Buying Bitcoins with cash in Turkey has never been easier than now thanks to exchanges like Nakitcoins, Coinsfera, and Bitget. Over 2.4 million Turkish residents invest in or trade cryptocurrencies including BTC. The large number of cryptocurrency enthusiasts means that you can buy Bitcoin in Turkey in only a few days. Many investors buy digital currencies with credit cards, debit cards, local bank transfers, SWIFT, and altcoins. Although Bitcoin crypto is legal in Turkey, the republic’s Central Bank has been trying to enforce regulations to discourage the use of crypto to purchase goods and services. These decisions arise from concerns regarding the volatility of cryptocurrency and the risks of non-recoverable losses. This post discusses the tips for buying Bitcoins with cash in Turkey.

3 Simple Tips for Buying Bitcoins with Cash in Turkey

Here are three ways to purchase BTC with cash in Turkey.

     1. Nakitcoins

With Nakitcoins, you can buy BTC with cash in Turkey instantly. Nakitcins is Turkey’s first on-site Bitcoin exchange office. The physical exchange accepts fiat currency for Bitcoin purchases and sales. You can use dollars for most transactions and euros for bigger purchases. Nakitcins has offices in Istanbul and other locations around Turkey. Once you visit one of their branches, you can buy and sell Bitcoin with cash easily and safely. The advantages of using NakitCoins over other crypto exchanges in Turkey are low fees, high limits, and faster transactions.

     2. Coinsfera

Coinsfera is an alternative Turkish crypto exchange that has branches in Istanbul and other locations where users can trade, buy, and sell BTC with cash. Use a credit card to purchase your Bitcoin at the Coinsfera exchange with ease. The crypto brand is popular for accepting a variety of payment methods throughout its branches. Apart from offering Bitcoin services, Coinsfera also lets users access altcoins such as Ethereum, Binance Coin, Tether, and Bitcoin Cash. 

     3. Bitcoin ATMs

Turkish crypto investors can use Bitcoin ATMs near them to buy and sell BTC with cash. You can find Bitcoin ATMs in major cities in Turkey such as Istanbul. Use map apps on your mobile device to search for the nearest Bitcoin Automated Teller Machines that allow for cash purchases of Bitcoin. It’s worth noting that not all Bitcoin ATMs in Turkey support altcoins. Most of them offer higher fees than physical changes such as Nakitcoins. Therefore, it makes sense to always research the machines before choosing them to transact in Bitcoins. Bitcoin ATMs operate like regular bank ATMs, except that users scan a QR code from their wallet instead of using a credit or debit card. Some ATMs operate 24/7 while others are open from Monday to Friday.

To ensure seamless transactions, every Turkish crypto investor should understand the specifics of Bitcoin and the exchanges discussed in this post. Choosing Nakitcoins is perhaps the most convenient way to buy Bitcoin with cash in Turkey. ATMs may cause you to waste your precious time with annoying verifications and insane fees. Therefore, consider buying Bitcoins with cash through trusted physical Bitcoin shops near you such as NakitCoins.