Buying and selling Bitcoin in Istanbul is very easy because there are many online and physical exchanges in Turkey. But if you don’t have the right information to guide you, volatility and security issues surrounding this digital currency can pose a big challenge.
Bitcoin, commonly abbreviated as BTC, is one of the biggest cryptos in the world; hence, it is very popular in Istanbul. If you wish to buy your first investment in BTC, add to your savings, or sell your investment, then you should know some of the most secure options available.
That said, this article will mention options that are recommended by crypto experts so that you are aware. Keep reading.
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Trusted Physical Exchanges to Buy and Sell Bitcoin in Istanbul
Most newbies think that you can only trade crypto on the web. But innovation in Turkey and other crypto hubs around the world has led to other options such as physical crypto booths, ATMs, and offices. All these options require your physical presence to buy and sell Bitcoin in Istanbul. Here are the options.
- Physical offices – This option is interesting because it involves a physical office where crypto investors walk in and receives assistance from a concierge with buying or selling Bitcoin in Istanbul. On top of just transacting, these experts can help you to make other rewarding crypto investment decisions. You can also locate a physical crypto exchange office through the help of a website.
- Bitcoin ATMs – Regardless of where you come from, you might have heard, seen, or used a BTC ATM. It is a booth with an automated machine that helps you to buy or sell Bitcoin and other cryptocurrencies. If you check the web, you can easily locate a secure and reliable BTC ATM to buy or sell Bitcoin in Istanbul.
- Banks – Many banks in Istanbul and other cities in Turkey have decided to diversify their products through the inclusion of crypto transactions. Therefore, you can often securely buy and sell Bitcoin in Istanbul at your bank or any other bank of your choice.
Trusted Online Exchanges to Buy and Sell Bitcoin in Istanbul
A convenient way to buy or sell Bitcoin in Istanbul is through an online crypto exchange. They are accessible through apps or web pages. The reason why online crypto exchanges are secure is that they use bank-grade encryption and other security features. Many of them are also instant, which minimizes the chances of being hacked. Here are your options.
- CEX platforms – These popular crypto exchanges operate through a central entity that provides exchange services. Reputable CEX platforms put security first to ensure no one loses their investment when buying or selling crypto. So, if you are looking for a reliable way to buy and sell Bitcoin in Istanbul, then this is a great option.
- DEX platforms – Turkey has many DEX platforms that operate on a peer-to-peer concept. Reputable ones also promote secure transactions that can either be completed on the platform or outside as agreed between the buyer and the seller.
Trusted Physical Exchanges
Most newbies think that you can only trade crypto on the web. But innovation in Turkey and other crypto hubs in the world has led to other options such as physical crypto booths, ATMs, and offices. All these options require your physical presence to buy and sell Bitcoin in Istanbul. Here are the options:
- Bitcoin ATM – Regardless of where you come from, you might have heard, seen, or used a BTC ATM. It is a booth with an automated machine that helps you to buy or sell Bitcoin and other cryptocurrencies. If you check the web, you can easily locate a secure and reliable BTC ATM to buy or sell Bitcoin in Istanbul.
- Physical offices – This option is a bit interesting because it involves a physical office where crypto investors walk in and get assisted to buy or sell Bitcoin in Istanbul by a concierge through a sitting. On top of just transacting, these experts can help you to make other rewarding crypto investment decisions. You can also locate a physical crypto exchange office through the help of a website.
- Banks – Many banks in Istanbul and other cities in Turkey have decided to diversify their products through the inclusion of crypto transactions. Therefore, you can securely buy and sell Bitcoin in Istanbul in your bank or any other bank of your choice.
Conclusion
Buying or selling Bitcoin in Istanbul is very easy now that you have read about secure options to take advantage of. It is essential that you follow this carefully to ensure that you don’t lose your investments to hackers, fraudsters, or raw deals. All the best.
Alex is fascinated with “understanding” people. It’s actually what drives everything he does. He believes in a thoughtful exploration of how you shape your thoughts, experience of the world.