Best Crypto Wallet in Turkey for 2025

The State of Crypto in Turkey

The Turkish crypto market is booming in 2025, becoming a multi-billion dollar market with an estimated revenue of about USD $2.2 billion in 2025 (according to P.A. Turkey reports), with about 24-26 million active users (nearly one-third of the population). Many investors are turning to cryptocurrencies as an investment opportunity, or to hedge against the runaway inflation of the Turkish Lira (TRY) which stands at 35%, and was as high as 75% a little more than a year ago.

Moreover, according to the 2024 Paribu Crypto Awareness and Perception Survey, about 27% of Turkish adults who are aware of crypto say they have traded it, which is up from 25.1% in 2023.

But buying cryptocurrency is only the first step. What matters next is understanding how to store it safely, which types of wallets are available, and what separates one option from another.
In this guide, Ledger Academy breaks down the essential concepts by distinguishing between custodial and non-custodial wallets, and differences between hot and cold wallets. We also list some of the leading wallets in each category so you know where to find the very best crypto wallet in Turkey.

Top Crypto Wallets In Turkey of 2025

Before you learn how to buy Bitcoin (BTC), Ethereum (ETH) or any other cryptocurrency, you’ll need to learn how to safely store it. Here we take a comprehensive look at the best crypto wallet for beginners in 2025.

What Is a Crypto Wallet?

Before you buy crypto in Turkey you first need to understand what a crypto wallet is. Much in the same way a physical wallet holds your cash and bank cards, a crypto wallet is where you manage your digital value including cryptocurrencies.

How Does a Crypto Wallet Work?

A crypto wallet works using two sets of keys. The first is called a public key, the second is the private key. A public key is similar in nature to an email address, while the private key is the password for controlling the address. 

Your crypto wallet is an app or signer™  you use to manage your digital wealth, but some wallets, such as those on exchanges, control the private keys on your behalf. Because the exchange retains custody of the private keys these wallets are known as custodial wallets.

Furthermore, if you plan to send crypto from a Turkish exchange to your own wallet, the exchange might briefly pause the transfer if it doesn’t have enough sender/receiver ID details (required by the “Travel Rule” introduced in June 2025). 

So, if you need quick access to your assets, make sure all your info is complete first. Now, let’s explore the different types of wallets to get you started on which one would suit your needs and match your lifestyle. 

Navigating Crypto in Turkey: An Overview

The importance of self-custody became especially clear in Turkey after the collapse of the Thodex exchange in April 2021, when trading suddenly halted and the CEO fled abroad. More than 400,000 users lost access to around $2 billion in crypto because they did not control their private keys. In 2023, Faruk Fatih Özer, the exchange’s founder, was extradited back to Turkey and sentenced to 11,196 years in prison for fraud and related crimes.

A ‘non-custodial wallet’ is sometimes referred to as self custody wallets, because you hold the private keys. Non-custodial wallets can come in the form of hardware wallets or software wallets.

On mobile devices in Turkey, a new Android banking/crypto trojan dubbed “Crocodilus” has been observed targeting users in Turkey and Spain. It uses deceptive overlay screens and seed-phrase scams, making it essential to avoid any unsolicited prompts asking you to back up or reveal your seed phrase.

The safest way to explore crypto in Turkey (and globally) is by using a hardware wallet (a.k.a signer) that allows for secure self custody, like a Ledger signer. 

Screens built for everyday devices like cellphones or laptops do not carry with them the same security as crypto hardware wallet screens like those on Ledger signers. Ledger’s Secure Screens and Secure Touchscreens are driven directly via the certified, bank-grade Secure Element chips within them, ensuring that all your transactions are signed offline and your keys are always isolated from internet threats.

Best Hardware Wallets in Turkey of 2025

A non-custodial hardware wallet is a dedicated physical device (also known as signer) which stores the private keys to your crypto offline. 

Ledger Stax 

The Ledger Stax is Ledger’s premium signer. Designed by Tony Fadell, the godfather of the iPod, the Ledger Stax bears the hallmarks of Fadell’s keen eye for both form and function.

The Ledger Stax has a large 3.7” E Ink customizable touchscreen which wraps around the signer to its spine. That touchscreen is linked, as always, to the Secure Element chip, the guarantor of Ledger’s tamper-proof security.

Like all Ledger signers the Ledger Stax uses clear-signing technology. Clear signing means you are always aware of exactly what transaction you’re approving before you do so. Not every wallet implements these same standards. 

• Secure element chip: Yes
• Touchscreen: 3.7” E Ink touchscreen
• Secure element chip: Yes
• Customizable lock screen: Yes
• Customizable spine: Yes
• Charging: Wireless
• Multi-wallet management: Yes

Ledger Flex

The Ledger Flex is one of Ledger’s next generation signers, a dedicated hardware wallet for cryptocurrencies and non-fungible tokens (NFTs). Most noticeably, the Ledger Flex has a 2.8” E Ink touchscreen for ease of use.

The Ledger Flex is ‘free from compromise’ thanks to its system architecture which drives its secure touchscreen directly from Ledger’s Secure Element chip with CC EAL 6+ certification. This design specification makes the Ledger Flex impregnable to malware unlike your laptop or mobile device. 

All Ledger signers the Ledger Flex functions in tandem with the Ledger Wallet™ app, making the purchase, swapping and staking of crypto a breeze. Ledger Wallet is available on Windows, macOS, Linux, iOS and Android.

• Secure element chip: Yes
• Touchscreen: 2.8” E Ink touchscreen
• Customizable lock screen: Yes
• Customizable spine: No
• Charging: USB-C
• Multi-wallet management: Yes

Ledger Nano Gen5

The Ledger Nano Gen5 is a compact touchscreen signer with a high-contrast ~2.8″ E Ink® Secure Screen, built for clear, on-device transaction review and everyday carry. It connects to Ledger Wallet on desktop and mobile via USB-C, Bluetooth 5.2, and NFC, so you can manage your assets securely whether you’re at your desk or on the move.

The Ledger Nano Gen5 works with Ledger Wallet to support thousands of coins and NFTs, plus buying, staking, swapping, and DeFi access. The signer supports Clear Signing and Transaction Check to show exactly what you’re signing each time. This signer lets you personalize its secure touchscreen with your favorite NFTs or images but you can also take personalization a step further with the Ledger Nano Gen5 by pairing it with exclusive badges by iconic Apple designer Susan Kare. 

• Secure element chip: Yes (CC EAL6+ Secure Element)
• Touchscreen: Yes (2.8″ monochrome E Ink® capacitive touchscreen)
• Customizable lock screen: Yes
• Customizable spine: No
• Charging: USB-C
• Multi-wallet management: Yes (via Ledger Wallet with multiple accounts and apps)

Ledger Nano X

The Ledger Nano X is a sleek, elegant, pocket-sized signer. The Nano X is also bluetooth compatible allowing you to easily connect to Ledger Wallet on your mobile for the easy, quick and secure management of all your crypto assets.

The Ledger Nano X is controlled by two physical buttons and navigated upon its 128 x 64 pixel OLED display. 

• Secure element chip: Yes
• Touchscreen: No
• Customizable lock screen: No
• Customizable spine: No
• Charging: USB-C
• Multi-wallet management: Yes

Best Software Wallets in Turkey of 2025

Software wallets can be a convenient and easy option for limited day to day use and browser-specific crypto apps. A non-custodial software wallet is a browser extension or mobile app which stores your private keys online. Wallets which store your private keys online are also referred to as hot wallets. Since the private keys to a hot wallet are on the internet they are vulnerable to online threats such as malware, trojans and hackers.

Here we take a closer look at some of the most popular and best software wallets in Turkey. 

MetaMask

MetaMask is the OG of software wallets and remains a popular option today. Built by Consensys and initially supporting Ethereum and ERC-20 tokens, MetaMask is a browser extension that, with a little technical know-how, can be customized to operate with other major blockchains including BNB Smart Chain, Polygon and Avalanche.

It can also be paired and connected with your Ledger.

For Ethereum-focused users MetaMask is the go-to choice. However, there are some security precautions Turkish users should take when using a hot software wallet such as MetaMask. Research from blockchain research firm Chainalysis reveals that hundreds of MetaMask wallets are compromised every single day. 

For example, on June 6, 2025, 226 MetaMask wallets were hacked. Potential attack ventures are numerous but include malware, key loggers, viruses, and other trojan devices.

Turkish users should note, though, that you cannot buy crypto directly inside MetaMask with a local TRY card or bank transfer, since Turkish payment providers block card transactions to crypto services. The typical route is to first buy crypto on a local exchange and then transfer it into MetaMask for self-custody.

• Blockchains: Primarily Ethereum
• Browsers: Chrome, Firefox, Brave, Opera, Edge, Safari 
• Mobiles: Android, iOS
• Released: 2016

Guarda

Guarda is a non-custodial crypto wallet that supports over 400,000 cryptocurrencies including Bitcoin, Ethereum, Tether, TRON and stablecoins allowing users to buy, sell, swap, and stake crypto. Guarda is available on mobile devices and Mac, Windows and Linux.

However, for users in Turkey, in-app card purchases via third-party on-ramps are often unavailable or declined because the Central Bank’s 2021 rule bars payment and e-money institutions from intermediating payments to/from crypto platforms.

On top of that, Turkey isn’t part of SEPA and SEPA transfers are euro-only, so there is no SEPA transfer in Turkish lira (TRY). 

Even global on-ramp providers note that banks may block or decline cards for crypto purchases depending on local policy, another reason Turkish cards frequently fail inside wallets.

• Blockchains:  100+ including Bitcoin, Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum
• Browsers: Chrome
• Mobiles: Android and iOS
• Released: 2017

Phantom

Phantom is a browser extension originally focusing solely on the Solana network, but it now supports Ethereum, Sui and other major chains. You can also configure your Phantom wallet to access your Ledger Solana account.

Phantom wallet also allows in-app purchases of major tokens, and staking for Solana (SOL). Phantom is one of the most popular software wallets in Turkey today and is known for its ease of use, multi-chain support and compatibility with decentralized finance (DeFi) protocols.

In Turkey, Phantom’s in-app buy options rarely work with local cards or banks. Instead, most users buy SOL, ETH, or USDT on a Turkish exchange and then send it to Phantom, where they can connect to other DeFi apps.

• Blockchains: Solana, Ethereum, Base, Polygon and Sui
• Browsers: Chrome, Firefox, Brave, and Edge
• Mobiles: Android and iOS
• Released: 2021

Solflare

While many wallets now support multiple chains, Solflare takes a different approach, instead focusing all its efforts on Solana and its SPL memetokens. Solflare also offers in-app token purchases and staking of Solana tokens, so users can earn yield on the tokens they stake. You can also connect your Ledger signer’s Solana account to Solflare.

• Blockchains: Solana
• Browsers: Chrome and Brave
• Mobiles: Android and iOS
• Released: 2020

Binance Web3 Wallet

While the Binance exchange is custodial, in 2023 the company launched a global non-custodial Web3 wallet in Turkey’s largest city and economic hub, Istanbul.

The wallet uses multi-party computation (MPC) technology rather than a seed phrase. A third of the phrase is held by Binance, a second third on the user’s mobile phone and a third backed up on the cloud. 

While MPC is an interesting technology, it’s relatively untested for securing crypto assets. Therefore users should only proceed with using this wallet after doing some research and understanding the potential risks.

• Blockchains:  70+ including Bitcoin, Ethereum, Tether, TRON
• Browsers: Chrome
• Mobiles: Android and iOS
• Released: 2023

Exodus

Exodus is another multi-chain software wallet that includes Bitcoin among its list of supported blockchains. Exodus is available on mobile, desktop and web browsers.

Exodus wallets have been the target of malware in the past. In one such instance a program advertised as a .pdf to Microsoft Word document conversion was a trojan that drained Exodus wallets. The attack also targeted Atomic wallets. When users who downloaded the malware attempted to send money to another address the malware swapped out the recipient’s wallet with one controlled by the hackers.

This serves as yet another reminder why clear signing technology, as used in Ledger signers, is so important. Thanks to a September collaboration with the two firms, Exodus can be used seamlessly with your Ledger signer.

• Blockchains: Bitcoin, Ethereum, Dash, Litecoin, EOS, Gnosis and more
• Browsers: Chrome and Brave 
• Mobiles: Android and iOS
• Released: 2016

Backpack

Backpack is a multi-chain software wallet that calls itself the “all-in-one” crypto app, aiming to provide a one stop shop for crypto and DeFi.

Backpack allows Turkish users to stake assets and connect with apps across blockchain ecosystems, as well as manage NFTs.

One of Backpack’s more unique features is an integration with the Arc browser, known for its clean user interface and vertical sidebar. 

You can also connect Backpack wallet to your Ledger.

• Blockchains: Solana, Ethereum, Optimism, Arbitrum, Polygon and more
• Browsers: Chrome, Brave, Arc
• Mobiles: Android and iOS
• Released: 2022

Important Note: For users in Turkey, in-app card purchases via third-party on-ramps (like those found in Metamask, Backpack, Phantom and other software wallets) are often unavailable or declined. Moreover, even though Binance supports TRY pairs through its exchange, the Web3 wallet itself cannot be topped up directly with a Turkish bank card.

This means Turkish crypto users cannot directly purchase crypto via in-app purchases or using a Turkish bank card. This is because the Central Bank’s 2021 rule bars payment and e-money institutions from intermediating payments to/from crypto platforms. 

Best Custodial Wallet in Turkey of 2025

Here we take a look at the best custodial wallet in Turkey in 2025, giving you the lowdown on two of the most prominent exchanges in the region.

BtcTurk

BtcTurk is one of the most popular centralized exchanges in Turkey, based in the nation’s capital, Istanbul. There are over a hundred tradeable cryptocurrencies on BtcTurk and users can keep funds on the exchange should they wish.

In June 2024 BtcTurk’s $55 million was siphoned from BtcTurk when their private keys were hacked. Luckily, BtcTurk managed to absorb all costs of the hack, although customer withdrawals were temporarily suspended. 

Following the incident BtcTurk assured customers that most of their funds, which were held in cold wallets, remained safe.

• No of currencies: 100+
• KYC required: Yes
• Trading Fees: 0.01-0.08%
• Deposit Fees: 0
• Withdrawal Fees: 3 Lira
• Pros: No deposit fees, low withdrawal fees
• Cons: Some recent security issues

Paribu

Paribu is one of the largest centralized exchanges in Turkey with around 7 million users. It has more tradeable cryptocurrencies than BtcTurk with close to 200 to choose from.  It offers trading pairs with the Turkish Lira (TRY) and the dollar-pegged stablecoin Tether (USDT).

Paribu is among the favorite options for crypto traders in Turkey, known for its user friendliness and ease of use.

• No of currencies: <200
• KYC required: Yes
• Trading Fees: Variable from 0.1 – 0.35%
• Deposit Fees: 0
• Withdrawal Fees: 3 Lira and up
• Pros: Easy user interface
• Cons: Complex fee structure

Bitci (Bitci TR)

Bitci is another major Turkish exchange, with a slightly different niche: heavily focused on fan tokens (typically sports & entertainment tokens) , its own native blockchain (Bitcichain), and integration with Turkish banking on fiat rails. 

• No of currencies: ~30+ crypto assets, also many fan tokens and USDT / TRY trading pairs.
• KYC required: Yes
• Trading Fees: Maker ~0.20-0.25%, Taker somewhat higher depending on level.
• Deposit Fees: Varies; local bank transfers etc.
• Withdrawal Fees: Similar variability; fiat withdrawals require bank integration.
• Pros: Strong brand recognition in Turkey, good fiat integration with Turkish banks.
• Cons: Narrower crypto selection vs global exchanges.

Best Non-Custodial Wallet in Turkey of 2025

Non-custodial wallets offer far greater protection than custodial wallets with the very best security coming from hardware wallets.

Ledger Devices

Ledger signers allow you to remain in control of your assets thanks to their intuitive user design and best in class security. 

Ledger signers integrate with the Ledger Wallet app, an easy to use interface available on Windows, Mac, Linux, Apple or Android.

Better still, Ledger offers a number of different wallets each with its own value proposition. Chief among these is the Ledger Stax with its 3.7” E Ink touchscreen. The Ledger Flex is next in line, incorporating a slightly smaller 2.8” screen. The Ledger Nano Gen5 carries on the legacy of Ledger’s best selling Nano series. 

Best Crypto Wallet for Beginners for 2025

The best crypto wallet in Turkey is a subjective topic but there are certain factors that should determine your choice. Security, ease of use, interoperability, supported currencies, private key management and reputation should be at the top of your list.

Custodial options and software wallets can often be convenient, but hold more risk. Ledger signers combined with Ledger Wallet are just as convenient without compromising security.

Conclusion

Now that you’ve understood how to navigate crypto in Turkey, it’s also important to stay aware of the broader changes shaping the country’s digital future. Turkey’s central bank is building a digital version of the Lira (a “digital Lira”). They’ve now asked private companies, such as wallet apps and payment services, to help test it. This means people in Turkey may soon be able to pay or save money using an official digital Lira inside ordinary apps.

At the same time, Turkey remains one of the world’s fastest-growing crypto markets, driven by high inflation, strong retail participation, and increasing interest in blockchain-based apps. With this rapid growth comes a parallel rise in phishing attempts, malware, fake trading platforms, and security incidents. 

This reality means your long-term safety in crypto depends heavily on how and where you safeguard your assets. So, whether you’re buying Bitcoin for the first time, exploring DeFi apps, or simply looking for a stable place to store value, hardware wallets are your safest bet, especially in a market where security incidents and regulatory updates are common.

More importantly, your security is only as good as the wallet/signer you manage your crypto with. If keeping your money is important to you, investing in a Ledger Stax, Ledger Flex, or Ledger Nano Gen5 signer gives you ultimate control and seamless experience when managing your digital value. The foundation of all Ledger signers, their security model combined with a robust ecosystem has ensured that in over a decade of operation, none of them have ever been successfully hacked.

If you’re looking for more general information you can also read our ultimate guide to crypto in Turkey.

FAQ

What is the most secure type of crypto wallet?

The most secure wallets in Turkey are cold hardware wallets such as those made by Ledger. The high demand for cryptocurrency in Turkey makes it an attractive space for hackers to ply their unscrupulous trade. It’s therefore increasingly important that Turkish crypto holders take the maximum amount of precaution when storing their crypto wealth.

What is the best cryptocurrency wallet?

The best crypto wallet depends on your needs. Some people like to use more than one wallet. Many software wallets including Exodus and Backpack integrate with Ledger signers, so you can seamlessly switch assets from software wallet to hardware wallet. 

For everyday trading a custodial wallet may also be a necessity, but for safely storing crypto always revert back to your cold hardware wallet.

What is the best crypto cold wallet?

The best crypto cold wallet manufactured by Ledger and available in Turkey is the Ledger Stax.

Where to buy your Ledger device securely in Turkey?

You can buy a Ledger signer securely in Turkey at MediaMarkt, Teknosa, and Hepsiburada, Trendyol & Amazon through our official reseller River Teknoloji

In our series of Country Guides, Ledger Academy walks you through the steps of how to buy, sell, and hold crypto assets safely and securely in various jurisdictions across the globe.

We also take a look at other aspects of crypto like top crypto wallets in different regions, the regulatory landscape, the state of secure self custody, and any potential tax implications of owning crypto.

For similar guides covering other regions, check out our comprehensive crypto guides for Germany, Australia, and Brazil.