Binance TR has announced the implementation of a waiting period for Bitcoin and Altcoin investments! Here are all the details users need to know...
While regulations regarding cryptocurrency transactions continue in Turkey, exchanges are announcing new criteria that investors must comply with in order to adapt to these regulations.
At this point, the latest statement came from Binance TR, the Turkish branch of Binance.
According to the official statement from Binance TR, Binance TR announced the new regulations as part of the new obligations introduced by the Financial Crimes Investigation Board General Communiqué published in the Official Gazette on June 28, 2025 (Serial No: 29) and MASAK.
Accordingly, Binance TR announced that as of July 4, 2025, at 15:00, a waiting period will be implemented for all new cryptocurrency investments or trading transactions made, in order to enhance user security and ensure full compliance with legal obligations.
The balances resulting from cryptocurrency transactions made from the specified date will be subject to a 72-hour waiting period.
For users who complete the 72-hour waiting period, the waiting period for other assets in their account and subsequent cryptocurrency investments will be 48 hours after their first cryptocurrency withdrawal transaction performed after this period.
“As of July 4, 2025, at 15:00, a 72-hour waiting period will be applied for the withdrawal of the cryptocurrency balances currently available in the user’s account.”
After this date and time, all new cryptocurrency asset investments or cryptocurrency balances resulting from buy/swap transactions made to the user account will also be subject to a 72-hour waiting period.
After the user’s first cryptocurrency withdrawal or transfer transaction made after a 72-hour waiting period, the waiting period for withdrawal transactions of other cryptocurrencies in their account or any new cryptocurrency entering their account will be updated to 48 hours.
Binance TR stated that the deposit and withdrawal transactions of Turkish Lira (TRY) will not be subject to any waiting period and will continue at the current speed.
Binance TR has recently added that transactions made by users to crypto asset wallets matching their own Turkish ID numbers are currently compliant with the Travel Rule, and therefore, crypto asset withdrawal transactions conducted through this channel will be exempt from the waiting period.
According to the MASAK General Communiqué published in the Official Gazette dated June 28, 2025, a waiting period application for cryptocurrency withdrawal transactions will be initiated as of July 4, 2025, at 15:00.
For details ⬇️
— Binance TR (@BinanceTR) July 4, 2025