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Bitget Wallet unveils ambitious Turkey market expansion, aiming to boost local Web3 ecosystem

Bitget Wallet unveils ambitious Turkey market expansion, aiming to boost local Web3 ecosystem

Victoria, Seychelles, November 17th, 2023, Chainwire

Bitget Wallet, formerly known as BitKeep Wallet, marked its presence prominently at the Devconnect conference in Istanbul, Turkey. Renowned as a leading one-stop Web3 trading wallet, Bitget Wallet not only attended but also played a pivotal role as a sponsor of the unStable Summit, a significant global stablecoin summit. Additionally, they co-sponsored several offline events alongside 1inch, a premier decentralized trading protocol.

Highlighting its commitment to the Turkish market, Bitget Wallet unveiled its ambitious plan for expanding into the Turkish market. This initiative focuses on delivering localized Web3 services, fostering partnerships with local projects, key opinion leaders (KOLs), and communities, and launching a series of ecosystem activities tailored to the Turkish market, all aimed at providing exceptional products and services.

During the conference, Bitget Wallet representatives provided a detailed analysis of Turkey’s cryptocurrency industry, acknowledging its development and potential. They also highlighted the positive impact of the event on the local Web3 ecosystem and showcased how Bitget Wallet, through innovative product development, has become a leading Web3 transaction wallet. Furthermore, they stressed the increasingly central role of decentralized exchanges in the industry’s future.

“Turkey is a dynamic country with a rapidly growing interest in Web3,” remarked a Bitget Wallet spokesperson at the conference. “Facing high inflation and global economic uncertainties, Turkey is emerging as a significant investment hub for cryptocurrencies.”

In the Turkish market, there’s a strong reliance on centralized exchange (CEX) services and a burgeoning interest in over-the-counter (OTC) trading. Bitget Wallet introduced its OTC services, which include integration with secure and compliant payment providers like MoonPay and Alchemy Pay, as well as access to Bitget P2P. This enables Turkish users to directly use lira within the wallet for buying and selling mainstream cryptocurrencies like USDT, BTC, and ETH.

Bitget Wallet’s non-custodial wallet services, which contrast with CEX offerings, ensure users have complete control over their private keys, thereby reducing the risks associated with centralized exchanges and enhancing asset security. The recent…

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