Binance TR Announces the Launch of a Waiting Period for Bitcoin and Altcoin Investments! Here Are All the Details Users Need to Know…

As regulations regarding cryptocurrency transactions continue in Türkiye, exchanges are announcing new criteria that investors must follow in order to comply with these regulations.

At this point, the final statement came from Binance TR, the Turkish arm of Binance.

According to the official statement from Binance TR, Binance TR announced the new regulations that came as part of the new obligations introduced by the Financial Crimes Investigation Board General Communiqué (Sequence No: 29) and MASAK, published in the Official Gazette on June 28, 2025.

Accordingly, Binance TR announced that a waiting period has been introduced for all new crypto asset investments or purchase/sale transactions as of 15:00 on July 4, 2025, in order to increase user security and ensure full compliance with legal obligations.

Balances resulting from cryptocurrency transactions made after the specified date will be subject to a 72-hour waiting period.

After the first cryptocurrency withdrawal transaction made by users who have completed the 72-hour waiting period, the waiting period for other assets in their account and subsequent crypto investments will be 48 hours.

“As of 15:00 on July 4, 2025, a 72-hour waiting period will be applied for the withdrawal of cryptocurrency balances currently in the user’s account.

After this date and time, all new crypto asset investments made to the user account or crypto currency balances resulting from purchase/exchange transactions will also be subject to a 72-hour waiting period.

After the first cryptocurrency withdrawal or transfer transaction made by the user after the 72-hour waiting period, the waiting period will be updated to 48 hours for withdrawals made for other cryptocurrencies in the user’s account or for each new cryptocurrency added to the user’s account.

Binance TR stated that Turkish Lira (TRY) deposits and withdrawals will not be subject to a waiting period and will continue at their current speed.

Binance TR recently added that since transactions made via Binance TR to crypto asset wallets matching the user’s Turkish ID number are already compliant with the Travel Rule, crypto asset withdrawal transactions made through this channel will be exempt from the waiting period.

*This is not investment advice.