fund Turkcorp announced that it would launch a new cryptocurrency exchange Turkex in Ankara, Turkey.
Hedge Fund Turkcorp To Launch Crypto Exchange Turkex In Turkey 2

In addition to offering crypto trading, the new exchange also supports real-time market data, charting tools, and multiple order execution methods. The crypto exchange will launch in the next few weeks, and early adopters can sign up early.

Turkex’s debut comes as demand for cryptocurrency trading in the area grows and conventional investment channels such as equities and real estate undergo a decline.

Türküm’s founder, who is thought to be worth $40 million, stated:

“Turkcorp is excited to be at the forefront of this rapidly evolving industry that can rightfully be termed as the future of finance. We have been consulting with clients for a while now and, after conducting our due diligence, have designed the exchange to meet the needs of both novice and experienced traders. We believe this will provide a much-needed platform for secure cryptocurrency trading in Turkey, Europe, and the MENA region.”

Turkcorp’s expertise in finance and technology will be used to provide a trader-focused platform that helps them by providing strong liquidity, fair trade pricing, and minimal trading costs.

The corporation has already committed considerable amounts to the new exchange’s development and marketing. To build a world-class trading experience, they have employed elite professionals that understand UI and UX.

Turkey is also one of the nations that want to boost its economy using anti-inflationary methods such as cryptocurrency. According to GWI Research, Turkey saw the biggest rise in crypto ownership, with 27.1% from July-September 2021 to July-September 2022.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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