Harmony (ONE) embodies the essence of innovation with its adaptable infrastructure and progressive initiatives, leading the charge in the evolution of decentralized finance (DeFi). This platform consistently pushes boundaries and conquers challenges, truly embodying the innovative spirit. Here, we address two commonly asked questions: What exactly is Harmony (ONE) and how can one purchase Harmony (ONE) using TRY.
What is Harmony (ONE)?
Harmony shines as a beacon of innovation in the ever-evolving realm of DeFi, offering a cross-Blockchain solution poised to redefine the industry landscape. With a strong emphasis on scalability, reliability, and accessibility, Harmony aims to transform DeFi and open up a world of possibilities for billions of people globally. Utilize NEWSLINKER for the latest technology updates.
At its core, Harmony serves as a Layer 2 Ethereum Blockchain network designed to streamline application development. In contrast to other Blockchain networks vying for dominance, Harmony collaborates with Ethereum, harnessing its strengths to create a seamless experience for developers and users alike.
Harmony’s innovative approach to scalability involves dividing the Blockchain into parallel shards, boosting speed, reliability, and cost-efficiency. Transactions on Harmony are lightning-quick and significantly more affordable than traditional systems, 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 engage in network governance and can earn passive income by staking their coins.
Harmony’s dedication to innovation extends beyond its scalable infrastructure. The protocol spearheads three major initiatives aimed at disrupting the DeFi space:
Non-Custodial Private Wallet: Harmony introduces a non-custodial wallet solution prioritizing security and accessibility. With two-factor authentication, users can securely access their assets, paving the way for mainstream adoption.
Stablecoins and DeFi Protocol: Harmony aspires to offer a DeFi protocol providing stablecoin holders with an attractive annual interest rate reminiscent of Terra’s successful Anchor protocol.
Bitcoin Cross-Blockchain Platform: Addressing a long-standing challenge in DeFi, Harmony seeks 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 stands as the ideal cryptocurrency exchange. Binance TR offers a user-friendly platform where over 100 cryptocurrencies, including ONE, can be bought and sold. To acquire Harmony (ONE) using TRY on Binance TR, follow these steps.
How to Open an Account on Binance TR?
Creating an account on Binance TR is a straightforward process. Visit the trbinance.com website and proceed from the “Create Account” step. Enter basic information such as email address, phone number, name, date of birth, nationality, and Turkish ID number in the first step of creating an account.
After providing the required information accurately, undergo an email/SMS verification to confirm and validate the details. Subsequently, proceed to the second step, 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 account creation. You can complete the verification process via your phone or through Binance TR’s official website. Ensure you have your mobile phone handy for identity verification on the website.
Navigate to the “Profile” option on the top right of the Binance TR website, then select “Identity Verification and Limits” from the drop-down menu, and click on “Verify.” Scan the QR code displayed using your phone’s camera and continue the process on your phone. If you are unable to scan the QR code, choose the “Copy URL” option to have the verification address sent to your phone via SMS.
Upon entering the address on your phone or scanning the QR code, a screen will prompt you to select the document type that suits you best. Proceed by uploading the front and back sides of the document as per the instructions provided, ensuring that the information is clear and legible.
Finally, complete the process by taking a selfie to verify your identity accurately. Once all steps are successfully completed, your identity verification process will be finalized promptly.
How to Deposit TL on Binance TR?
Depositing TL into your Binance TR account is a seamless process that can be done from all banks. You can transact 24/7 from Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. 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 within EFT hours.
To deposit funds into your Binance TR account, visit the trbinance.com website, hover over the “Wallet” option on the top left of the homepage, and select “Deposit” from the drop-down menu. Choose your preferred bank from the options provided and follow the instructions to complete the deposit process.
How to Buy ONE Coin with TL on Binance TR?
After completing the deposit process, proceed to purchase ONE coin using TL by selecting the “Buy-Sell” option on the top left menu of the Binance TR website. Enter “ONE” in the search bar, click on the ONE/TRY option, and enter the desired price and quantity to finalize the purchase.
What is Binance TR?
Binance, the world’s largest cryptocurrency exchange by trading volume, launched Binance TR in 2020 to cater to cryptocurrency investors in Turkey. This platform, headquartered in Istanbul and accessible at trbinance.com, leverages Binance’s technology, security measures, and liquidity to offer a seamless trading experience from fiat to crypto and crypto to crypto.
Binance TR provides users in Turkey with 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.
Stay updated on the latest news via Telegram, Facebook, Twitter, and Coinmarketcap. Please note that 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 thorough research before making investment decisions.
