Origin Token (OGN) is an Ethereum-based platform that merges NFTs and decentralized finance (DeFi) to offer users unique experiences and opportunities. The goal of Origin Token is to make NFTs and DeFi more accessible to the general public by providing user-friendly platforms for NFT issuance and stablecoin-based passive income. This article aims to address two common questions: What is Origin Token (OGN), and how can one purchase Origin Token (OGN) using TRY?
Contents
What is Origin Token (OGN)?
How to Purchase Origin Token (OGN) with TRY?
How to Create an Account on Binance TR?
How to Verify an Account on Binance TR?
How to Deposit TL on Binance TR?
How to Buy OGN Coin with TL on Binance TR?
What is Binance TR?
What is Origin Token (OGN)?
Initially, Origin Token was an e-commerce platform that later shifted its focus to NFTs and DeFi. The platform comprises two main elements: NFT Launchpad and Origin Dollar (OUSD). Through these components, Origin Token enables creators and users to engage with NFTs and DeFi in innovative ways, offering more control and accessibility to cryptocurrencies and financial opportunities. Visit COINTURK FINANCE for the latest financial and business news.
NFT Launchpad is Origin Token’s marketplace for NFT issuance, designed to streamline the process for creators and provide unique experiences for users. Creators have the flexibility to customize their showcases, pricing models, and content to offer a diverse range of digital products, collectibles, and experiences. This platform aims to democratize NFT creation and ownership, allowing creators to directly connect with their audiences and monetize their work in new ways.
Origin Dollar (OUSD) represents Origin Token’s entry into the DeFi ecosystem, offering users a stablecoin pegged 1:1 to the US dollar with the added benefit of passive income. Unlike traditional stablecoins, OUSD holders can earn yields directly from their wallets without the need to stake or lock their funds. This passive income is generated through the automatic rebalancing of funds across various lending protocols, enabling users to seamlessly participate in yield farming.
The governance of the Origin Token ecosystem is overseen by the OGN coin, ensuring transparent auditing and development of the platform. OGN coin holders play a role in the governance process, ensuring that the platform evolves according to the community’s needs and priorities. This governance model fosters a collaborative environment where users can actively engage in shaping the future of Origin Token.
Origin Token offers users various benefits, such as enhanced control over NFT creation and ownership, simplified access to DeFi opportunities, and passive income with OUSD. By integrating NFTs and DeFi on a single platform, Origin Token aims to democratize access to cryptocurrencies and financial services, empowering both creators and users.
How to Purchase Origin Token (OGN) with TRY?
Binance TR is the ideal cryptocurrency exchange for Turkish investors looking to buy Origin Token (OGN). On Binance TR, which allows for quick account creation, users can buy and sell over 100 cryptocurrencies, including OGN. To purchase Origin Token (OGN) with TRY on Binance TR, follow the steps below.
How to Create an Account on Binance TR?
Creating an account on Binance TR is straightforward. Visit trbinance.com and proceed from the “Create Account” step. In the initial account creation step, you will need to input basic information such as your email address, phone number, name, date of birth, nationality, and T.C. identity number.
After entering the required information accurately, email/sms verification will be conducted to confirm the details. Subsequently, you will move on to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?
Identity verification on Binance TR is a crucial security measure that must be completed before engaging in cryptocurrency trading or during account setup. This verification process is essential for safeguarding both the user and the cryptocurrency exchange. You can verify your identity via your phone or the official Binance TR website.
To verify your identity on the Binance TR website, hover over the “Profile” option at the top right, select “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” Follow the instructions to scan the QR code with your mobile phone camera and continue the process on your phone. If you encounter issues with scanning the QR code, you can opt to receive the verification address via SMS.
Upon entering the address on your phone or scanning the QR code, a screen will appear prompting you to tap on the “Identity” option. Follow the subsequent steps to select the appropriate document type, upload the front and back sides of the document, and take a selfie for verification. Ensure that all images are clear and easily readable.
After completing these steps accurately, your identity verification process will be finalized promptly.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from various banks. You can make deposits around the clock from Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, Türkiye Finans accounts without interruption. Deposits up to 50,000 TL can be made 24/7 via FAST from other banks, while 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 on the homepage, and select “Deposit” from the drop-down menu. Choose your preferred bank to initiate the deposit process, or click on “Other Banks” if your bank is not integrated with Binance TR.
For example, if you select Vakıfbank, you will be provided with an account name and IBAN address for the transfer. Use this information to transfer the desired amount to your Binance TR account via transfer, EFT, or FAST.
Once your bank completes the transfer, the funds will be automatically reflected in your Binance TR account wallet.
How to Buy OGN Coin with TL on Binance TR?
After completing the deposit process, you can proceed to purchase OGN coin with TL by selecting the “Buy-Sell” option on the Binance TR website.
Navigate to the search section on the right side, type “OGN,” and select the OGN/TRY option to access the OGN purchase page with TL.
On the OGN trading page, input the desired price and quantity of OGN you wish to purchase. Complete the purchase by clicking the “Buy OGN” button.
What is Binance TR?
Binance TR, launched in 2020, is the official platform of Binance, the world’s largest cryptocurrency exchange by trading volume, dedicated to Turkish cryptocurrency investors. Located in Istanbul, Binance TR utilizes Binance’s technology, security features, and liquidity provided by the Binance Cloud infrastructure to offer fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can easily deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs on Binance TR.
Users on Binance TR have access to market-leading spot trading liquidity, a robust matching engine, advanced security measures, custody solutions, and risk controls provided by Binance’s core functions.
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Disclaimer:
The information provided in this article is not investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and conduct their own research before investing.