Turkish Lira becomes top crypto trading pair on Binance in Sept 2023 By Cointelegraph

The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research.

Turkish Lira accounted for 75% of all fiat volume in early September despite being the fourth-largest crypto market globally in terms of transaction volume after the United States, India and the United Kingdom, respectively.

Time in market for Binance users in Turkey. Source: Binance
Turkey’ s motivations for investing in crypto. Source: Binance