TRYB Issuances & Redemptions

All of your questions regarding TRYB issuances & redemptions are answered here.

What are the rules of issuing and redeeming BiLira?

The name / surname used to register with the BiLira Platform and the bank account information that is used to send TRY must be the same.

Can I cancel my TRYB redemption request?

After creating a “redemption” request on the "Redeem TRYB" page, you can see your TRYB redemption requests in the "History" section at the bottom of the tab.

How can I redeem TRYB?

There are two different ways to redeem TRYB.

When is my TRYB issuance completed?

After your bank transfer / EFT is completed and verified, the BiLira institution transfers your cryptocurrency to your wallet address or to your TRYB address registered to your cryptocurrency exchange accounts.

How can I issue TRYB?

The easiest way to issue TRYB is to request an issuance on the BiLira Platform.

Can I deposit TL using a credit card or ATM?

Currently, you can only deposit funds from your bank account through a money order / EFT.

How can I transfer TRYB to FTX free of charge?

BiLira, a stablecoin pegged to the Turkish Lira, has been listed on FTX, one of the largest cryptocurrency exchanges in the world, for a while.