Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Peer-to-peer crypto market Paxful announced that it has partnered with BiLira, the group behind Turkish lira-backed stablecoin Bilira (TYRB), and crypto trading platform Cointral to advance cryptocurrency trading in Eastern Europe .
Paxful said the move follows strong growth in commercial registrations from Turkish users over the past year. Both BiLira and Cointral are based in Turkey.
In a statement sent via email, Paxful said that Turkey had an average monthly trading volume of over $ 65,000.
As part of the partnership with BiLira, Paxful said that users could sell Bitcoin (BTC) and Tether (USDT) with the Bilira stablecoin. "Bitcoin can be used to save wealth from instability in the Turkish Lira environment," said Ray Youssef, CEO of Paxful, in a statement sent via email.
By partnering with Cointral, Paxful said its web-based kiosk would be integrated with Cointral's trading platform, allowing users to pay using bank transfers and gift cards, among other things.
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Paxful, BiLira based in Turkey, Cointral expands crypto offerings in Eastern Europe
Paxful, BiLira based in Turkey, Cointral expands crypto offerings in Eastern Europe
Paxful, BiLira based in Turkey, Cointral expands crypto offerings in Eastern Europe
Paxful, BiLira based in Turkey, Cointral expands crypto offerings in Eastern Europe

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