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Announcements > News > Important Update: Closure of Phemex Operations in Turkey >

Important Update: Closure of Phemex Operations in Turkey

Author: Silvia Date: 2024-06-05 08:00:49

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Dear Traders,

With regret, we announce the closure of our operations in Turkey. Effective from June 18th, 2024, at 10:00 UTC, all services provided by our Turkey site will be discontinued. Our platform will maintain functionality solely for withdrawals. Trading and deposits will come to a halt.

We recognize the inconvenience this may cause and extend our sincerest apologies for any disruption to your financial activities. We urge all users with remaining account balances to initiate withdrawals by July 31st, 2024, at 10:00 UTC. Additionally, we will be delisting USDT/TRY, ETH/TRY, and BTC/TRY pairs on the Global site.

Following this period, the ability to withdraw funds from your account will cease.

Your understanding and cooperation during this period are deeply appreciated. Should you require any assistance during this transition, please do not hesitate to reach out to our customer support team.

We want to take this opportunity to also express our heartfelt gratitude for your support and for being an integral part of the Phemex community.

Warm regards,

The Phemex Team

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