Maybe you should give an insider's perspective to understand the state of cryptocurrencies within Turkey. I know that there is some form of disambiguity regarding crypto in Turkey, but has the scene improved? Can people start using Bitcoins commercially? How is the sale of a good or service in crypto taxed? If at all.
All these info would help me or any of your prospective client understand whether they should focus on Turkey and especially how much you and your team is aware of the ground reality in that country when it comes to cryptos.
Hi. Firstly, thanks for your interest and good questions.
- There is no disambiguity regarding or there is no ban for any crypto service or exchange in Turkey.
- People can use all cryptocurrencies commercially. All you need to bill your payment.
- We have already work with some companies worldwide. You can check our refferences from this page:
https://www.kriptodanisman.com/en/hizmetler/ - We have 36 crypto exchanges in Turkey for now.
- 3 of them are popular:
1) Paribu - CMC RANK #79
2) BTCTurk - CMC RANK #89
3) Koineks - CMC RANK #125
According to a recent survey (Statista), the country with the HIGHEST percentage of cryptocurrency users in the world is Turkey, followed by Latin America:
https://cryptonomist.ch/en/2019/06/19/cryptocurrency-users-turkey-latin-america/According to Data Light, this is the traffics of crypto exchanges:
Thank you for your answer, interesting information. I have a few questions too, if it's fine by you:
- Like Darkdays, I'm interested in the tax stuff too. Does the Turkey government tax crypo income? You know, if you make any money trading cryptocurrencies (say, in binance) do you have to report the income? And does the government have any rules about crypto income and the percentage of tax?
- If someone wants to exchange cryptocurrency to national currency (Turkish TL) would it be easy for him? Are there enough exchanges? What if he wants to exchange crypto to other currencies like USD or paypal in Turkey? Is it easy?