On Nov 10, Bitcoin cost lira buyers less than it cost the rest of the world. The Turkey Premium Index read -0.26% (-26.0 bps), a score of 40 / 100 in the discount regime, against a 24 hour average of -7.9 bps.
The currency does the work. Tether against the lira traded -24.3 bps under the official USD/TRY rate, while the crypto leg added only -1.6 bps.
All six Turkish exchanges quoted below the world. CoinTR was the dearest at -15.3 bps and OKX TR the cheapest at -41.4 bps. This is a price gap, not a trade anyone can lock in.
The currency does the work. Tether against the lira traded -24.3 bps under the official USD/TRY rate, while the crypto leg added only -1.6 bps.
All six Turkish exchanges quoted below the world. CoinTR was the dearest at -15.3 bps and OKX TR the cheapest at -41.4 bps. This is a price gap, not a trade anyone can lock in.
