Oasis Network (ROSE) provides a Blockchain platform that is highly scalable, secure, and privacy-focused, catering to the needs of developers and users in the decentralized finance (DeFi) sector. Its innovative dual-layer structure and advanced technology offer significant advantages over traditional Blockchain solutions. The ROSE coin plays a crucial role in facilitating transactions and staking, ensuring the overall health and security of the network. This article aims to address two common questions: What is Oasis Network (ROSE), and how can one purchase Oasis Network (ROSE) using TRY.
Table of Contents:
1. What is Oasis Network (ROSE)?
2. How to Buy Oasis Network (ROSE) with TRY?
3. How to Open an Account on Binance TR?
4. How to Verify Your Account on Binance TR?
5. How to Deposit TL on Binance TR?
6. How to Buy ROSE Coin with TL on Binance TR?
7. What is Binance TR?
What is Oasis Network (ROSE)?
Oasis Network is a Blockchain platform designed to support the development of decentralized applications (dApps) using smart contracts. With its unique features that enhance scalability, security, transaction fees, decentralization, and privacy, it aims to be a significant player in the DeFi revolution. It offers a reliable alternative to Ethereum, with its scalability being a key distinguishing factor. By adding more nodes, the network’s performance improves, enabling faster transactions. This sets it apart from Ethereum, which often faces congestion issues. Oasis Network also provides higher security and significantly lower transaction fees compared to Ethereum, making it an attractive choice for users. Privacy is another standout feature of Oasis Network, as it ensures that users’ personal data is not stored on the Blockchain. Developers looking for secure and private transactions find Oasis Network particularly appealing. The project is led by Dawn Song and a team of experienced professionals from renowned companies and institutions, bringing a wealth of expertise to the table. The network’s dual-layer structure, consisting of the consensus layer and the ParaTime layer, enhances efficiency and scalability compared to other methods like parachains and sharding. The ROSE coin serves as the primary network asset, playing a vital role in network functions. It is gradually released into circulation and is used for gas fees and staking, providing incentives for participants to contribute to the network’s stability.
How to Buy Oasis Network (ROSE) with TRY?
For investors in Turkey looking to purchase Oasis Network (ROSE), Binance TR is the most suitable cryptocurrency exchange. With a quick account creation process, Binance TR offers over 100 cryptocurrencies, including ROSE, for buying and selling. To buy Oasis Network (ROSE) with TRY on Binance TR, follow these steps:
1. How to Open an Account on Binance TR?
Creating an account on Binance TR is straightforward. Visit trbinance.com and proceed to the “Create Account” step. Provide basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identification number. After entering the required information accurately, complete the email/SMS verification process.
2. How to Verify Your Account on Binance TR?
Identity verification is a necessary security procedure for cryptocurrency trading and account creation. It can be completed through your phone or the official Binance TR website. Hover over the “Profile” option, click on “Identity Verification and Limits,” and select “Verify.” Scan the QR code displayed using your phone’s camera or click on “Copy URL” to receive the verification address via SMS. Follow the instructions on your phone to complete the process by providing the required document and selfie.
3. How to Deposit TL on Binance TR?
You can deposit TL into your Binance TR account easily through various banks. Supported banks include Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans. Deposits up to 50,000 TL can be made 24/7 using FAST from other banks, while deposits over 50,000 TL from other banks are processed during EFT hours. To deposit money, go to trbinance.com, hover over the “Wallet” option, click on “Deposit,” select your preferred bank, and transfer the desired amount using the provided account name and IBAN address.
4. How to Buy ROSE Coin with TL on Binance TR?
After completing the deposit process, you can proceed to purchase ROSE coins using TL. Click on the “Buy-Sell” option on the top left menu of the Binance TR website. In the search section, type “ROSE” and select the ROSE/TRY option. Enter the desired purchase price and the number of ROSE coins you want to buy, then click the “Buy ROSE” button to complete the purchase.
What is Binance TR?
Binance TR is the official platform of Binance, the world’s largest cryptocurrency exchange. Launched in 2020, Binance TR specifically caters to cryptocurrency investors in Turkey. Leveraging Binance’s technology, security measures, and liquidity through the Binance Cloud infrastructure, Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services. Users can deposit and withdraw Turkish lira (TRY) seamlessly through direct bank channels and trade various cryptocurrencies with TRY trading pairs. Binance TR provides market-leading spot trading liquidity, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functionalities.
Disclaimer:
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 their own research.