At a meeting with economists and business representatives, Turkish President Recep Tayyip Erdogan said thatthe draft law regulating cryptocurrencies is ready, reports ABC Gazetesi.
According to Erdogan, the law on cryptocurrencies will be sent to the Turkish parliament "without delay." The development of this document began in the first half of this year.
In July, former Deputy Finance Minister SakirErcan Gul, who was fired by the president earlier this month, said Turkish rules would follow the guidelines that are being implemented in the United States and Western Europe. The Cryptocurrency Law will define different types of digital assets and introduce measures to protect investors.
In September, Erdogan said that Turkey “isat war ”with cryptocurrency. This remark caused a stir in the local cryptocurrency community, and later became a reason for gloating amid the falling lira.
On December 20, the national currency collapsed toa record low against the US dollar, having lost more than 60% of its value since the beginning of the year. The fall was due to the aggressive policy of easing the monetary policy of the central bank.
The depreciation of the lira made the inhabitants of the countryturn to cryptocurrencies. Data from Chainalysis and Kaiko show that the number of cryptocurrency transactions paired with the lira exceeded one million earlier this week.
Where is it more profitable to buy cryptocurrency? TOP-5 exchanges
For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.
The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.
Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?
Rating of cryptocurrency exchanges:
| # | Exchange: | Website: | Rating: |
|---|---|---|---|
| 1 | Binance (Editor's Choice) | https://binance.com | 9.7 |
| 2 | Huobi | https://huobi.com | 7.4 |
| 3 | Exmo | https://exmo.me | 6.9 |
| 4 | OKEx | https://okex.com | 6.5 |
| 5 | Bybit | https://bybit.com | 6.3 |
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
- Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
- Additional features and services— futures, options, staking, NFT marketplace.
- Feedback and support– we analyze user reviews and the quality of technical support.
- Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
- final grade– the average number of points for all indicators determines the place in the ranking.
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