## What Is Binance TR? Launched in September 2020, Binance TR is a digital asset marketplace, powered by matching engine and wallet technologies licensed from the cryptocurrency exchange, Binance. Operated by BN Teknoloji based in İstanbul, Turkey, Binance TR aims to provide a fast, secure and reliable platform to buy and sell cryptocurrencies in Turkey. It supports TRY [fiat](https://coinmarketcap.com/alexandria/glossary/fiat) pairs. The platform runs on licensed technologies and mechanisms from the [Binance](https://coinmarketcap.com/exchanges/binance/) exchange under local laws and compliance with anti-money laundering requirements. Binance TR is supported by the core feature set of Binance. It offers the Turkish community industry-leading technology, [spot trading](https://coinmarketcap.com/alexandria/glossary/spot-trading) liquidity, robust matching mechanisms, and modern security facilities, allowing users to buy and sell digital currencies with their local currency. ## Who Are the Binance TR Founders? Binance TR is owned by Binance and is covered by the Binance SAFU fund. ## When Did Binance TR Launch? The centralized exchange ([CEX](https://coinmarketcap.com/alexandria/glossary/centralized-exchange-cex)) launched in September 2020. ## Where Is Binance TR Located? Binance TR is operated by BN Teknoloji, a fintech company based in Istanbul, Turkey. ## Binance TR Restricted Countries The platform does not accept Canadian, Japanese and US clients. ## What Coins Are Supported on Binance TR? Binance TR is a fiat-to-crypto and crypto-to-crypto exchange that lists popular digital assets like BTC, ETH, AVAX, DOGE, USDT, BUSD, XRP, SOL, ATOM, ADA, MANA, LTC, MATIC and others. ## How Much Are Binance TR Fees? A transaction fee of 0.1% is applied for trading transactions. The system uses a Maker-Taker model with tiered fees of up to 0.1%. TRY deposits and withdrawals are free. Crypto withdrawals between Binance and Binance TR are also free. ## Is It Possible To Use Leverage or Margin Trading on Binance TR? Users are allowed to trade both cryptocurrencies and [futures](https://coinmarketcap.com/alexandria/glossary/futures). The maximum amount of [leverage](https://coinmarketcap.com/alexandria/glossary/leverage) available on the platform is 10:1.