Bonfida (FIDA) is a collection of products and solutions tailored for the Solana Blockchain. The FIDA coin acts as the exclusive currency within the Bonfida ecosystem, playing a crucial role in enhancing user experience and governance. Here, we address two common queries: what exactly is Bonfida (FIDA) and how can one purchase Bonfida (FIDA) using TRY.
Contents
What is Bonfida (FIDA)?
How to Purchase Bonfida (FIDA) with TRY?
How to Create an Account on Binance TR?
How to Verify Your Account on Binance TR?
How to Deposit TL on Binance TR?
How to Buy FIDA Coin with TL on Binance TR?
What is Binance TR?
What is Bonfida (FIDA)?
Bonfida represents an ecosystem structured around the Serum trading protocol, specifically developed for the Solana Blockchain ecosystem. It offers a variety of services, including the Solana Name Service, enabling users to replace their decentralized wallet addresses with personalized domain names. Bonfida aims to demonstrate the capabilities of the Solana Blockchain while providing innovative solutions to its users. Visit NEWSLINKER for the latest technology updates.
The FIDA coin functions as the primary asset within the Bonfida ecosystem, significantly enhancing user experience and governance. A large portion of FIDA coins are locked for the long term, leading to scarcity and increased value over time. As the key asset in the ecosystem, FIDA coin manages 95% of the net fees on Bonfida and can be utilized for transactions within the platform.
By staking FIDA coins, users can access additional features such as Solible NFT marketplace listings and advanced market analytics. Furthermore, FIDA coin holders possess governance rights, allowing them to vote on critical parameters for the Bonfida ecosystem. This active participation in governance empowers users to influence the platform’s future direction.
How to Purchase Bonfida (FIDA) with TRY?
For investors in Turkey looking to acquire Bonfida (FIDA), Binance TR is the most suitable cryptocurrency exchange. On Binance TR, users can easily create an account and trade over 100 cryptocurrencies, including FIDA. Follow the steps below to purchase Bonfida (FIDA) with TRY on Binance TR.
How to Create an Account on Binance TR?
Opening an account on Binance TR is a straightforward process. Simply visit trbinance.com and proceed with the “Create Account” step. During the initial account setup, you will be required to provide basic details such as your email address, phone number, name, date of birth, nationality, and T.C. identity number.
After entering all the necessary information accurately, email/SMS verification will be conducted for confirmation. Once this step is completed, you can proceed to the next stage, identity verification (KYC).
How to Verify Your Account on Binance TR?
Identity verification on Binance TR is a crucial security measure that must be completed before engaging in cryptocurrency trading and during the account creation process. This verification process is essential for safeguarding both the user and the cryptocurrency exchange. The verification can be completed via mobile phone or through the official Binance TR website. Ensure you have your mobile phone handy for the verification process.
On the Binance TR website, navigate to the “Profile” option at the top right, select “Identity Verification and Limits” from the dropdown menu, then click “Verify.” Follow the instructions to scan the QR code with your phone’s camera and continue the verification process on your mobile device. In case you are unable to scan the QR code, you can opt to receive the verification link via SMS.
Once you have completed all the required steps accurately, your identity verification process will be finalized shortly.
How to Deposit TL on Binance TR?
Depositing TL into your Binance TR account is hassle-free and can be done from various banks. You can deposit TL 24/7 from banks such as Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans, allowing uninterrupted transactions. For other banks, deposits up to 50,000 TL can be made 24/7 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 homepage, and select the “Deposit” option from the dropdown menu.
Next, choose your preferred bank and follow the instructions to complete the deposit process. Once your bank confirms the transfer, the deposited funds will reflect in your Binance TR account wallet.
How to Buy FIDA Coin with TL on Binance TR?
After completing the deposit process, you can proceed to purchase FIDA coin with TL by selecting the “Buy-Sell” option on the Binance TR website.
Enter the desired amount and price for purchasing FIDA coin in the designated fields and complete the transaction by clicking the “Buy FIDA” button.
What is Binance TR?
Binance TR, launched in 2020, is an official platform of Binance, the world’s largest cryptocurrency exchange by trading volume, specifically designed for cryptocurrency investors in Turkey. Headquartered in Istanbul, Binance TR leverages Binance’s technology, security measures, and liquidity to offer seamless trading services from fiat to crypto and crypto to crypto. Users in Turkey can easily deposit and withdraw Turkish lira (TRY) through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Binance TR provides access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls, all backed by Binance’s core functionalities.
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Disclaimer:
The information provided in this article does not constitute financial advice. Investors should be aware of the high volatility associated with cryptocurrencies and conduct their own research before investing.
