Coinbase in Talks to Acquire Turkish Crypto Exchange BtcTurk for About $3.2B: Report

Coinbase in Talks to Acquire Turkish Crypto Exchange BtcTurk for About $3.2B: Report

Founded in 2013, BtcTurk is one of the country’s oldest crypto exchanges and counts 4.5 million pro users, according to one of Turkey’s top newspapers, Cumhuriyet. It has recorded $200 million in trading volume in the past 24 hours, compared with $179 million for its biggest local competitor, Paribu, according to CoinMarketCap data.

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