First Look
Bitturk opened its doors in Istanbul back in 2017. At first, it was marketed as a big step for the local market – the first platform in Turkey offering direct crypto trades with lira. The idea was simple: make it easy for people to buy and sell coins without going through foreign services. For a while, that worked.
The interface was basic but clean, trading pairs covered more than twenty coins, and the fees looked good. Makers paid nothing, takers paid around 0.10% to 0.15%. Deposits in lira were instant, and users liked that. For a short period, the exchange had potential.
Where Things Went Wrong
Over time, cracks started to show. Liquidity was low, volumes dropped, and fewer people used it. There was no clear plan to attract more traders or add new features. The team raised some funding in 2021, but it didn’t help much. By 2022, the platform had almost no presence outside Turkey, and even local interest was fading.
Regulation also became an issue. Turkish authorities started tightening rules after several scandals hit the market. Big names collapsed, and trust in local exchanges dropped. Bitturk wasn’t involved in fraud, but it also wasn’t strong enough to stand out. It stayed under the radar, with no visible effort to meet new standards.
Users and Community
You won’t find many reviews about Bitturk. The few that exist mention a functional service but nothing special. No active community, no strong feedback, and very little word of mouth. For an exchange, that’s not a good sign. Without users, there is no market.
What’s Left Today
By mid-2025, Bitturk is basically gone. Data shows zero trading activity, no liquidity, and almost no traffic to its site. The company behind it hasn’t released any updates, and there’s no sign of a comeback. It’s one of those platforms that simply faded away without a sound.
Quick Overview
| Feature | Status / Details |
|---|---|
| Founded | 2017, Istanbul |
| Fiat supported | Turkish Lira (TRY) |
| Coins listed | 20+ |
| Fees | ~0.10% maker / ~0.15% taker |
| Regulation | No clear license |
| Activity now | Inactive, zero reported volume |
| Reputation | Weak, few mentions |
| Verdict | Not active, not safe to use |
Final Thoughts
Bitturk had a chance to build something strong, but it never made the jump. Low liquidity, no expansion, and silence from the team pushed it into irrelevance.
For traders, this is a simple reminder. An exchange that stops growing and ignores compliance will not last. Bitturk’s story ends quietly – no drama, just a slow fade into history.