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Turkey has a relatively high level of crypto adoption, with around 40% of citizens having exposure to crypto. Crypto is one of the most widely invested asset classes.
66% of investors surveyed believe that the most compelling case for investing in crypto is the potential for profits. Ease of portfolio monitoring and interest in the technology come in second and third place, respectively.
In the near term, 64% of investors surveyed believe that crypto prices will increase in the next year. Looking ahead, 73% believe that the number of crypto investors will increase in the next 5 years, indicating rising adoption.
At Binance Blockchain Week 2023, there was a keen focus on recent innovations, institutional adoption, and the user journey. The two-day conference in Istanbul saw over 2,000 physical attendees, with more than 0.5M joining through livestream.
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