Binance TR is a centralized cryptocurrency exchange ranked #211 on BitDegree's exchange tracker. The platform recently recorded a 24-hour trading volume of $247,277,276** and a 7-day volume of **$302,457,461,559.
As the Turkish-focused iteration of Binance, this KYC-compliant exchange offers:
- Spot market trading
- Cryptocurrency deposits/withdrawals
- Direct crypto purchases
Available on both desktop and mobile devices, Binance TR serves as a regulated gateway for Turkey's crypto market.
Trading Markets Overview
Binance TR mirrors core functionalities of its global counterpart while adapting to local financial regulations. Key features include:
- Matching engine-powered trades
- Fee discounts via BNB token holdings
- Referral program benefits
Supported Trading Markets:
- Crypto/Turkish Lira (TRY) โ Sole fiat option
- Crypto/Tether (USDT)
- Crypto/USD Coin (USDC)
๐ Discover how TRY pairs compare to global markets
Note: Derivatives trading isn't available, and the platform offers fewer trading pairs than Binance.US due to regulatory constraints.
Fee Structure Breakdown
TRY-Crypto Pairs (Tiered System)
| Tier | 30-Day Volume (TRY) | Maker Fee | Taker Fee |
|---|---|---|---|
| Copper | โค1M | 0.1% | 0.1% |
| Silver | 1Mโ5M | 0.09% | 0.1% |
| Gold | 5Mโ10M | 0.08% | 0.1% |
| Platinum | 10Mโ20M | 0.04% | 0.1% |
| Diamond | โฅ20M | 0.02% | 0.1% |
With BNB/referral discounts, rates drop to 0.0675%
Crypto-Crypto Pairs (VIP System)
| VIP Level | BTC Volume (30-Day) | Maker Fee | Taker Fee |
|---|---|---|---|
| 0 | โค50 | 0.1% | 0.1% |
| 4 | โฅ4,500 | 0.07% | 0.09% |
| 9 | โฅ150,000 | 0.02% | 0.04% |
Deposit/Withdrawal Notes:
- TRY transfers: Free
- Cross-platform withdrawals (Binance.com โ Binance TR): Free
- Crypto withdrawals: Asset-specific fees (variable)
Company Background
Founded in 2020 by Binance Global (established 2017 by CZ Zhao and Yi He), Binance TR operates under BN Teknoloji A.S. in Istanbul. As Binance's sixth localized platform, it capitalizes on Turkey's high crypto adoption rate (16% of citizens engaged with digital assets as of 2019).
Key Milestones:
- 2022: Launched 24/7 Turkish customer support
- 2023: Issued warnings against fraudulent advertisements misusing the Binance TR brand
FAQs
Q: Can international users access Binance TR?
A: Primarily designed for Turkish residents, though crypto-crypto trading may be available globally.
Q: What payment methods does Binance TR accept?
A: Only Turkish Lira (TRY) deposits via bank transfer.
Q: How does Binance TR differ from Binance.com?
A: Fewer trading pairs, TRY-focused markets, and stricter compliance with Turkish regulations.
Q: Are BNB fee discounts automatic?
A: Yes, when holding BNB in your exchange wallet.