## 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.