Turkish Investors Drive Crypto Volumes

Turkish Crypto Investors Fuel Market Liquidity

Turkish crypto investors remain highly active in global markets, with local exchange volumes surpassing 9 billion TL during holidays. This reflects strong liquidity for TRY pairs worldwide.

Top Altcoins Traded by Turkish Investors

Local exchanges provide insights into the altcoins with the highest trading volumes among Turkish investors, using 21milyon.com. This platform aggregates data from local exchanges, showing which altcoins are popular and where the highest liquidity is available.

Key Cryptocurrencies for Turkish Investors

• Bitcoin and Tether (USDT): Maintain top positions in trading volumes.
• Tether's: Volume exceeds 1 billion TL due to Lira fluctuations and has higher volatility against TRY than Bitcoin.
• Ethereum and PEPE Coin: See significant trading activity.
• ROSE INU Token: A lesser-known altcoin globally, has gained popularity likely driven by local influencer promotion.

Insights for Traders

These insights allow traders to optimize their strategies by:

• Identifying popular altcoins
• Minimizing price deviations by selecting exchanges with the highest liquidity
• Understanding market trends and making strategic decisions

Turkish crypto investors play a crucial role in global cryptocurrency markets, contributing to liquidity and actively trading various cryptocurrencies. By leveraging platforms like 21milyon.com, traders can stay informed and make informed trading decisions.