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cryptocurrencies-market-in-turkey

Crypto Usage in Turkey | Cryptocurrencies Market in Turkey

A recent SURVEY performed in Turkey shows, how THE ATTITUDE towards CRYPTO has changed in the past year.

cryptocurrencies-market-in-turkey

Turkey’s crypto userbase has grown more than 11 times over the last year, a new survey from Turkish crypto exchange Paribu shows.

The “Cryptocurrency Awareness and Perception Survey 2021” was conducted by Akademetre Research, revealing the perceptions and behaviors of Turkish citizens toward Bitcoin (BTC) and other cryptocurrencies. The first survey was completed in 2020.
cryptocurrencies-market-in-turkey
A significant discovery of last year’s research was that only 0.7% of over 6,000 respondents traded crypto in some form. On top of that, 84% of respondents had never heard of Bitcoin or other cryptocurrencies market in turkey before. These results have contrasted with previous reports that claimed one-fifth of the Turkish population was exposed to cryptocurrency.

This year, however, shows a substantial jump in terms of cryptocurrency usage in Turkey. Out of about 1,400 respondents, 7.7% said they traded with Bitcoin or other cryptocurrencies, marking a jump of 11 times in crypto users compared to last year.

According to the survey, 11% of respondents with crypto knowledge have become active cryptocurrency users. As a major cryptocurrencies market in turkey exchange in the country, Paribu reflects the adoption speed with its user count, which grew from 600,000 to over 4 million within a year.

cryptocurrencies-market-in-turkey

Briefly, Crypto Market in Turkey or Crypto Usage Market in Turkey has made a significant jump in a year. This indicator shows that this market will have great potential in the nearest future. So, It’s high time to study this market, to invest in this sector, it’s really a fresh and promising market globally.

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