News
Crypto Trading in Turkey Nears $200 Billion
Turks are increasingly turning to crypto investments as millions of people enter the digital asset market. With Turkey’s annual crypto trading volume approaching $200 billion, the country has become one of the most active markets for digital assets. But how large is Turkey’s crypto investment market and which cryptocurrencies do Turkish investors prefer the most?
Crypto investment in Turkey continues to grow rapidly as millions of people turn to digital assets. Bitcoin and Ethereum remain the most popular choices among Turkish investors, while the country’s annual crypto trading volume has approached $200 billion.
How many people invest in crypto in Turkey?
Turkey has emerged as one of the most active crypto markets in the world in terms of adoption.
According to recent research, about 52% of individuals aged 18–60 in Turkey have invested in cryptocurrency at least once. This high adoption rate places Turkey among the leading countries globally in crypto usage.
More conservative estimates suggest that around 25% of the country’s population has owned or currently owns cryptocurrency, representing tens of millions of investors and making Turkey one of the largest retail crypto markets in Europe.
Which cryptocurrencies are most popular in Turkey?
The preferences of Turkish crypto investors largely mirror global trends, with major cryptocurrencies dominating portfolios.
The most widely held digital assets in Turkey include:
- Bitcoin (BTC) – held by more than 70% of investors
- Ethereum (ETH) – owned by roughly 40–45% of investors
- Tether (USDT) and other stablecoins – used by about one-third of investors
Stablecoins are particularly popular in Turkey because they are pegged to the U.S. dollar, making them a common tool for preserving value amid currency volatility.
Turkey’s crypto trading volume nears $200 billion
Turkey’s crypto market has expanded significantly in recent years, not only in terms of investor numbers but also trading activity.
According to blockchain analytics reports, annual cryptocurrency trading volume in Turkey has approached $200 billion, positioning the country as one of the largest crypto markets in Europe and the Middle East.
Why are Turkish investors turning to crypto?
Research suggests several key motivations behind the rise of crypto investment in Turkey:
- Wealth accumulation and long-term investment
- Protection against inflation
- Expectations of high returns
- Seeking alternatives to traditional financial assets
Analysts note that younger and tech-savvy investors are particularly active in the crypto market.
Source: KuCoin report, coinmarketcap
Related Posts
AI in Logistics: Turkish AI Startup Raises $3.2 Million
Yeşim Çevik | trbusiness.de Germany Representative Founded in 2025, Munich-based startup 5U AI has raised more than €2.7 million ($3.2...
Why Does the Best Offer No Longer Win?
Onur Kurtay | Founder of Nexon Global Strategy Office For years, there was a fixed equation in the minds of...
Global Expansion: Timing Decides Everything
Yeşim Çevik | trbusiness.de Germany Representative Why international expansion requires more strategy than courage “We are entering the US market...
Türkiye Higher Education Employment Indicators 2025: Medicine and Aviation Lead Job Market Success
New official employment data reveals Türkiye’s top-paying university degrees, fastest-hiring career sectors, and graduate job market trends for 2025.
“Technological Transformation is No Longer Measured in Years, but in Months”
Celalettin Kayahan, Board Member of TSMC Holding, speaks to trbusiness.de about his journey from the textile industry to high-tech ventures,...
You Don’t Export to Germany; You Build Systems There
Onur Kurtay | Founder of Nexon Global Strategy Office Germany is the country to which Turkey exports the most. This...
Türkiye’s Franchise Market Opens Its Doors to Institutional Capital
Türkiye’s franchise market is entering a new investment era as Be My Franchise 2026 launches its Private Investor Club, bringing...
Could Business Model Export Become the Competitive Advantage of the Future? | Analysis
Franchising has evolved beyond the traditional dealership model, emerging as a strategic investment economy that enables brands to scale. But...
The Franchise Economy: From Opening Stores to Building Wealth and Enterprise Value
Özhan Erem | Chairman of the Board, Medyafors Franchising is no longer just a business model for opening another store....
The AI Effect: How is it Shaping Germany’s New Startup Geography?
Yeşim Çevik | trbusiness.de Germany Representative When speaking with international founders and investors, I often still encounter an outdated narrative:...