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Cryptocurrency exchange EXMO has officially launched a subsidiary in Turkey as a part of the launch on the Turkish market, the announcement states.

The head of EXMO, Sergey Zhdanov, says the Turkish market has become an "incredibly pleasant discovery" for the exchange.

"After adding the Turkish lira to the platform and launching the Turkish version of the website, the numbers of traders from the Eastern Region undoubtedly pleases us," said Zhdanov.

At press time, the exchange’s clients from Turkey can trade in the most popular currency pairs with Turkish lira: TRY/BTC, TRY/ETH, TRY/XRP, TRY/XLM.

EXMO states it’s also finishing up some formal procedures relating its bank account in the Turkish bank to make Bank Transfer payment method available soon.

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