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Exchange ETH to TL | Step by step guide to converting Ethereum to Lira easily

Whether you are a resident in Turkey or want to have a stopover, you’ll definitely need to buy Turkish Lira. Many users have trouble finding and buying Turkish Lira at its best rates. Nonetheless, one of the easiest ways for buying Turkish Lira free of hassle is through converting cryptocurrencies, for instance ETH to TL.

Exchange ETH to TL | Step by step guide to converting Ethereum to Lira easily
PayPax Crypto Payment Gateway

As the world’s second largest crypto asset, many crypto investors and traders choose to buy Ethereum, hold it in their crypto wallet or invest in it. That’s why converting ETH to TRY could be a suitable option for crypto investors who live in or want to travel to Turkey. In order to easily convert Ethereum to TL you’ll definitely be in of a reliable payment platform to bring you convenience to easily convert your crypto assets to other major crypto and fiat currencies like Turkish Lira. Here is how you can easily convert your Ethereum to Lira on PayPax.

Exchange ETH to TL easily 

Exchanging ETH to TL might not not sound easy at first sight to those users who have experienced it in a traditional way. Suppose that you have a friend in Turkey who you want to send Ethereum to in the form of Turkish Lira. The first step is for you to sell your Ethereum holdings to someone in exchange for US Dollars. Next, you’ll have to find the best Turkish Lira rates and convert your USD to TL. Finally, you’ll have to ask for the person’s bank account number and go through the tedious process of wire transfer to send them the money.

However, there is also an easier approach to converting Ethereum to TL and that is to do it by getting help from a third party or payment processor. An all-in-one financial service will make you free of going through all the tedious procedures that were mentioned above. A payment provider will also cut down on your expenses by eliminating the intermediaries and bringing you the most cost-effective fees for your ETH to TRY conversions. 

eth to tl

Best platform to exchange ETH to TRY

While searching for the best ETH to TRY platform there are certain criteria you need to mull over. The first and foremost is the convenience and instance in terms of use and user agreement. A platform that is convenient is not only well-designed, but also user-friendly in all aspects. PayPax is an extremely user-friendly platform available in both web and mobile design (for both Android and IOS). PayPax's large user-interface has made it an ultimate option of many users world-wide for their Ethereum to Turkish Lira and other fiat and crypto conversions. 

PayPax is not only an online exchange but also an all-in-one payment solution that will make you free of using  multiple services for your various financial needs. What’s more is using PayPax you can not only convert your Ethereum to TRY but also receive extra referral bonuses by asking your friends to join in through your link. 

Ethereum to TL fees on PayPax 

Ethereum to TL fees are another important factor that you need to consider before starting to exchange your ETH to TL. Many services will charge you with additional marked up or hidden fees you might not be aware of. However, PayPax ensures you that all fees are crystal clear and there are no hidden or additionally marked up fees. Also, you’ll get to compare and contrast PayPax ETH to TRY fees with other options in the market to be able to choose the best option that is customized for yourself. The table below shows the exact fees for your Ethereum to TRY fees on PayPax: 

ETH deposit 0 ETH
TL bank Withdraw 0.5%
TL cash withdraw 0.5%
Storing ETH 0
Storing TL 0

How to convert Ethereum to Turkish Lira?

In order to exchange Ethereum to Turkish Lira, first you need to create an account on PayPax. Next, login to your dashboard and follow the rest of the procedures.

Deposit Ethereum

1Deposit Ethereum

In order to exchange ETH to TL, first you need to choose the wallet icon from the left menu of your dashboard and choose “deposit” next to Ethereum in order to top up your PayPax Ethereum wallet.

Sell Ethereum

2Sell Ethereum

Next, you need to go to the “buy/sell” section again from the left menu of your dashboard and sell your Ethereum for USD Dollars. Choose Ethereum in the first and USD in the second field and enter the amount you wish to sell.

Convert USD

3Convert USD

On the final step, you’ll need to convert USD Dollars to Turkish Lira. For that purpose, go to the wallet section on the left menu of your dashboard once more and click “convert” next to USD. choose TL as your desired currency and click “confirm and convert”. Note that the minimum amount for your USD to TRY conversion is 1000 TL.

Withdraw Turkish Lira

4Withdraw Turkish Lira

On the final step, you need to visit the wallet section once more and click “withdraw” next to TL. you can either choose to receive TL in your bank account or to get it in the form of cash from our business counterparts.

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