Gate.TR Achieves 559% Growth in Its Second Year in Turkey

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Gate.TR Achieves 559% Growth in Its Second Year in Turkey

As a regional leader in cryptocurrency adoption, Turkey has become a hub for global players in the crypto industry. Recognizing Turkey’s potential early on and committing to full regulatory compliance from day one, cryptocurrency exchange Gate.TR is celebrating its second anniversary in Turkey.

Over the past few years, Turkey has distinguished itself as a leader in cryptocurrency adoption within the region, driven by widespread crypto acceptance and a dynamic blockchain community. Turkey’s appeal has caught the attention of global players, including Gate.TR, which has aligned its operations with the crypto regulations introduced on July 2. Marking its second year of operations in Turkey, Gate.TR has solidified its presence in the market.

Reflecting on their journey in Turkey, Gate.TR CEO Kafkas Sönmez stated:
“Turkey stands out among regional countries as a nation where the crypto ecosystem is vibrant and adoption is steadily rising. Over the past year, we’ve successfully adapted Gate.TR’s foundational values to align with Turkey’s dynamic market, delivering on our promise of full regulatory compliance since day one. It’s been a year of achievements, and we’re proud to celebrate these milestones.”

User Base Grows 559%, Trading Volume Up 270%

Highlighting the pivotal role of regulations in 2024, Kafkas Sönmez noted:
“Contrary to expectations, the implementation of the legal framework introduced on July 2—further clarified by the Capital Markets Board (SPK)—has only strengthened users’ embrace of crypto assets in Turkey. Since our inception, Gate.TR has pledged 100% regulatory compliance, worked collaboratively with authorities on legal matters, contributed to the legislative process, and effectively communicated these efforts to our users. This approach has been instrumental in our strong growth in 2024. From the start of the year, our user base has grown by 559%, while trading volumes have increased by 270%.”

“Gate.TR’s Success in Turkey Is Built on Trust”

Founded in 2022, Gate.TR offers over 200 trading pairs with the Turkish Lira. Reflecting on their success, Kafkas Sönmez said:
“In an increasingly competitive market, maintaining close contact with our users is paramount. Our Turkey team has been consistently accessible since day one, interacting with thousands of users daily via social media and hosting regular in-person events to engage with the community. This direct connection fosters trust at every level, and we owe much of our success in Turkey to this trust.”

“A Community-Centric Approach”

Sönmez emphasized that Gate.TR’s communication strategies in Turkey revolve around trust and community:

“We see our investors not just as users but as friends. In a market like Turkey, characterized by a young population, high technology adoption, and strong interest in investment tools, we believe that conveying Gate.TR’s vision of the new financial world requires a genuine and community-oriented approach. Above all, innovation and technology must be communicated in clear, straightforward terms. Over the past two years, we believe we’ve achieved this in Turkey.”

“Our Focus in 2025: Relentless Innovation”

Gate.TR has made extraordinary efforts to reach every corner of Turkey through physical and online events and community gatherings. Sönmez concluded:

“As GateTR, we close our second year with a strong community and a remarkable performance in brand recognition. In 2025, our focus will remain on innovation. Positioned as a gateway to crypto and decentralized finance, Gate.TR will continue to support crypto investors with an expert, active team and a loyal community that shares our passion for the ever-evolving blockchain ecosystem. Together, we look forward to a dynamic and successful year ahead.”