Lira buyers paid less for Bitcoin than the rest of the world on Nov 4. The Turkey Premium Index read -0.29% (-29.2 bps), a score of 39 / 100 in the discount regime, below its 24 hour average of -15.9 bps.
The dollar did more of the work than the coin. Tether traded under the official lira rate, a dollar leg of -18.3 bps, against a crypto leg of -10.8 bps.
Across the five eligible Turkish exchanges, OKX TR was the dearest at -13.9 bps and Binance TR the cheapest at -34.4 bps. This is a price gap, not a trade anyone can lock in.
The dollar did more of the work than the coin. Tether traded under the official lira rate, a dollar leg of -18.3 bps, against a crypto leg of -10.8 bps.
Across the five eligible Turkish exchanges, OKX TR was the dearest at -13.9 bps and Binance TR the cheapest at -34.4 bps. This is a price gap, not a trade anyone can lock in.
