Coinbase To Buy Turkish Crypto Exchange BtcTurk For Nearly $3.2 Billion

One of Turkey’s oldest cryptocurrency exchanges, BtcTurk, may soon be taken over by Coinbase, the largest crypto exchange in the United States by trading volume.

BtcTurk is one of the most valuable crypto exchanges in the country, with 4.5 million users.

Coinbase is opening up in all jurisdictions where cryptocurrency is legal, the company has said in the past. In March, Coinbase opened talks for a $2.1 billion acquisition of 2TM, the parent company of Brazil’s largest crypto exchange, Mercado Bitcoin.

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Coinbase To Buy Turkish Crypto Exchange BtcTurk For Nearly $3.2 Billion


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