Bitexen review
Bitexen is the smallest Turkish platform we rank and the most straightforward to price. Makers pay 0.15 percent and takers 0.25 percent, flat, with no volume ladder to climb. Trading more does not make it cheaper.
That suits a particular buyer. Against Paribu, whose lira rates start at 0.25 to 0.35 percent and only fall with volume and account age, a flat 0.15 percent maker fee is better from your first trade. Against Binance TR at 0.1 percent maker, it is not. The one lever available is the exchange's own EXEN token: holding at least ten of them enrols you in a commission rebate whose rate scales with the amount held, which is a discount you buy rather than earn.
Lira withdrawals cost a flat three lira, a trivial amount by design, and verified accounts can move up to 500,000 lira a day and 2,500,000 a month.
It filed with the Capital Markets Board under the 2024 crypto law and appears on the board's transitional list of operating platforms. Turkey's June 2025 anti-money-laundering rules apply here as everywhere: a 48-hour wait before a crypto withdrawal, 72 hours on the first.
- Founded
- 2018
- Headquarters
- Istanbul, Turkey
- Fees
- A flat 0.15 percent maker and 0.25 percent taker with no volume ladder. Lira withdrawals cost three lira.
- KYC
- Required
- Payment methods
- FAST instant transfer, Havale/EFT
- Status
- Operating
How you can pay on Bitexen
Every deposit rail Bitexen supports in at least one market.
- Domestic bank rail
- FAST instant transferHavale/EFT
As published by Bitexen: Havale/EFT, FAST instant transfer.
Pros and cons
What works
- A flat 0.15 percent maker fee that beats Paribu's entry rate from the first trade
- Pricing with no ladder and no tier to qualify for, so the rate you see is the rate you pay
- Lira withdrawals cost a flat three lira rather than a percentage
- On the Capital Markets Board's transitional list, filed under the 2024 crypto law
What to watch
- No volume discount at all, so an active trader pays more here than on a laddered rival
- The only fee reduction available requires buying and holding the exchange's own EXEN token
- The smallest of the Turkish platforms we rank, so lira order books are thinner
Fees in detail
- maker
- 0.15 percent, flat
- taker
- 0.25 percent, flat
- spread note
- There is no volume discount. The only reduction available comes from holding the exchange's EXEN token, which enrols you in a commission rebate.
- deposit note
- Lira funding by Havale, EFT and the FAST instant transfer rail. Verified accounts move up to 500,000 lira a day.
- withdrawal note
- Lira withdrawals cost a flat three lira. Crypto withdrawals are subject to Turkey's 48-hour holding rule.
Where we recommend Bitexen
Countries where Bitexen ranks in our local guide. Availability beyond these is possible but unverified by us.
TurkeyFrequently asked questions
What does Bitexen charge?
A flat 0.15 percent to makers and 0.25 percent to takers, with no volume ladder. Lira withdrawals cost three lira. That beats Paribu's entry rate from your first trade and sits above Binance TR's 0.1 percent maker.
How does the EXEN rebate work?
Holding at least ten EXEN, the exchange's own token, enrols you in a commission rebate whose rate rises with the amount held. It is a discount you buy rather than earn through volume, and it means holding an exchange token to get a better price on the exchange.
Is Bitexen licensed in Turkey?
It has filed with the Capital Markets Board under the 2024 crypto law and appears on the board's transitional list of operating platforms. That list shows who is operating during the changeover rather than who has been approved; no Turkish platform holds a final licence yet.