Enjin Coin (ENJ) is a groundbreaking protocol designed to utilize Blockchain technology on the Ethereum Blockchain to create and manage virtual goods. This article seeks to address two common inquiries: What is Enjin Coin (ENJ) and how can one purchase Enjin Coin (ENJ) using Turkish Lira (TRY).
Overview
Enjin Coin is a protocol that endeavors to establish and oversee virtual goods through the application of Blockchain technology on the Ethereum Blockchain. By equipping developers with the necessary tools, Enjin Coin streamlines the creation and integration of digital assets, tackling persistent issues such as high fees and fraud in the transfer of in-game items and collectibles. For the most up-to-date financial and business news, visit COINTURK FINANCE.
Enjin Coin provides developers with software development kits (SDKs) that enable them to generate and manage digital assets on the Ethereum Blockchain. These SDKs empower developers to mint customizable assets and register them on smart contracts, leveraging the benefits of cryptocurrency such as speed, cost-efficiency, and security.
At the core of the ecosystem lies the ENJ coin, the principal network asset. Each in-game item produced on the Enjin Coin platform is assigned a value in ENJ coin, offering a unified currency for transactions within the gaming ecosystem.
The primary purpose of Enjin Coin is to empower users to oversee and stock virtual goods for games. Such products can range from in-game currencies to tokens representing unique game items. Enjin Coin facilitates the creation, exchange, and destruction of these items through a simplified process.
Enjin Coin also presents a native smart wallet that serves as a central hub for users to store and trade their digital assets. This wallet permits users to assess the value of their inventory across multiple games, conduct trades with other users, and vend their digital products for ENJ coin, enhancing accessibility and liquidity within the Enjin Coin ecosystem.
Purchasing Enjin Coin (ENJ) with Turkish Lira (TRY)
For investors in Turkey seeking to acquire Enjin Coin (ENJ), Binance TR stands out as the most suitable cryptocurrency exchange. On Binance TR, where account creation is swift, over 100 cryptocurrencies, including ENJ, can be bought and sold. Follow the steps below to purchase Enjin Coin (ENJ) with TRY on Binance TR.
Account Creation on Binance TR
Creating an account on Binance TR is a straightforward process. Visit trbinance.com and proceed from the “Create Account” step. During the initial account creation phase, you will be prompted to input basic details such as email address, phone number, name, date of birth, nationality, and T.C. identity number.
Identity Verification on Binance TR
Identity verification on Binance TR is a critical security measure that must be completed before engaging in cryptocurrency trading and during account setup. This verification process safeguards both the user and the cryptocurrency exchange. You can opt to complete the verification process via your phone or the official Binance TR website. Note that you will require your mobile phone to verify your identity on the website.
Depositing Turkish Lira on Binance TR
You can effortlessly deposit Turkish Lira into your Binance TR account from all banks. You can deposit and trade TL 24/7 from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts without interruption. For other banks, you can deposit up to 50,000 TL 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, navigate to trbinance.com, hover over the “Wallet” option at the top left of the main page, and select the “Deposit” option from the drop-down menu.
Purchasing ENJ Coin with TL on Binance TR
After completing the deposit process, proceed to the TL to ENJ coin purchase step by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.
Binance TR: An Overview
Binance, the world’s leading cryptocurrency exchange by trading volume, officially introduced its platform Binance TR for Turkish cryptocurrency investors in 2020. Headquartered in Istanbul, the cryptocurrency exchange can be accessed at trbinance.com.
Binance TR offers a wide array of services including fiat-to-crypto and crypto-to-crypto trading, leveraging Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish Lira (TRY) directly through bank channels and engage in trading various cryptocurrencies with TRY trading pairs via Binance TR.
Users can benefit from Binance’s core functionalities, gaining access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls through Binance TR.
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Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry inherent risks. Conducting thorough research is advised before engaging in cryptocurrency investments.
