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How to Buy Bitcoin and Crypto with Ziraat Bankası
The easiest way to buy Bitcoin, Ethereum and other cryptocurrencies with your Ziraat Bank account is with a licensed exchange that accepts Turkish Lira (TRY) deposits. We recommend the Bybit platform because they are the most trusted exchange for citizens of Turkey with over 10 million users on the platform.
You can get started in 4 simple steps from your Ziraat Bankası account.
- Sign up to Bybit (does not need ID or KYC information).
- Select the fiat currency (TRY) you want to use and the crypto you want to buy.
- Select the deposit method you want to use from Ziraat (Bank Transfer Debit Card, Credit Card, Apple Pay etc).
- Complete the transaction and the funds will arrive in your account immediately.
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Can I Store Bitcoin with Ziraat Bankası?
Ziraat Bankası does not offer any products or services related to cryptocurrencies, so it is not possible to store Bitcoin or any other digital asset with the bank. If you want to store your crypto holdings safely, we recommend using a hardware wallet like the Ledger Nano S Plus or Nano X which are the best for security.
Ziraat Bank Crypto Policy
Ziraat Bank, one of the largest banks in Turkey, has recently released a new policy regarding cryptocurrencies. The bank has stated that it will not deal with any cryptocurrencies or provide any services related to them. This includes both buying and selling of cryptocurrencies, as well as holding or storing them for customers.
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The bank has cited several reasons for this decision, including the volatility of cryptocurrencies, their lack of regulation, and the potential risks they pose to investors. This is in line with the position of many other traditional financial institutions, which have largely been skeptical of cryptocurrencies.
About Ziraat Bank
Ziraat Bank is the largest state-owned bank in Turkey with over 2,200 branches across the country. The bank was founded in 1863 and has since played a major role in the development of the Turkish economy. Today, Ziraat Bank offers a full range of banking services to both individuals and businesses. These include loans, credit cards, deposit accounts, and more. In addition, the bank is also active in the agricultural sector, providing financing for farmers and agricultural businesses.
Ziraat Bank has a long history of supporting the Turkish economy and is one of the country's leading banks. It is committed to providing excellent customer service and offers a wide range of products and services to meet the needs of its customers. If you're looking for a reliable and trustworthy bank in Turkey, then Ziraat Bank is the perfect choice.
Final Thoughts
Ziraat Bank is one of the largest banks in Turkey and offers a full range of banking services, including loans, credit cards, deposit accounts, and more. However, the bank does not currently offer any products or services related to cryptocurrencies. If you want to buy Bitcoin or other cryptos with your Ziraat Bank account, then you will need to use a licensed exchange like Bybit. Bybit offers fast and cheap TRY deposits to trade 400+ assets and is the most popular crypto platform in Turkey. With its secure infrastructure, simple user interface, and excellent customer support, Bybit is the perfect choice for anyone looking to buy or sell cryptocurrencies in Turkey.
