Harmony (ONE) is a shining example of innovation in the realm of decentralized finance (DeFi), with its adaptable infrastructure and progressive initiatives paving the way for the evolution of the industry. Continuously pushing boundaries and overcoming challenges, Harmony embodies the spirit of innovation. In this piece, we aim to address two common queries: What is Harmony (ONE) and how can one purchase Harmony (ONE) using TRY.
What is Harmony (ONE)?
Harmony emerges as a trailblazer in the ever-changing DeFi landscape with its cross-Blockchain solution poised to redefine the industry. Prioritizing scalability, reliability, and accessibility, Harmony seeks to revolutionize DeFi, opening up a world of possibilities for billions worldwide. At its core, Harmony serves as a Layer 2 Ethereum Blockchain network, streamlining application development. Unlike its competitors vying for dominance, Harmony collaborates with Ethereum, leveraging its strengths to provide a seamless experience for developers and users alike.
Harmony’s innovative approach to scalability involves dividing the Blockchain into parallel shards, enhancing speed, reliability, and cost-efficiency. Transactions on Harmony are swift and cost-effective, making it an ideal network for DeFi transactions.
Central to Harmony’s ecosystem is the versatile ONE coin, supporting transactions, governance, and staking. Through a Proof of Stake (PoS) consensus mechanism, ONE coin holders can participate in network governance and earn passive income by staking their coins.
Beyond its scalable infrastructure, Harmony spearheads three major initiatives aimed at disrupting the DeFi space:
1. Non-Custodial Private Wallet: Introducing a secure non-custodial wallet solution prioritizing security and accessibility, Harmony sets the stage for mainstream adoption.
2. Stablecoins and DeFi Protocol: Harmony aims to offer a DeFi protocol that provides stablecoin holders with a lucrative annual interest rate akin to Terra’s successful Anchor protocol.
3. Bitcoin Cross-Blockchain Platform: Addressing a longstanding challenge in DeFi, Harmony aims to establish a cross-Blockchain platform facilitating swift transfers between different protocols, bridging the gap between traditional and DeFi.
How to Buy Harmony (ONE) with TRY?
For investors in Turkey looking to purchase Harmony (ONE), Binance TR serves as the ideal cryptocurrency exchange. With over 100 cryptocurrencies, including ONE, available for buying and selling, Binance TR offers a seamless account creation process. To purchase Harmony (ONE) with TRY on Binance TR, follow these steps:
How to Open an Account on Binance TR?
Opening an account on Binance TR is a straightforward process. Visit the trbinance.com website and proceed to the “Create Account” step. Input basic information such as email address, phone number, name, date of birth, nationality, and Turkish ID number. Upon completing this step, an email/SMS verification will be conducted to confirm the information. Move on to the second step, identity verification (KYC).
How to Verify Your Account on Binance TR?
Identity verification is a crucial security procedure that must be completed before engaging in cryptocurrency trading on Binance TR. This process safeguards both the user and the exchange. Verify your identity using your mobile phone or through Binance TR’s official website. Scan the QR code with your phone’s camera and follow the verification process on your phone.
How to Deposit TL on Binance TR?
Easily deposit TL into your Binance TR account from various banks. Deposit and transact 24/7 from Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits over 50,000 TL from other banks are processed within EFT hours. To deposit money into your Binance TR account, go to the trbinance.com website, select the “Wallet” option, and click on “Deposit.”
How to Buy ONE Coin with TL on Binance TR?
After completing the deposit process, proceed to purchase ONE coin with TL by clicking on the “Buy-Sell” option on the Binance TR website. Search for “ONE” in the search section, select the ONE/TRY option, enter the desired price and quantity, and complete the purchase.
What is Binance TR?
Binance TR, launched in 2020, is Binance’s platform catering to cryptocurrency investors in Turkey. Leveraging Binance’s technology, security measures, and liquidity, Binance TR offers trading services from fiat to crypto and crypto to crypto. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels via Binance TR and trade various cryptocurrencies with TRY trading pairs.
With Binance TR, users gain access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls, all supported by Binance’s core functionalities.
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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 conduct their own research.
