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Polymarket Expands to Turkiye as Prediction Market Volume Tops $20B a Month

Polymarket has entered the Turkish market through a Paribu integration, allowing users to trade blockchain-based prediction markets directly from the exchange.

Published by

Sneha Agrawal
Sneha Agrawal

Sneha Agrawal

Managing Editor (Block of Fame)
Expertise : Markets, Law, Politics, Commodities, Crypto, Forex
With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.
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Polymarket Paribu Partner to Enter Turkey

Polymarket:- In a major expansion update from leading prediction market platform Polymarket, it has announced its expansion into the Turkish market.

Polymarket is entering the region through a new integration with crypto exchange Paribu. With this, it will be allowing millions of users in the country to access prediction market contracts directly from the exchange. The integration marks country’s first locally accessible prediction market offering within a centralized crypto platform. Here’s how

Polymarket Partners With Paribu to Enter Turkey

Under the integration, Paribu users can access Polymarket directly through the exchange’s DeFi section without signing up for a separate account or connecting an external wallet.

As per its official press release, once users create a self-custodial wallet within Paribu, they can browse and trade available prediction market contracts from the app itself. All trades are executed and settled on-chain, while users retain full control over their assets.

With the integration now live, Paribu users have already begun accessing prediction markets covering topics. The contracts range from Bitcoin’s price and U.S. Federal Reserve interest-rate decisions to major geopolitical developments such as Strait of Hormuz conflict.

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The launch marks Polymarket’s latest international expansion even though it is facing CFTC probe for fake bets in the United States.

It also comes as it continues to face new competition such as Meta announcing its own prediction market app development.

Why is Polymarket Expanding in Turkey

For Polymarket, Turkey could represent one of the world’s fastest-growing digital asset markets.

Paribu serves around 7 million users, lists more than 220 cryptocurrencies, and has recorded daily spot trading volumes exceeding $100 million. This make Paribu one of Turkey’s largest crypto exchanges.

The company says

Polymarket’s expansion also comes at a time when Türkiye has emerged as one of the world’s most active crypto markets. According to Chainalysis, the country processed nearly $200 billion in cryptocurrency transactions in 2025. The adoption has been fueled by persistent inflation and the weakening Turkish lira

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Further, according to TRM Labs, the country has recorded approximately $40 billion in crypto trading volume during the first quarter of 2026, despite an 11% decline in global retail crypto activity over the same period.

The expansion also reflects Polymarket’s broader international strategy of partnering with established exchanges instead of relying solely on its standalone platform. Thus, by integrating into Paribu’s existing infrastructure, Polymarket gains immediate access to millions of users in a new market.

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About Author

Sneha Agrawal
Sneha Agrawal Sneha Agrawal
With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.

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