Volumes Surge on Turkey's Crypto Exchanges as Lira Tanks

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12 Aug 2018, 14:18


Trading volume on Turkey's cryptocurrency exchanges surged Friday as the country's fiat currency plunged to record lows on economic jitters

The U.S. and called on Turkish citizens to exchange any dollars, euros or gold they own for the lira to prop it up, according to media reports.

Turkey," said a local university student who for safety reasons asked to be referred to by his Twitter handle, Bit_gossip.

He has been using bitcoin to buy digital ads abroad for over three years. Now his family and friends turn to him for advice on how to buy bitcoin, he said.

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