Binance TR was the cheapest place in Turkey to buy Bitcoin with lira on Oct 30, at -113.4 bps against the global price. BtcTurk was the dearest at -7.3 bps, so no tracked Turkish exchange paid above the world.
The Turkey Premium Index came to -0.14% (-14.3 bps), a score of 44 / 100 in the neutral regime. The 24 hour average was -40.6 bps.
Most of the gap came from the dollar side. Tether traded -9.9 bps under the official USD/TRY rate, and the crypto leg added -4.4 bps. This is a price gap across venues, not a trade anyone can lock in.
The Turkey Premium Index came to -0.14% (-14.3 bps), a score of 44 / 100 in the neutral regime. The 24 hour average was -40.6 bps.
Most of the gap came from the dollar side. Tether traded -9.9 bps under the official USD/TRY rate, and the crypto leg added -4.4 bps. This is a price gap across venues, not a trade anyone can lock in.
