Summary: Akbank has adapted to the dynamic field of digital currencies. It facilitates its customers' access to crypto asset markets by collaborating with authorized exchanges. This integration provides the bank’s clients with the opportunity to safely and actively trade various tokens while adhering to the financial standards set by the Central Bank of the Republic of Turkey (CBRT).
Our comprehensive analysis points to Bybit as the best exchange for Akbank account holders looking to invest in cryptocurrencies. It enables swift and free deposits in Turkish Lira, ensuring robust security and zero transaction fees. Moreover, Bybit offers an extensive selection of over 940 tokens, complete with advanced features like leverage trading up to 100x on futures, NFT marketplace, 8 staking options, and crypto loans.
- Instant and free TRY deposits from any Turkish bank, debit or credit card.
- Buy 940+ cryptocurrencies with low fees (0.1%) through spot and futures trading.
- Regulated and trusted exchange with over 18 million users worldwide.
Can I Buy Bitcoin with Akbank?
Certainly, Akbank account holders can smoothly transition into digital asset trading. Though the bank does not conduct crypto transactions on its interface, it acts as an intermediary to reputable cryptocurrency exchanges in Turkey. Clients can transfer funds securely to these platforms and invest in a wide range of digital currencies, including Bitcoin, Ethereum, Solana, and BNB. We advise choosing registered exchanges in Turkey for a smooth and secure experience and compliance with national regulations.
How to Buy Crypto with Akbank
Akbank clients can enter the expanding digital currency market using exchanges that conform to stringent Turkish financial laws. We suggest Bybit as the ideal platform for its regulatory compliance, efficient trading processes, and user-friendly interface. It supports over 940 cryptocurrencies and facilitates easy TRY deposits. It also offers multiple popular local payment methods, including bank transfers and e-wallets, among others.
If you want to begin your digital asset investment journey, follow these straightforward steps:
- Create a Profile: Register on Bybit and complete all necessary identity verifications for a secure trading experience.
- Choose How To Pay: Select a deposit option that suits your needs from the ‘Buy Crypto’ section.
- Select a Currency: Pick ‘TRY’ or another option you prefer for easy financial transactions.
- Complete The Process: Explore the extensive range of cryptocurrencies, decide your investment amount, and click ‘Buy.’
Akbank Cryptocurrency Policy
Akbank, renowned for its innovative banking solutions, takes a progressive stance toward the cryptocurrency market. It allows its clients to seamlessly transfer funds to digital asset exchanges that follow the guidelines set by the Central Bank of the Republic of Turkey. Then, they can browse and purchase a range of tokens in a safe and reliable investment environment. Bybit takes the lead before other platforms due to its commitment to regulatory compliance, security, and transparency.
Digital Asset Investing Fees
If you are starting out with cryptocurrency trading, it would be best to take the time to understand the associated fees. This insight is the key to informed investment decisions and can lead to more effective strategies and enhanced financial returns. Here is an outline of common charges on digital asset exchanges:
- Deposit Fees: The cost to add funds into a crypto trading account varies depending on the payment option selected. For instance, in Turkey, bank transfers are typically cheaper than other methods.
- Trading Commissions: You can expect a standard fee of around 0.1% per transaction on Bybit, regardless of whether you are purchasing or selling digital currencies.
- Withdrawal Charges: This fee often differs based on the specific cryptocurrency. For instance, if you are withdrawing Bitcoin, you can expect a fixed rate of 0.0005 BTC. However, this cost can vary for other coins.
Bybit offers a robust and intuitive platform suitable for all Akbank customers interested in digital asset trading. The platform provides an extensive selection of over 940 tokens, offering competitive rates and free TRY deposits.
What is Akbank?
Akbank is one of the largest and most established banking institutions in Turkey, founded in 1948. With its headquarters located in Istanbul, the bank operates an extensive network of branches across the country, but it is also known for its international presence. It provides a wide range of financial services including retail, commercial, corporate, private, and investment banking solutions to a diverse client base.
Moreover, Akbank is commited to technological innovation, particularly in digital banking, which has significantly enhanced user experience and operational efficiency. Its unique approach is characterized by a strong focus on customer satisfaction, sustainability, and embracing new technologies, making it a key player in Turkey's dynamic financial sector.
Final Thoughts
In conclusion, by facilitating links between customers' accounts and trusted cryptocurrency exchanges, Akbank opens doors for its clients to securely invest in a variety of digital assets. For those starting their digital currency journey, we strongly suggest Bybit. This platform provides swift and efficient transactions in Turkish Lira, over 940 coins, and a range of advanced trading features, like proof-of-reserves and multiple trading types.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.
