Review on BtcTurk | Pro by David Olayide
The First Turkish Crypto Exchange Ever, BtcTurk Pro
BtcTurk Pro is a centralized cryptocurrency exchange based and founded in Turkey. Clearly emblazoned across the home page of their exchange website is the claim that the exchange is the first one ever in Turkey as a whole. More interestingly, they boldly identify as the fourth exchange platform globally. The exchange reportedly serves customers globally from seven continents. This exchange was launched back in 2013. Personally I like the exchange's website design that draws the attention of anyone who goes there.
Apparently some crypto reviews of the BtcTurk Pro exchange platform that I came across seem to agree with the statistics and information I found on the exchange. Deposits in crypto and wire transfers are allowed on the exchange. Although I have not yet registered on the exchange they promise on their website that both registration and verification will not take too much time. From what I have already seen the Turkish Lira which is the native currency of the region, is in trading pairs with BTC/TRY, ETH/TRY, and XRP/TRY. The exchange supports a few cryptos like BTC, ETH, LTC, Stellar, and some others.
To make sure that investor's funds are safe and secure, most of the crypto assets about 97% are stored offline in a cold storage wallet to reduce the risk of fraudulent hacks and minimize the loss should it happen. To further protect their platform, all personal data is encrypted and hidden under multiple layer security. Two- factor authentication and other tactics such as the use of pin codes are further used to increase the security levels. I like the steps they have taken to secure the funds of investors and I am satisfied. I consider the fees charged by the exchange as a little below average.
I discovered that they have provided a mobile application that can be downloaded into both android and iOS mobile phones from the play store and app store respectively. This effectively allows you to trade on the go and you do not have to carry a computer around with you. Sadly though one thing I don’t like is that there is not much language option available. If they could add more languages it will be good.
Pros
- Nice design and friendly interface
- A lot of security protocols are inducted
- Fast registration and verification of account as promised by BtcTurk Pro
- Mobile app available for both iOS and Android mobile phones to enable easy access to trading on the go
- Wire transfer is accepted
Cons
- The number of crypto assets that is listed is few .
- The language support is weak and provides only two options of English and Turkish
