Hedge Fund Turkcorp To Launch Crypto Exchange Turkex In Turkey
In addition to offering crypto trading, the new
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.
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