BiLira Review 2026
Learn more about TU’s methodology
- No
- Web platform
- Mobile application
- Instant cryptocurrency purchases at market price, operations without leverage
Our Evaluation of BiLira
Learn more about TU’s methodology
BiLira is a high-risk cryptocurrency exchange with the TU Overall Score of 2.45 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by BiLira clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
How we tested BiLira
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at BiLira
BiLira is a Turkish fintech company that has operated since 2019. It became one of the first platforms to apply to the CMB, the Capital Markets Board of Turkey, for a license to conduct crypto operations. BiLira issues the TRYB stablecoin, which is pegged to the Turkish lira at a 1:1 ratio and backed by reserves held in Turkish banks. This backing is confirmed by regular audits conducted by independent third parties. TRYB operates across six blockchain networks, including Ethereum, Avalanche, and Solana. The company states that it follows high standards of transparency, security, and regulatory compliance. BiLira does not use client assets for its own operations and stores funds using hot wallets and multisignature solutions.
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- Compliance with Turkish legislation and FinTech standards.
- Access to buying and selling popular altcoins, as well as newly listed crypto assets.
- The proprietary TRYB token is backed by the Turkish lira at a 1:1 ratio.
- Secure asset storage using multisignature wallets and hot storage with access control.
- Regular audits, with transparency ensured through independent reviews and published reports.
- Limited availability for foreigners. Non-residents of Turkey must complete verification in person.
- A relatively small selection of cryptocurrencies.
- The platform does not offer leveraged trading.
TU Expert Verdict
Chief Analytics Officer
BiLira is a Turkish fintech platform offering cryptocurrency trading and instant purchases through a web platform and mobile application, with TRYB stablecoin support pegged to the Turkish lira. Users can access buying and selling for selected altcoins and new crypto assets, and the exchange enables deposits and withdrawals in both cryptocurrencies and Turkish lira. BiLira states that client assets are stored using multisignature hot wallets, and TRYB reserves are subject to independent audits. The platform imposes no minimum deposit, applies KYC verification, and groups assets for easier selection.
Notable drawbacks include the absence of government regulation, in-person verification for non-residents, a limited asset selection, and no leveraged trading. Cold wallet storage is not mandatory, and there is no investor protection fund, which may concern risk-focused users. BiLira may not be suitable for those prioritizing broad market access or strong regulatory oversight.
BiLira Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Web platform and BiLira Kripto mobile applications (Android, iOS) |
|---|---|
| 📊 Accounts: | BiLira Account (Standard, VIP 1, VIP 2) |
| 💰 Account currency: | TRY, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, bank cards, and bank transfers |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | Spot: Not supported%-Not supported% |
| 🔧 Instruments: | Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Instant cryptocurrency purchases at market price, operations without leverage |
| 🎁 Contests and bonuses: | Yes |
Deposits and withdrawals are available for 19 cryptocurrencies and Turkish lira. TRY withdrawals are made to a bank account registered in the client’s name. The minimum withdrawal amount is TRY 10. Withdrawals to Vakıfbank, Ziraatbank, İşbank, and Fibabanka, as well as transfers of up to TRY 100,000 to accounts at other banks, can be processed instantly on a 24/7 basis. The trading platform provides access to cryptocurrencies grouped into the categories New Listings, Top Traded, and Popular. This helps users better navigate asset selection when buying and selling.
BiLira Key Parameters Evaluation
Regulation and Safety
BiLira received a score of 3.25/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- 2FA
- No successful hacks history
- Cold wallet storage is not mandatory
- Not government-regulated
BiLira Security Factors
We also compared BiLira against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| BiLira | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | Yes |
| Cold wallet storage | No | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is BiLira a regulated crypto exchange?
BiLira is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean BiLira is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at BiLira?
Yes, KYC verification is mandatory at BiLira. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is BiLira available in the USA?
BiLira is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
BiLira commissions and fees
BiLira received a 7/10 score for its trading fees. While BiLira is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are BiLira trading fees?
We analyzed BiLira’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
BiLira trading fees vs competitors
| BiLira | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | Not supported | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | Not supported | 0.22 | 0.2 | 0.194 |
What are BiLira deposit and withdrawal fees?
| Deposit fee, % | Not specified |
| Withdrawal fee, % | Not specified |
Does BiLira offer P2P trading?
No, BiLira does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
BiLira received a 4/10 rating for its deposit and withdrawal services. BiLira offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- No support for bank card payments
- No Google Pay option
Deposit and withdrawal options
BiLira supports the following deposit and withdrawal options: Bank transfers, Crypto.
BiLira Deposit and withdrawal options vs competitors
| BiLira | Kraken | OKX | |
| Bank transfers | Yes | Yes | No |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | No |
What is BiLira minimum deposit?
The minimum deposit at BiLira is - USD/USDT or - BTC. The minimum trade size is - USD/USDT, which also serves as the minimum amount required to start trading on the platform.
BiLira minimum deposit vs competitors
| BiLira | Kraken | OKX | |
| Minimum deposit, USD or USDT | - | 10 | 10 |
| Minimum deposit, BTC | - | 1 | 5 |
| Minimum trade amount, USD/USDT | - | 1 | 1 |
Does BiLira support fiat money?
BiLira supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
BiLira received a score of 1.5/10 in this category, indicating a modest offering of assets and markets. While BiLira covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Copy trading not available
- Only - supported coins
BiLira supported coins and markets vs competitors
We compared BiLira with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| BiLira | Kraken | OKX | |
| Supported coins | - | 278 | 329 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | Yes |
| NFTs | No | Yes | Yes |
BiLira passive income options vs competitors
We also compared BiLira with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
| Foundation date | 2019 |
|---|---|
| Registration address | Esentepe Mah. Kore Şehitleri Cad. İstanbloom No:16/1 - BB:33, 34394, Şişli / İSTANBUL |
| Official site | https://www.bilira.co/ |
| Contacts |
+90 (212) 892 18 19
|
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