ORDI (ORDI) is a groundbreaking BRC-20 token introduced through the innovative Bitcoin ordinals protocol, making waves as a memecoin on the Bitcoin Blockchain. This token enables data inscription and trading within Bitcoin’s existing framework, although it is less complex compared to Ethereum’s ERC-20 standard due to limited smart contract functionalities. Here, you will discover insights into two common queries: What is ORDI (ORDI) and how to purchase ORDI (ORDI) using TRY.
### What is ORDI (ORDI)?
ORDI stands as the pioneering BRC-20 token unveiled in March 2023 utilizing Bitcoin’s ordinals protocol. Developed by Casey Rodarmor, the ordinals protocol facilitates the embedding of various data types like text, images, audio, and video onto a Satoshi. This innovative feature extends beyond Bitcoin’s original functions, allowing for the creation and exchange of NFTs and other digital assets directly on the Blockchain. Stay tuned with NEWSLINKER for the freshest technology updates.
The BRC-20 standard, inspired by Ethereum’s ERC-20 model, has been adapted to the Bitcoin network. While ERC-20 tokens operate on smart contracts, BRC-20 tokens function by inscribing data onto a Satoshi. This novel approach offers a new utility utilizing Bitcoin’s existing infrastructure without necessitating external smart contract systems. The value and popularity of ORDI have surged owing to its unique project nature and the fresh opportunities it presents to the Bitcoin network.
### How to Buy ORDI (ORDI) with TRY?
For investors in Turkey seeking to acquire ORDI (ORDI), Binance TR emerges as the ideal cryptocurrency exchange. With over 100 cryptocurrencies available for swift trading, including ORDI, Binance TR provides a seamless platform for transactions. Follow these steps to purchase ORDI (ORDI) with TRY on Binance TR.
#### How to Open an Account on Binance TR?
Setting up an account on Binance TR is a straightforward process. Visit trbinance.com and proceed with the “Create Account” step. Initially, you will be prompted to input basic details such as email address, phone number, name, date of birth, nationality, and T.C. identity number.
Following the accurate submission of the required information, an email/sms verification will authenticate the details provided. Upon completion, you will advance to the subsequent step, identity verification (KYC).
#### How to Verify an Account on Binance TR?
Identity verification on Binance TR is a pivotal security measure imperative before engaging in cryptocurrency trading or during account setup. This verification serves to safeguard both the user and the cryptocurrency exchange. Opt to complete the verification either via your phone or Binance TR’s official website. Note that your mobile phone will be essential for identity verification through the website.
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Navigate to the “Profile” option on the top right of the Binance TR website, select “Identity Verification and Limits” from the drop-down menu, and click “Verify.” Scan the QR code displayed using your phone’s camera and proceed with the verification process on your mobile device. If scanning the QR code poses challenges, click “Copy URL” to dispatch the identity verification link to your phone via SMS.
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Upon entering the link on your phone or scanning the QR code, a screen akin to the one below will manifest on your device. Initiate the process by tapping on the “Identity” option.
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Subsequently, a screen resembling the one below will surface. Opt for the document type that aligns with your identification for verification continuation.
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Having selected the document type, click “Upload front side” to upload a photo of the front side of your chosen document. Follow this by tapping “Upload back side” and capturing an image of the document’s reverse side. Ensure the images are clear and the information is legible.
Navigate to the “Selfie” option to proceed. Your phone’s front camera will activate, prompting you to scan your face. Ensure your face occupies a substantial portion of the camera frame.
Upon accurately completing these steps, your identity verification process will promptly finalize.
