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

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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