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The year 2024 has been marked in the history of the cryptocurrency market as a time of breakthrough events. The introduction of spot ETFs on Bitcoin (BTC) and Ethereum (ETH) in the US, the rise of crypto-friendly candidates in the US presidential election, and Bitcoin reaching a record price $ 100 caused a wave of enthusiasm in the global digital asset market.
In this dynamic environment Binance UK, the leading digital asset platform in Turkey, has recorded spectacular successes. With an innovative approach and commitment to the development of the cryptocurrency market, Binance TR has strengthened its position as a leader in the region. What were their key achievements in 2024?
📊 Strong Financial Structure and Dynamic Growth
Binance TR has demonstrated exceptional financial stability, achieving 1,5 billion TL (about $43 million USD) in equity. Additionally, the increase in the paid-in capital 400 million TL allowed for further strengthening of financial foundations and realization of ambitious development goals in Turkey.
Mücahit Dönmez, CEO of Binance TR:
“2024 was a turning point for the cryptocurrency market. With new regulations in Turkey and record-breaking achievements in global markets, we are proud to be a pioneer of this transformation.”
💡 User Trust at the Highest Level
From a study conducted by Ipsos it turns out that 72% Turkish users familiar with cryptocurrency platforms have positive opinions about Binance TR. That's about 17 percentage points more than other local platforms.
- 70% users trust Binance TR as the safest platform.
- 50% respondents used or are using Binance TR.
- 30% designated Binance TR as its primary trading platform.
These numbers confirm not only user confidence but also Binance TR’s dominant position in the Turkish market.
🔒 Security and Compliance
Binance TR continues to invest in security i regulatory compliance:
- Growth of the compliance team: The team has grown by 50%, reaching 900% growth from 2021.
- ISO certifications: The platform has renewed its certificates ISO 27001 i ISO 27701, confirming the high level of data security and privacy management.
- Legal Changes: Updated domain name to binance.tr and the legal name for Binance Turkey Kripto Varlık Alım Satım Platformu A.Ş. – emphasizing full compliance with Turkish regulations.
🤝 Social Responsibility and Education
Binance TR has launched a program Women in Technology Academy, in cooperation with Association of Women in Technology. Over the course of four sessions, the academy reached 600 womenand additional training was provided in earthquake-affected regions 85 women in Hatay.
“Our goal is to train 5 women over the next five years to increase their participation in the Web000 and blockchain sector.”
— Binance TR
📈 Offer Extensions and New Trading Pairs
In 2024, Binance TR introduced 75 new trading pairs based on Turkish Lira (TRY), increasing their number to 220. The platform also introduced two new commission-free bank deposit channels, improving the availability of transactions.
Platform Improvements:
- More than 300 new features and updates
- Features such as Profit & Loss (P&L) i passkey
- Improvements to the trading and wallet interface
🎯 Shared Future and Community Engagement
In 2024, Binance TR organized 8 events, attracting 3 participants. Educational series Investment and Psychology she noted 25 million views, and the platform has entered into cooperation with Matrix Academy, developing educational content.
Community Data:
- 500 followers on social media
- 20 subscribers on Youtube
- 50 followers on Instagram
- 10 live broadcasts for 180 viewers
🔮 Stepping into 2025 with Ambitious Goals
Mucahit Dönmez:
“We enter 2025 with ambitious goals. In the golden age of the global cryptocurrency industry, we will continue to prioritize users, offer innovative solutions, and lead the industry in full compliance with regulations.”
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