The major cryptocurrency exchange Binance is hiring staff for its Turkey office according to latest reports and job postings on the professional social media platform LinkedIn. The exchange has listed a total of five open positions on its LinkedIn company page as of December 6 – seeking to establish a local presence in the capital of Turkey, Istanbul.
The company is seeking managerial roles for its finance, compliance, marketing and PR divisions. The CEO of the exchange Changpeng Zhao recently detailed the plans for the move to Turkey in an interview with a crypto news site.
He described Turkey as “a vibrant country that has illustrated one of the strongest demands and fast-growing interest in crypto,” and added that Binance is hiring staff of 10 to 20 people. Zhao also stated that Binance will soon add direct Turkish Lira bank transfers to the platform.
In an interview before this, the head of Binance noted that the exchange is right now taking regulatory issues very seriously. This is reflected in their search for a compliance officer, too. Speaking of, the local compliance officer will assist the Binance Turkey team “in all compliance and regulatory matters with international regulatory bodies including supporting for registrations,” as the job posting shows.
Media outlets before this reported that on November 15, Binance added support for the Turkish lira and Bitcoin (BTC), Ripple (XRP) and Ethereum (ETH) trading pairs with the local digital wallet partner Papara. Now that Binance is hiring in its Turkey office, we could expect an expansion soon there as well.
Recently, the exchange also added four trading pairs for the Russian ruble including Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and Binance Coin (BNB). The team also acquired the decentralized app information startup DappReview, which said that the platform’s independence will not be compromised by the acquisition.
The Binance news lately have shown many developments. With the latest update being that Binance is hiring new staff for its Turkey office, it is safe to say that the exchange is among the leaders on an international level.
Meanwhile, the native token of the exchange Binance Coin (BNB) is still struggling at a price of $15.54 with a 0.90% drop over the past 24 hours.
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