Big Increase in Cryptocurrency Transactions in Turkey

The cryptocurrency data firm Kaiko has not taken its eye off the upcoming Turkish elections . The most recent numbers released by the corporation highlight the meteoric rise of crypto transactions in Turkish lira.

Cryptocurrency Trading Increased 10% in One Week

Kaiko called attention to the worldwide surge in crypto money transactions based on the Turkish currency noting that investors turned to cryptocurrencies due to the uncertainties surrounding the upcoming elections . The percentage of crypto transactions paid for using Turkish lira in fiat money rose from 5% to over 15% the company said.

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