The loan fee is worth £1.5m, but there's no obligation to make the deal permanent, as Liverpool look to shore up their defence in order to get their title challenge back on track, that sees them four points behind leaders Manchester City.
Speaking to LiverpoolFC.com, Kabak said it's the one club he's always wanted to play for.
"Liverpool was my childhood team, so I always wanted to come to this club, to play at this amazing stadium, in front of these amazing fans. So it's a dream for me. Now the dream comes true.
"I watched ex-Liverpool players a lot of times, like (Steven) Gerrard and Sami Hyypia. I know there's a lot of legendary players."
Time will tell if he gets to play alongside Virgil van Dijk, but Kabak admits that he can't wait to meet him, and even has a signed shirt of him on his wall at home.
"Virgil van Dijk is, I think, the best centre-back in the world at the moment," he said.
"The last three or four years he's always been at his best. He's strong, he's so fast, he's clever. So that's why I see him as an idol. I want to meet with him as soon as possible, to be honest."
One tournament Kabak is particularly excited to feature in is the Champions League - a tournament he last featured in as an 18-year-old for Galatasaray.
"I played with Galatasaray I think four or five times. I miss the song and the atmosphere a lot. I'm so happy and so excited to play and hear the song."