Enjin Coin (ENJ) is a revolutionary protocol designed to utilize Blockchain technology on the Ethereum Blockchain for the creation and management of virtual goods. This article aims to address two common queries: What exactly is Enjin Coin (ENJ) and how can one purchase Enjin Coin (ENJ) using Turkish Lira (TRY).
Content:
What is Enjin Coin (ENJ)?
How to Purchase Enjin Coin (ENJ) with TRY?
How to Register on Binance TR?
How to Verify Your Account on Binance TR?
How to Deposit Turkish Lira on Binance TR?
How to Buy ENJ Coin with Turkish Lira on Binance TR?
What is Binance TR?
Enjin Coin is a protocol that seeks to streamline the creation and management of virtual goods through Blockchain technology on the Ethereum platform. It offers developers the necessary tools to easily produce and integrate digital assets, tackling issues like high fees and fraud when transferring in-game items and collectibles.
Enjin Coin provides software development kits (SDKs) that empower developers to generate and handle digital assets on the Ethereum Blockchain. These SDKs allow developers to mint customizable assets and register them on smart contracts, taking advantage of cryptocurrency benefits such as speed, cost-efficiency, and security.
At the core of the ecosystem lies the ENJ coin, the primary network asset. Each in-game item formed on the Enjin Coin platform is assigned a value in ENJ coin, establishing a unified currency for transactions within the gaming community.
The main purpose of Enjin Coin is to enable users to oversee and store virtual goods for games, ranging from in-game currencies to tokens representing exclusive game items. Enjin Coin facilitates the creation, exchange, and removal of these items through a simplified process.
Enjin Coin offers a native smart wallet that acts as a central hub for users to store and trade their digital assets. This wallet allows users to assess their inventory across multiple games, trade with other users, and sell digital products for ENJ coin, enhancing accessibility and liquidity within the Enjin Coin ecosystem.
How to Purchase Enjin Coin (ENJ) with TRY?
Binance TR is the ideal cryptocurrency exchange for Turkish investors looking to buy Enjin Coin (ENJ). On Binance TR, where account creation is swift, over 100 cryptocurrencies, including ENJ, can be purchased and sold. Follow these steps to acquire Enjin Coin (ENJ) using TRY on Binance TR.
How to Register on Binance TR?
Creating an account on Binance TR is a simple process. Visit trbinance.com and proceed from the “Create Account” section. During the initial account setup, you will be required to input basic details like email address, phone number, name, date of birth, nationality, and T.C. identity number.
After entering the requested information accurately, an email/SMS verification will be conducted for confirmation. Once this step is completed, you will advance to the second phase, identity verification (KYC).
How to Verify Your Account on Binance TR?
Identity verification on Binance TR is a crucial security step that must be completed before engaging in cryptocurrency trading and during account setup. This process is essential to safeguard both the user and the cryptocurrency exchange. You can opt to complete the verification process via your phone or the official Binance TR website. Note that you will need your mobile phone for identity verification on the website.
On the Binance TR website, hover over the “Profile” option at the top right, select “Identity Verification and Limits” from the dropdown menu, and then click on “Verify”. Subsequently, you will need to scan the QR code displayed using your phone’s camera and proceed with the process on your phone. If you are unable to scan the QR code, click on “Copy URL” to send the identity verification link to your phone via SMS.
When you input the link on your phone or scan the QR code, a screen similar to the one below will appear on your phone. From here, tap on the “Identity” option to continue.
Then, a screen like the one below will emerge. To proceed with the verification process, first select the document type that suits you.
Upon selecting the document type, proceed by tapping on the “Upload front side” option. After capturing a photo of the front side of the document as per the document type selected, tap on the “Upload back side” option to snap a photo of the back side of the document and upload it. Ensure that the images are clear and the information in the photos can be easily read. After capturing photos of the front and back sides of your ID card or driver’s license, proceed by tapping on the “Selfie” option. Your phone’s front camera will activate at this point, and you will be required to scan your face. Ensure your face fills the camera area as much as possible.
Upon accurately completing all these steps, your identity verification process will conclude promptly.
How to Deposit Turkish Lira on Binance TR?
Depositing Turkish Lira into your Binance TR account is straightforward. You can deposit and trade TL at any time using Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. For other banks, you can deposit up to 50,000 TL round the clock using FAST. Deposits exceeding 50,000 TL from other banks are processed during EFT hours.
To deposit funds into your Binance TR account, visit trbinance.com, hover over the “Wallet” option at the top left of the main page, and click on the “Deposit” option from the dropdown menu.
Subsequently, a page akin to the one below will appear, enabling you to continue the deposit process by selecting your preferred bank. If your desired bank is not integrated with Binance TR, opt for the “Other Banks” option.
In the example provided, we will demonstrate using Vakıfbank, but the process is identical for all other banks. Upon selecting the Vakıfbank option, you will be presented with an account name and IBAN address for making transfers, EFT, or FAST to the bank. Simply transfer the desired amount to your Binance TR account using the details shown on the bank’s page.
Once your bank finalizes the transfer, the funds will be automatically reflected in your Binance TR account wallet.
How to Buy ENJ Coin with Turkish Lira on Binance TR?
Following the deposit process, proceed to purchase ENJ coin using Turkish Lira by clicking on the “Buy-Sell” option located in the top left menu on the Binance TR website.
Upon selecting this option, the page shown below will appear. Input “ENJ” in the search field on the right side of the page and select the ENJ/TRY option from the results to access the TL to ENJ purchase page.
Subsequently, the ENJ trading page will open. In the section highlighted in a red box, input the price at which you wish to purchase ENJ in the first box and the quantity of ENJ you desire in the second box. Upon entering the amount, finalize your purchase by clicking the “Buy ENJ” button.
What is Binance TR?
Binance, the leading cryptocurrency exchange globally in terms of trading volume, officially introduced Binance TR for cryptocurrency investors in Turkey in 2020. Located in Istanbul, the cryptocurrency exchange can be accessed at trbinance.com.
Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services, leveraging Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish Lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users benefit from Binance’s core functionalities, gaining access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls through Binance TR.
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Disclaimer:
The information presented in this article is not to be construed as investment advice. Investors should recognize the high volatility and associated risks of cryptocurrencies and conduct thorough research before making investment decisions.
