Jupiter (JUP) operates as a decentralized finance (DeFi) protocol on the Solana Blockchain. It is widely recognized as the leading decentralized exchange (DEX) aggregator, offering efficient liquidity aggregation services for token swaps, perpetual futures, and decentralized stablecoins. In this article, we will provide answers to two commonly asked questions: What is Jupiter (JUP), and how can one purchase Jupiter (JUP) using TRY.
Contents
What is Jupiter (JUP)?
How to Purchase Jupiter (JUP) with TRY?
How to Create an Account on Binance TR?
How to Verify an Account on Binance TR?
How to Deposit TL on Binance TR?
How to Buy JUP Coin with TL on Binance TR?
What is Binance TR?
What is Jupiter (JUP)?
Jupiter is a DeFi protocol that is renowned for its liquidity aggregation services on the Solana Blockchain. It facilitates seamless token swaps, perpetual futures trading, and will soon be launching its own decentralized stablecoin. Originally focused on token liquidity aggregation, Jupiter has expanded its offerings to include perpetual futures trading in order to meet the diverse financial needs within the DeFi ecosystem. For the latest technology news, visit NEWSLINKER.
Jupiter functions as a liquidity aggregator, combining resources from various sources to facilitate efficient and effective token swaps. By directing orders to multiple Solana-based DEXs, Jupiter ensures that users obtain the best available prices during trading. Its innovative bridge comparator tool enables seamless cross-chain transactions, enhancing trading strategies and minimizing transaction costs for users.
The versatility and popularity of Jupiter stem from its ability to aggregate liquidity from multiple DEXs, providing users with optimal trading opportunities and deep liquidity pools. The bridge comparison tool facilitates efficient cross-chain transactions, while its user-friendly interface and low fees contribute to its continually growing user base.
At the heart of the Jupiter ecosystem is the DEX aggregator feature, which aggregates liquidity from various DEXs on the Solana Blockchain. The JUP coin serves as a governance token, empowering community members to participate in platform decisions and initiatives. Jupiter’s close alignment with the Solana Blockchain further enhances its features and user experience.
How to Purchase Jupiter (JUP) with TRY?
For investors in Turkey looking to purchase Jupiter (JUP), Binance TR is the most suitable cryptocurrency exchange. Binance TR offers over 100 cryptocurrencies, including JUP, that can be bought and sold. Account creation on Binance TR is quick and easy. Follow the steps below to purchase Jupiter (JUP) with TRY on Binance TR.
How to Create an Account on Binance TR?
Creating an account on Binance TR is a straightforward process. Simply visit trbinance.com and proceed to the “Create Account” step. In the first step of account creation, you will be required to enter basic information such as your email address, phone number, name, date of birth, nationality, and T.C. identity number.
After entering all the requested information accurately and completely, an email/SMS verification will be conducted to confirm and verify the information. Once this process is completed, you will move on 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 must be completed prior to engaging in cryptocurrency trading and during the account creation process. This verification process is essential to protect both the user and the cryptocurrency exchange. You can perform the verification process either through your phone or via Binance TR’s official website. Please note that if you choose to perform identity verification through the website, you will need your mobile phone.
On the Binance TR website, hover over the “Profile” option at the top right corner, click on “Identity Verification and Limits” from the drop-down menu, and then select “Verify.” After this step, you will need to scan the QR code that appears using your phone’s camera and continue the process on your phone. If you are unable to scan the QR code, you can click on the “Copy URL” option to send the identity verification address to your phone via SMS.
Once you enter the address on your phone or scan the QR code, a screen similar to the one below will appear. From here, tap on the “Identity” option to proceed.
Next, a screen like the one below will appear. To continue the verification process, select the document type that is appropriate for you and proceed.
After selecting the document type, tap on the “Upload front side” option to continue. Take a photo of the front side of the document according to the selected document type, and then tap on the “Upload back side” option to take a photo of the back side of the document and upload it. Ensure that the images are clear and that the information in the photos is easily readable when capturing photos of the front and back sides of your ID card or driver’s license.
Next, tap on the “Selfie” option to proceed. Your phone’s front camera will open, and you will be required to scan your face. Once the camera is open, ensure that your face fills the camera area as much as possible.
After accurately and completely following all these steps, your identity verification process will be completed in a short period of time.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from any bank. TL deposits can be made 24/7, and you can conduct uninterrupted transactions from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. For other banks, you can deposit up to 50,000 TL 24/7 via FAST. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, go to the “Wallet” option at the top left corner of the trbinance.com homepage, and click on the “Deposit” option from the drop-down menu.
A page similar to the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not integrated with Binance TR, you should click on the “Other Banks” option to proceed.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address to which you can make a transfer, EFT, or FAST. Use the information displayed on the bank’s page to transfer the desired amount into your Binance TR account via transfer, EFT, or FAST.
Once your bank completes the transfer process, the funds you sent will automatically be reflected in your Binance TR account wallet.
How to Buy JUP Coin with TL on Binance TR?
After completing the deposit process, you can proceed to the step of purchasing JUP coin with TL by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website.
After clicking on this option, the page below will open. Type “JUP” in the search section on the right side of the page, and click on the JUP/TRY option from the search results to access the JUP purchase page.
Now, the JUP trading page below will open. On this page, enter the price at which you want to buy JUP in the first box marked with a red box, and enter the quantity of JUP you wish to purchase in the second box. After entering the desired amount, complete your purchase by clicking the “Buy JUP” button.
What is Binance TR?
Binance, the world’s largest cryptocurrency exchange in terms of trading volume, officially launched its Binance TR platform for cryptocurrency investors in Turkey in 2020. Headquartered in Istanbul, this cryptocurrency exchange can be accessed at trbinance.com.
Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services, utilizing 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 trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users are supported by Binance’s core functions, gaining access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls through Binance TR.
For our latest news, you can follow us on Telegram, Facebook, Twitter, and Coinmarketcap.
Disclaimer:
The information provided in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and risk, and should conduct their own research.
