Some withdrawals made by Turkish users from the cryptocurrency exchange Binance TR to their bank accounts appeared as rental income on the e-Government platform, causing confusion among users.

In their posts on X, users state that even if they lose money in cryptocurrency transactions, when they withdraw money, the withdrawals appear as rental income in the system.

While the debate and uncertainty regarding the withdrawal of Binance TR users, the Turkish arm of Binance, continues, a statement came from Binance TR:

“Dear Users,

We are aware of the confusion regarding tax information regarding crypto investments. We would like to state that this situation is not caused by our platform. We are in contact with the relevant institutions to clarify the issue.

We will share the developments with you. Thank you for your understanding.”

The statement by the Revenue Administration is as follows:

Değerli Kullanıcılarımız,

Kripto yatırımlarıyla ilgili vergi bilgilendirmeleri konusunda yaşanan karışıklıkların farkındayız. Bu durumun platformumuzdan kaynaklanmadığını belirtmek isteriz. Konunun açıklığa kavuşması için ilgili kurumlarla iletişim halindeyiz.

Gelişmeleri… pic.twitter.com/zAOqRorDHV

— Binance TR (@BinanceTR) February 28, 2025

*This is not investment advice.