Kuveyt Türk is a prominent banking service provider operating mainly in Turkey, which gives you total control of your funds. Also, it can be used to purchase cryptocurrencies and fund crypto exchanges within minutes. There are different ways to cop your BTC or other most wanted crypto assets through Kuveyt Türk banking services, but just how can you do it? Learn how to buy Bitcoin and crypto with Kuveyt Türk in this step-by-step guide.
Can I Buy Bitcoin and Crypto With Kuveyt Türk?
Yes, the crypto purchase is among the most recently added features of Kuveyt Türk. Although you can not directly buy crypto on the Kuveyt Türk platform, it presents itself as a payment method for crypto purchases on your favorite crypto exchanges. Numerous exchanges support products such as the Kuveyt Türk debit and credit cards as payment options to buy crypto assets. You can also fund exchanges using the Kuveyt Türk bank transfer option and use the balance on your crypto exchange to buy Bitcoin or another digital asset of your choice.
Kuveyt Türk’s integration into the largest crypto exchange, Binance, makes things even more intriguing. You can buy Bitcoin and crypto via Binance P2P, using Kuveyt Türk as your payment method. Below, we will explain, in simple steps, how to buy Bitcoin and crypto with Kuveyt Türk on Binance through peer-to-peer trading.
How To Buy Bitcoin and Crypto Using Kuveyt Türk on Binance
As stated earlier, Kuveyt Türk is supported by Binance as a payment option for buying and selling crypto around the Turkish region. To access Binance services, such as P2P, you must first create an account with the exchange, and complete all compulsory KYC verification procedures. Also, ensure your pre-registered Kuveyt Türk bank account is funded before following the steps below:
- Create a Binance account and log in to access the purchase. Then select Trade » P2P to access the peer-to-peer trading section.
- Choose BTC or your preferred cryptocurrency, and choose TRY as your transaction currency. Also, use the Payment Method filter to select Kuveyt Türk as your preferred payment method.
- Browse the listings and select a seller with good ratings and reasonable rates. Input the amount of BTC you want to buy and confirm the trade.
- Transfer the funds to the seller’s provided bank details and Confirm Payment on Binance.
- Once the seller receives the payment receipt, your BTC will be immediately sent to your account. If need be, refresh your Binance account to see your asset balance.
NB: Never make payments outside your exchange/selected payment method, to ensure the security of your funds.
Fees When Buying Bitcoin and Crypto With Kuveyt Türk on Binance
Extra fees may apply when you try to buy Bitcoin and crypto with the Binance exchange. However, this is only limited to a few circumstances, like international transfers. For most account holders, buying crypto is free on Binance. Also, there are no additional fees attached when you buy Bitcoin and crypto using the Binance P2P feature, with Kuveyt Türk as your payment method. Regularly check Binance and Kuveyt Türk’s transaction fee policies to remain up to speed and avoid surprises when making digital transactions.
About Kuveyt Türk
Kuveyt Türk is a leading banking service provider, functioning under the Islamic banking principles in Turkey. It provides a wide range of banking products, including card payments, savings accounts, investments, and online banking. Also, Kuveyt Türk supports digital banking, providing a secure gateway for users to delve into the crypto space via exchanges like Binance. It offers a fast and safe way to make digital transactions, and also pay for BTC and crypto purchases on your preferred exchange.
Bottom Line
Suppose you’re looking for a fast and cost-effective way to buy Bitcoin and crypto as a Turkish residence. Then choose the Kuveyt Türk payment method on Binance to avoid incurring high fees. Follow the simple steps shown in this article to purchase any digital asset of your choice within minutes!
