Biswap, an exchange platform operating on the BNB Smart Chain, offers users a decentralized and cost-effective way to swap tokens. Setting itself apart with its unique features such as a referral program, farming, and an NFT marketplace, Biswap stands out by not holding user funds and distributing rewards through its BSW coin. To access all of Biswap’s features, users can connect their MetaMask wallets to the BNB Smart Chain. In this article, you will find answers to two commonly asked questions: What is Biswap (BSW), and how can you buy Biswap (BSW) with TRY.
Table of Contents
1. What is Biswap (BSW)?
2. How to Buy Biswap (BSW) with TRY?
3. How to Open an Account on Binance TR?
4. How to Verify an Account on Binance TR?
5. How to Deposit TL on Binance TR?
6. How to Buy BSW Coin with TL on Binance TR?
7. What is Binance TR?
What is Biswap (BSW)?
Biswap is a decentralized exchange (DEX) that operates on the BNB Smart Chain. It provides users with a platform to swap tokens quickly and affordably. Biswap offers a range of products and services, including trading, farming, launch pools, an NFT marketplace, trading competitions, and an NFT game. Unlike centralized exchanges, Biswap does not hold user funds, ensuring a secure option for cryptocurrency investors. Users can earn rewards through a referral program, provide liquidity for passive income, stake tokens in farming and launch pools, and participate in NFT trading and staking. The platform’s main network asset, BSW, serves as an integral part of the Biswap ecosystem, facilitating platform activities and serving as a reward for network participation.
How to Buy Biswap (BSW) with TRY?
For Turkish investors looking to buy Biswap (BSW), Binance TR is the most suitable cryptocurrency exchange. After creating an account, users can quickly buy and sell over 100 cryptocurrencies, including BSW. Follow these steps to buy Biswap (BSW) with TRY on Binance TR.
How to Open an Account on Binance TR?
Opening an account on Binance TR is a straightforward process. Visit trbinance.com and proceed to the “Create Account” step. You will be asked to enter basic information such as your email address, phone number, name, surname, date of birth, nationality, and T.C. identity number. Once you have entered all the required information accurately, complete the email/sms verification process to confirm your information. After this, proceed to the second step, which is identity verification (KYC).
How to Verify an Account on Binance TR?
Identity verification on Binance TR is a necessary security procedure that needs to be completed before starting cryptocurrency trading. You can perform the verification process either from your phone or the official Binance TR website. If you choose to perform identity verification from the website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click “Verify.” Scan the QR code that appears using your phone’s camera and continue the process on your phone. If you cannot scan the QR code, click “Copy URL” to send the identity verification address to your phone via SMS. Once you have entered the address on your phone or scanned the QR code, a screen will open on your phone where you can continue with the verification process. Follow the instructions on the screen, including uploading the necessary documents and taking a selfie. Once you have completed all the steps accurately, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from any bank. Deposits can be made 24/7 from banks such as Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans. For other banks, deposits can be made 24/7 through FAST, up to 50,000 TL. Deposits over 50,000 TL from other banks are processed during EFT hours. To deposit money into your Binance TR account, go to trbinance.com, hover over the “Wallet” option at the top left of the main page, and click on “Deposit” from the drop-down menu. On the deposit page, select your preferred bank and follow the instructions to complete the transfer process.
How to Buy BSW Coin with TL on Binance TR?
After completing the deposit process, you can proceed to buy BSW coins with TL by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website. On the buy-sell page, type “BSW” in the search box on the right side and select the BSW/TRY option from the results. This will take you to the TL to BSW purchase page. Enter the desired price and quantity of BSW coins, then click on the “Buy BSW” button to complete your purchase.
What is Binance TR?
Binance TR is Binance’s official platform for cryptocurrency investors in Turkey. It was launched in 2020 and offers both fiat-to-crypto and crypto-to-crypto trading services. Leveraging Binance’s technology, security measures, and liquidity, Binance TR allows users in Turkey to deposit and withdraw Turkish lira (TRY) through direct bank channels and trade various cryptocurrencies with TRY pairs. Users on Binance TR have access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls.
Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and should conduct their own research.
