BtcTurk Pays 965 Million TL Tax for 1.7 Trillion Transaction Volume

Founded in 2013, Istanbul-based crypto currency trading platform BtcTurk paid a total of 965 million Turkish liras in taxes throughout 2021.

BtcTurk, founded by Kerem Tibuk and headed by Özgür Güneri, has a total of 1 trillion 700 billion Turkish lira mediated the exchange of crypto assets. The company, which received a commission from each transaction, paid 965 million liras in tax on these.

BtcTurk, which can be traded with a total of 48 different crypto assets against the Turkish lira, has a daily transaction volume exceeding 378 million dollars according to the data at the time of writing. According to the data announced by BtcTurk CEO Güneri on Monday, the average daily trading volume of the stock market in 2021 4 billion 700 million Turkish lira it was around.

Stating that approximately 1 million trading orders are announced on the stock market daily, Güneri said that in 2021, approximately They saw a 10-fold increase told. The growth in the trading volume of the platform, the stock market from the beginning to the end of the year. from 1 million 500 thousand to about 4 million 500 thousand accompanied by an outgoing user base.

BtcTurk users in total on the platform throughout 2021 more than 35 million made a transaction and the total value of deposits/withdrawals made on the exchange is approx. 280 billion liras it happened.

“We will continue to contribute to our country’s economy and sector with our investments in 2022 as well.” said Güneri, regarding the legal regulations expected to be brought to the crypto money sector in Turkey, It is our duty to create an ecosystem that is liberal, paves the way for the sector and protects the rights of all stakeholders in this sector, which will create an economy of tens of trillions of dollars in the coming years, and to make Turkey one of the important actors in this rapidly growing global new formation. I believe that the regulation that will be formed in Turkey in the coming period will take Turkey further in this field.” said.

source site-9