Istanbul, Turkey
Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
Binance TR is the largest cryptocurrency exchange in Turkey and one of the top 15 platforms in the world. The company has a 5-level [Bronze, Silver, Gold, Platinum, Diamond] fee structure for TRY-crypto pairs, ranging from 0.1% to 0.02% for the maker.
The mentioned system decreases the commission based on the trading volume in the last 30 days, in the range of 0 to more than 50M TRY.
Launched in September 2020, Binance TR serves as the Turkish arm of the global Binance exchange and is headquartered in Istanbul. Operating on the core matching engine and infrastructure of its parent company, Binance TR offers users access to deep liquidity and high-speed order execution.
Based on our investigations, the company is not currently supervised by any authorities, similar to many other Crypto Exchanges. The exchange is registered in Istanbul, Turkey, and is headquartered at Özdilek River Plaza Wyndham Grand Blok 13/32 Esentepe Mah. Bahar Sok. Şişli / İstanbul.
The platform supports both crypto-to-crypto trading and fiat transactions in Turkish Lira (TRY), enabling local users to buy and sell cryptocurrencies seamlessly using direct bank transfers.
As part of the Binance ecosystem, it benefits from theSecure Asset Fund for Users (SAFU), which provides an added layer of protection for user funds.
Based in Istanbul, Turkey, Mucahit Donmez is a finance and technology expert with global exposure.
With experience at Binance and an education from Harvard University, he holds multiple certifications in auditing, risk management, and financial examination.
Similar to our other reviews on the website, we will provide a summary of key specifications regarding the company's services in this section:
Exchange | Binance TR |
Launch Date | 2020 |
Levels | Level 1, Level 2, Level 3 |
Trading Fees | Max. 0.1% |
Restricted Countries | Limited to Turkey |
Supported Coins | +200 |
Futures Trading | No |
Minimum Deposit | N/A |
Deposit Methods | Bank Transfers, Crypto Transactions |
Withdrawal Methods | Bank Transfers, Crypto Transactions |
Maximum Leverage | N/A |
Minimum Trade Amount | Not Specified |
Security Factors | ISO 27001, ISO 27701 |
Services | Staking, Auto-Invest |
Customer Support Ways | Live Chat, Email, Phone Call |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | No |
Orders Execution | Not Specified |
Native Token | None |
To provide a balanced view, let's examine the significant pros and notable cons of trading on Binance TR:
Benefits | Drawbacks |
Multiple Trading Options | Relatively Limited Range of Available Cryptocurrencies |
Additional Services Like Auto-Invest and Staking | - |
Competitive Trading Fees, Among The Lowest In The Industry | - |
Usually, cryptocurrency exchanges define various levels for user verification. Binance TR follows the same rule with3 levels of identity verification:
Binance TR uses a tier-based spot trading fee structure. For trades involving Turkish Lira pairs, the default fees are 0.1% for makers and 0.15% for takers.Binance TR Crypto/TRY fees:
Level | 30d Trading Volume (TRY) | Fee (Maker/Taker) |
Bronze | 0 - 1,000,000 | 0.1% / 0.15% |
Silver | 1,000,000 - 5,000,000 | 0.09% / 0.15% |
Gold | 5,000,000 - 10,000,000 | 0.08% / 0.15% |
Platinum | 10,000,000 - 50,000,000 | 0.04% / 0.15% |
Diamond | +50,000,000 | 0.02% / 0.1% |
When trading crypto-to-crypto pairs, a default flat fee of 0.1% applies for both maker and taker sides. Binance TR Crypto/Crypto fees:
Level | 30d Trading Volume (USD) | Fee (Maker/Taker) |
VIP 0 | Less Than 1,000,000 | 0.1000% / 0.1000% |
VIP 1 | Equal or More Than 1,000,000 | 0.0900% / 0.1000% |
VIP 2 | 5,000,000 | 0.0800% / 0.1000% |
VIP 3 | 20,000,000 | 0.0420% / 0.0600% |
VIP 4 | 75,000,000 | 0.0420% / 0.0540% |
VIP 5 | 150,000,000 | 0.0252% / 0.0336% |
VIP 6 | 400,000,000 | 0.0210% / 0.0294% |
VIP 7 | 800,000,000 | 0.0192% / 0.0288% |
VIP 8 | 2,000,000,000 | 0.0165% / 0.0275% |
VIP 9 | 4,000,000,000 | 0.0120% / 0.0240% |
Users who choose to pay trading fees using Binance Coin (BNB) receive additional discounts, further reducing overall costs. These competitive rates align with Binance's global pricing standards and are appealing for both casual and active traders.
Deposits are free for all digital assets, while withdrawal fees vary by the blockchain network and are subject to periodic adjustments. Regarding TRY deposits and withdrawals, there are no fees.
Binance TR provides access to a wide array of digital assets, supporting more than 200 cryptocurrencies and trading pairs.
This extensive selection allows Turkish users to diversify their portfolios across popular coins and emerging tokens alike.
The platform is connected to Binance’s global liquidity pool, ensuring tight spreads and fast order execution, features particularly valuable forhigh-frequency and large-volume traders.
For comparison, there are other crypto exchanges in the industry with a longer list of assets, including HTX and Coinbase.
While this exchange offers a comprehensive trading platform, it's important to note that futures markets and margin trading are not available. Based on our investigations, there is no option regarding margin trading, either.
Therefore, if you intend to trade on these kinds of markets, you should look elsewhere.
To begin trading on Binance TR, users must first complete a streamlined account registration and identity verification process.
The platform adheres to standard Know Your Customer (KYC) protocols, ensuring a secure trading environment for all users. Step-by-step Binance TR registration & verification guide:
Go to the official Binance TR website and click “Sign Up” to reach the application form.
Click the Sign Up button at the top of the page on the Binance TR website
Fill out the registration form by providing the following information:
Create a strong password using a mix of uppercase and lowercase letters, numbers, and symbols.
This step is required to unlock full access to trading and withdrawal features. Upload the following documents for Binance TR identity verification:
Trading on Binance TR gives users access to advanced features with a simple interface. After logging in, click Buy-Sell to open the market screen, which includes trading pairs, live charts, and the order book.
Select from TRY, USDT, or FDUSD markets. Click a pair to start trading that crypto.
Use the Trading View chart to adjust timeframes, add indicators, or switch candlestick styles. This helps refine entry and exit points.
Pick an order type:
Check the "Open Orders" section for pending trades and the "24h Order History" tab for completed ones. Cancel or adjust orders anytime before execution.
The company offers a decent trading platform tailored for the Turkish market, with features such as portfolio management, Turkish Lira deposits and withdrawals, real-time market data, and more. Here are the download links to the applications:
The application has received an excellent rating of 4.8/5 on the Google Play Store and a high score of 4.7/5 on the Apple App Store.
Binance TR focuses on core cryptocurrency trading solutions for the Turkish market, offering TradingView integration, API access, and auto-invest options.
Designed for simplicity, the platform prioritizes essential tools over advanced features to meet local investor needs.
TradingView Integration | Yes |
Auto Trading (Bots) | No |
API Access | Yes |
P2P Trading | No |
OTC Trading | No |
| No | |
Launchpad | No |
NFT Marketplace | No |
Referral Program | No |
DEX | No |
Auto-Invest (Recurring Buy) | Yes |
The mentioned exchange does not provide much information about the security measures taken for the safety of user funds and data. However, they have received these two certificates from the British Standards Institution (BSI):
These certifications indicate the high level of security and privacy on the platform.
These measures, combined with Binance’s SAFU insurance fund, provide robust protection against unauthorized access and cyber threats.
Binance TR offers seamless integration with the Turkish banking system, allowing free deposits and withdrawals in Turkish Lira (TRY) via direct bank transfer through seven Turkish banks.
Cryptocurrency withdrawals between Binance TR and the main Binance platform are also free of charge.
For other crypto assets, withdrawal fees depend on the specific blockchain network used. For example, BTC withdrawals incur a fee of just 0.00035 BTC, which is below industry averages.
These favorable terms make Binance TR accessible for retail users and cost-efficient for frequent traders.
Based on our investigations of various sources on the internet, there have been no reviews and trust scores submitted for Binance TR. It might be because of its limited region of services.
However, Binance itself has scores on websites like CoinGecko. On the mentioned website, the exchange has received the perfect score of 10/10, evaluated based on the CoinGecko's metrics, such as liquidity, cybersecurity, and so on.
Let's check if Binance TR offers crypto copy trading software orliquidity pools.
Staking | Yes |
Yield Farming | Yes |
Social Trading | No |
Liquidity Pool | Yes |
Crypto Cards | Yes |
While Binance TR had previously held promotional campaigns like prize pools and #BinanceTRPizzaDay, it does not currently offer any active promotions as of August 2025.
The exchange also terminated its referral program as of 04 October 2024 in compliance with Turkish local regulations.
Binance TR delivers a well-rounded customer support experience, offering 24/7 live chat assistance for immediate issue resolution.
Users can also reach out via email or consult the platform’s extensive knowledge base, which includes educational content, market updates, and platform news.
The knowledge base is designed to empower both novice and experienced traders with timely information and self-service support.
Unlike its global counterpart, Binance TR currently does not offer features such as copy trading or social trading. This absence limits passive income opportunities for users who prefer earning yield on their idle crypto assets.
However, Binance TR provides one option for this purpose, which is its crypto staking service. Key Details and Benefits:
Since the discussed platform is designed specifically for the Turkish market and clients, its services arenot available to the residents of other countries in the world.
In other words, the exchange's services are limited to Turkish people and theresidents of Turkey.
The table below provides a brief summary of Binance TR features in comparison with other platforms:
Features | Binance TR Exchange | CoinEx Exchange | Bitunix Exchange | Toobit Exchange |
Number of Assets | 200+ | 1200+ | 300+ | 100+ |
Maximum Leverage | 1:1 | 1:100 | 1:125 | 1:150 |
Minimum Deposit | N/A | 0.0005 BTC | $10 | $5 |
Spot Maker Fee | 0.012% - 0.1% | 0.1% - 0.2% | 0.01% - 0.08% | 0.008% - 0.2% |
Spot Taker Fee | 0.024% - 0.1% | 0.1% - 0.2% | 0.01% - 0.1% | 0.05% - 0.2% |
Mandatory KYC | Yes | Yes | No | Yes |
Futures Trading | No | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | No | No |
Staking | Yes | Yes | No | No |
Copy Trading | No | Yes | Yes | Yes |
Binance TR is a cryptocurrency exchange with a 10/10 trust score on the CoinGecko website. Besides, the ScamAdviser platform has given a 66/100 score to the exchange.
The company's application has received a 4.8/5 user rating on the Google Play Store.
The exchange supports bank transfers and crypto wallet transactions.
No, it does not currently offer any futures options.
The company has obtained ISO 27001 and ISO 27701 certifications, demonstrating its commitment to security and privacy measures.
Binance TR is the Turkish branch of Binance, launched in September 2020. It operates as a local crypto trading platform for residents of Turkey, offering TRY-crypto and crypto-to-crypto spot trading.
Binance TR services are restricted to residents of Turkey. Users must verify their Turkish identity (T.C. ID) during the KYC process.
Binance TR supports over 200 cryptocurrencies, including BTC, ETH, SOL, XRP, DOGE, LTC, and newer tokens like TROY, HMSTR, COW, and DOGS.
Fees range from 0.1% to 0.02% for makers and 0.15% to 0.1% for takers, depending on the user's monthly TRY trading volume and fee tier (Bronze to Diamond).
Yes, users who pay trading fees using Binance Coin (BNB) receive a discount on the default trading rate.
Yes, the exchange offers staking for around 180+ assets with up to 20% APR, and supports yield farming via flexible and locked products.
Users must submit ID (T.C. Kimlik), a selfie, and basic personal information. Higher verification levels allow increased withdrawal and trading limits.
The Binance TR app scores 4.8/5 on Google Play and 4.7/5 on the App Store, making it one of the highest-rated local crypto apps in Turkey.
There are five TRY trading tiers: Bronze, Silver, Gold, Platinum, and Diamond. Higher tiers offer reduced maker fees, as low as 0.02%.
No, Binance TR currently does not offer an affiliate or referral program, unlike Binance Global.
Yes, level 2 verified users can freely transfer crypto assets between Binance TR and their main Binance account.
Binance TR provides 24/7 support via live chat, email at destek@trbinance.com, and phone at +90 (212) 955 00 41.
Binance TR itself has no public Trustpilot profile, but Binance Global has received a 10/10 trust score on CoinGecko, which reflects indirectly on Binance TR’s tech and security infrastructure.
Yes, Binance TR supports liquidity pools and crypto card integration, although features are limited compared to Binance Global.
