If you’re looking for opportunities to make money online, you’ve probably considered Turkey, a beautiful country in the Middle East with a very high literacy rate. English isn’t even a part of the official curriculum, so there are plenty of opportunities for English speaking people to make some extra cash. One particularly interesting niche is cryptocurrency, and I’ll go into more detail below.
The Growth Of Bitcoin In Turkey
While the rest of the world was making headlines for the crypto-currency, Bitcoin, in Turkey. Bitcoin had already been around for more than a decade when Ethereum was just getting started, and many people there had already learned to value and save money in cryptocurrency. Thanks in large part to this, as well as the fact that Turkey has one of the highest rates of internet usage in the world, entrepreneurs have found a way to make money online in the country. With Google Play and the App Store largely unavailable, due to the country’s restrictive content policies, developers have turned to alternative methods of monetization, driving much of the growth of Bitcoin in Turkey.
In fact, as of September 2019, Bitcoin was the most popular cryptocurrency in Turkey, with a market size of over $12 billion. Ethereum, Monero, and Zcash also have a great deal of popularity in the country too, with market sizes of $2.3 billion, $955 million, and $866 million, respectively. Overall, cryptocurrency market dominance in Turkey was 82%.
It’s a pretty incredible story, and it just goes to show how much Bitcoin and other cryptocurrencies has actually taken over the world. Now, if you’re looking for a new place to invest your money, consider a crypto portfolio that you can build yourself online. Not only will you be able to access the markets that you want, but you’ll also have the security of keeping your money in an online wallet that you control.
If you’re looking to create a passive income stream, why not try cryptocurrency? For as long as anyone can remember, people have turned to various forms of “crypto-currencies” to help them avoid the control of big banks and the subsequent inflation that comes with relying on them. Thanks to the invention of Bitcoin in 2009, the world is now able to conduct all of its day-to-day financial transactions in a completely decentralized manner, which offers incredible security as well as a potential for enormous growth.
While traditional banks charge their customers to borrow money, all Bitcoin lenders charge their users for the use of their services. Currently, over 500,000 business locations around the world accept Bitcoin as a form of payment, with the vast majority of them being small and medium sized businesses. Since those businesses operate completely off the blockchain, meaning they don’t have to report any of their transactions to a central authority, it makes Bitcoin all the more attractive as a decentralized currency.
The Many Niches In Which You Can Make Money Online In Turkey
If you search Google for ways to make money online in Turkey, you’ll find a variety of suggestions, ranging from content creation to affiliate marketing to data entry and survey taking. While more traditional methods of monetization (such as selling and buying goods) still appeal to many there, since cryptocurrency is such a popular option among the growing number of netizens, opportunities for those looking to make money online in Turkey are nearly endless.
One of the best things about this option is how much flexibility it offers, because you can do almost anything with a cryptocurrency portfolio that you build yourself. For instance, if you had bought and sold Bitcoin numerous times over the years and have experience in that area, you could become a Bitcoin advisor and earn a commission off of people who are investing or thinking about investing. You could also become a freelancer and take on tasks for clients who want to implement or are already using Bitcoin.
As you can see, there are many different ways that you can make money online in Turkey, all which are virtually unlimited. All you need is a computer, an internet connection, and the will to learn. With the popularity of Bitcoin growing in the country and the flexibility that comes with owning and operating your own cryptocurrency portfolio, more and more people are realizing the many advantages of this option, and as a result, opportunities for those seeking to make money online are booming.