Btcturk Kripto Varlık Alım Satım Platformu A.Ş. (formerly Eliptik Yazılım ve Ticaret A.Ş.)
Compliance snapshot
- SPK transitional operating list (Geçici Madde 11, Law 6362) — final CASP licence not yet granted
- Lira-denominated markets account for nearly all volume
- Hot-wallet thefts in June 2024 (~USD 54m) and August 2025 (~USD 48m)
On the SPK transitional operating list rather than fully licensed, with two major hot-wallet thefts in 14 months and single-currency concentration.
Licenses & registrations
- TürkiyeRegisteredTransitional operating permission (Geçici Madde 11, Law 6362)Sermaye Piyasası KuruluSPKSPK operating list — Btcturk Kripto Varlık Alım Satım Platformu A.Ş.2025-03-27Verify at source
Reputation
Verified reputation data is unavailable
The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.
- Customer reviews
- Source needed. A direct review-platform source and collection date are needed.
- App Store & Google Play
- Source needed. Verified store listings and collection dates are needed.
- Press sentiment
- Source needed. A dated source set and calculation method are needed.
Recent press
- 2026-07-09BTCTurk completes licensing under new regimePositive
Reuters — The venue was among the first licensed Turkish operators.
- 2026-04-15Lira volatility drives domestic crypto volumesNeutral
Bloomberg — Local trading activity rose with currency swings.
- 2026-01-26Exchange details post-incident wallet controlsPositive
CoinDesk — Key-management changes since 2024 were published.
- 2025-10-30Turkish framework tightens capital rulesNeutral
Financial Times — Licensed operators faced higher own-funds requirements.
- 2024-06-24BTCTurk hit by hot-wallet theftNegative
Reuters — Roughly USD 54m was drained; the operator said customer balances were unaffected.
Incidents & enforcement
- 2025-08-14HackUSD 48,000,000
Roughly USD 48M in suspicious outflows from BtcTurk hot wallets across multiple networks; deposits and withdrawals were suspended during the investigation — the exchange's second major hack in 14 months.
- 2024-06-22HackUSD 54,000,000
Hot-wallet compromise across several chains; the operator stated customer balances were covered from its own funds.
- 2022-11-18Outage
Lira deposits paused for around four hours during a banking partner incident.
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Report an outdated licence, a missing incident or a wrong status. Every suggestion is checked against the official register before the profile is changed.
Profile last reviewed 27 Aug 2026 (2026-08-27)