Semih Aykut
Jan 26, 2022

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One good thing about Turkey's crypto transactions is that they are made by a huge amount of people.

We don't have a high purchasing power due to high exchange rates but everybody has little amounts in Crypto which makes a great total.

I didn't know about the part of the tether transactions in this. Maybe some try to arbitrage in USDT while the rate is volatile. But it's almost everytime higher than the central bank's rate. Maybe some use it because in the weekends or in the after hours the traditional banks are closed (or applying high fees).

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Semih Aykut
Semih Aykut

Written by Semih Aykut

Numbrle @iOS & @Android. 2222: Swipe to Match @iOS & @Android. Computer Science BSc. I like electric guitars, swimming and cats. https://x.com/sem1h_

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