Oasis Network (ROSE) presents an innovative and secure Blockchain platform that focuses on privacy and scalability. This platform is ideal for developers and users in the decentralized finance (DeFi) sector, offering significant advantages over traditional Blockchain solutions. The network’s native currency, ROSE coin, plays a crucial role in facilitating transactions and staking, contributing to the overall network’s security and stability. In this article, we will address two commonly asked questions: What is Oasis Network (ROSE), and how can one purchase it using TRY?
Table of Contents:
1. What is Oasis Network (ROSE)?
2. How to Purchase Oasis Network (ROSE) with TRY?
3. How to Create an Account on Binance TR?
4. How to Verify Your Account on Binance TR?
5. How to Deposit TL on Binance TR?
6. How to Buy ROSE Coin with TL on Binance TR?
7. What is Binance TR?
What is Oasis Network (ROSE)?
Oasis Network is a Blockchain platform designed to support the development of decentralized applications (dApps) using smart contracts. Its unique features, including enhanced scalability, security, transaction fees, decentralization, and privacy, position it as a significant player in the DeFi revolution. Unlike Ethereum, Oasis Network’s scalability improves with the addition of more nodes, ensuring faster transactions and mitigating congestion issues. Moreover, the network prioritizes user security through advanced techniques and significantly lower transaction fees, making it a preferable alternative to Ethereum. Its commitment to privacy sets it apart from other Blockchains that do not emphasize user privacy to the same extent. The team behind Oasis Network, led by Dawn Song and comprised of experienced professionals from top companies and institutions, has been instrumental in its design and growth, bringing valuable expertise to the project. To stay updated on the latest technology news, visit NEWSLINKER.
How to Purchase Oasis Network (ROSE) with TRY?
Binance TR is the most suitable cryptocurrency exchange for Turkish investors looking to buy Oasis Network (ROSE). With Binance TR, you can quickly create an account and access over 100 cryptocurrencies, including ROSE, for buying and selling purposes. To purchase Oasis Network (ROSE) with TRY on Binance TR, follow the steps outlined below.
How to Create an Account on Binance TR?
Creating an account on Binance TR is a straightforward process. Visit trbinance.com and proceed to the “Create Account” step. In this initial step, you will be prompted to provide basic information such as your email address, phone number, name, date of birth, nationality, and identification number.
After entering all the requested information accurately, a verification process will be conducted via email/SMS to confirm your details. Once this process is complete, you will move on to the second step, which involves identity verification (KYC).
How to Verify Your Account on Binance TR?
Identity verification is a crucial security measure that must be completed before engaging in cryptocurrency trading and during the account creation process. You can choose to complete the verification process using your phone or via the official Binance TR website. Note that for website verification, you will need your mobile phone as well.
On the Binance TR website, hover over the “Profile” option at the top right corner, click on “Identity Verification and Limits” in the drop-down menu, and then select “Verify.” At this point, you will need to use your phone’s camera to scan the QR code that appears, continuing the process on your phone. If you are unable to scan the QR code, you can click on “Copy URL” to receive the identity verification address via SMS on your phone.
Upon entering the address on your phone or scanning the QR code, a screen will open, prompting you to tap on the “Identity” option to proceed. Then, a screen will appear where you can select the appropriate document type for verification. After selecting the document type, follow the instructions to upload clear photos of the front and back sides of your ID card or driver’s license. You will also need to scan your face using your phone’s front camera. Ensure that your face fills the camera area as much as possible.
Once you have completed all the steps accurately, your identity verification process will be finalized shortly.
How to Deposit TL on Binance TR?
Depositing Turkish lira (TL) into your Binance TR account is a simple process that can be done through any bank. You can deposit TL 24/7 and make uninterrupted transactions from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits up to 50,000 TL can be made 24/7 with FAST from other banks, while deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, visit trbinance.com, hover over the “Wallet” option at the top left of the homepage, and click on “Deposit” in the drop-down menu. On the page that appears, select your preferred bank to continue with the deposit process. If your bank is not integrated with Binance TR, choose the “Other Banks” option.
For example, if you select Vakıfbank, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. Use the provided information to transfer the desired amount from your bank account to your Binance TR account via transfer, EFT, or FAST.
Once your bank completes the transfer process, the funds will automatically appear in your Binance TR account wallet.
How to Buy ROSE Coin with TL on Binance TR?
After completing the deposit process, you can proceed to purchase ROSE coins using TL by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website. On the resulting page, use the search function on the right side to find “ROSE” and select the ROSE/TRY option to access the TL to ROSE purchase page.
Once on the ROSE trading page, enter the desired purchase price and the number of ROSE coins you wish to buy in the designated boxes marked in red. After entering the required information, click the “Buy ROSE” button to complete your purchase.
What is Binance TR?
Binance TR is the Turkish cryptocurrency exchange launched by Binance, the world’s largest cryptocurrency exchange in terms of trading volume. Established in 2020 and headquartered in Istanbul, 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 conveniently deposit and withdraw Turkish lira (TRY) through direct bank channels and trade a variety of cryptocurrencies with TRY trading pairs via Binance TR.
Binance TR provides users with access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functionalities.
Please note that the information contained in this article is not investment advice. Investors should be aware of the high volatility and risk associated with cryptocurrencies and conduct their own research.
