Turkish football club pays new signing in Bitcoin

Published January 31, 2018
Photo — Yeniakit
Photo — Yeniakit

A Turkish amateur league football club has transferred a player by paying him with Bitcoin, in what the club chairman said is the first signing of a player in cryptocurrency.

Harunustaspor chairman Haldun Sehit told Turkey's state-run Anadolu Agency late Tuesday that the club paid player Omer Faruk Kiroglu 2,000 Turkish liras worth of Bitcoin (0.0534 Bitcoin) in addition to 2,000 Turkish Lira ($540).

Sehit told Anadolu the club decided to sign Kiroglu with the cryptocurrency to make the team known “in Turkey and the world.” Sehit said: “God willing, Bitcoin will bring us the championship.”

The club competes in the first division of Sakarya's Amateur League.

Bitcoin, the world’s most popular virtual currency, allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties.

It has a fuzzy history, having been used by hackers to demand ransom and for the purchase of illegal drugs online. But recently it’s become more popular with a different crowd: speculative investors.

Opinion

Editorial

Balochistan tragedy
Updated 26 May, 2026

Balochistan tragedy

The state keeps reiterating the role of hostile foreign actors in fomenting unrest, yet seems to be short on ideas on how to prevent the ingress of such actors and their ideologies in Baloch society.
Economic engagement
26 May, 2026

Economic engagement

AN array of investment MoUs valued at $7bn signed during Prime Minister Shehbaz Sharif’s China visit signifies...
Flotilla abuse
26 May, 2026

Flotilla abuse

THE testimonies that have emerged from international activists, who were part of a Gaza-bound flotilla, paint a...
In chains
Updated 25 May, 2026

In chains

THE question should never be about who is at the receiving end at any given point in time: an assault on an...
Climate shocks
25 May, 2026

Climate shocks

THE latest State Bank report documenting recurring climatic disasters in Pakistan during the period between 2000 and...
Justice deferred
25 May, 2026

Justice deferred

PAKISTAN’S courts are quick to remind the public that justice takes time. Increasingly, however, it is the conduct...