Origin Token (OGN) is a platform supported by Ethereum that merges NFTs and decentralized finance (DeFi) to provide users with unique experiences and opportunities. The goal of Origin Token is to make NFTs and DeFi accessible to a wider audience by offering simplified platforms for NFT issuance and generating passive income based on stablecoins. Here, you will find answers to two common questions: What is Origin Token (OGN), and how can you purchase Origin Token (OGN) using TRY?
Overview
Origin Token initially started as a decentralized e-commerce platform but later pivoted towards NFTs and DeFi. The platform is comprised of two key components: NFT Launchpad and Origin Dollar (OUSD). Through these components, Origin Token enables creators and users to engage with NFTs and DeFi in innovative ways, granting them more control and access to cryptocurrencies and financial opportunities.
NFT Launchpad serves as Origin Token’s marketplace for NFT issuance, simplifying the process for creators and offering users unique experiences. Creators have the ability to customize their showcases, pricing models, and content to present a wide array of digital products, collectibles, and experiences. This platform aims to democratize NFT creation and ownership, allowing creators to directly connect with their audiences and monetize their work in novel ways.
Origin Dollar (OUSD) represents Origin Token’s entry into the DeFi ecosystem, providing users with a stablecoin pegged 1:1 to the US dollar along with the benefit of passive income. Unlike traditional stablecoins, OUSD holders can earn yields directly from their wallets without the need to stake or lock their funds. This passive income is generated through the automatic rebalancing of funds across various lending protocols, enabling users to seamlessly participate in yield farming.
The governance of the Origin Token ecosystem is supported by the OGN coin, ensuring transparent auditing and development of the platform. OGN coin holders play a role in the governance process, ensuring that the platform evolves according to the community’s needs and priorities. This governance model fosters a collaborative environment where users can actively engage in shaping the future of Origin Token.
Origin Token offers users various benefits, including increased control over NFT creation and ownership, simplified access to DeFi opportunities, and passive income through OUSD. By integrating NFTs and DeFi on a single platform, Origin Token aims to democratize access to cryptocurrencies and financial services, empowering both creators and users.
How to Purchase Origin Token (OGN) with TRY?
Binance TR is the ideal cryptocurrency exchange for Turkish investors looking to buy Origin Token (OGN). On Binance TR, which allows for quick account creation, over 100 cryptocurrencies, including OGN, can be bought and sold. To purchase Origin Token (OGN) with TRY on Binance TR, follow the steps below.
Account Setup on Binance TR
Creating an account on Binance TR is straightforward. Visit trbinance.com and proceed with the “Create Account” step. In the initial account creation step, you will be prompted to enter basic information such as your 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 crucial security measure that must be completed before engaging in cryptocurrency trading and during account creation. This process is essential for safeguarding both the user and the cryptocurrency exchange. Identity verification can be completed via your phone or the official Binance TR website.
Depositing TRY on Binance TR
You can conveniently deposit TRY into your Binance TR account from all major banks. Deposits can be made 24/7 from banks such as Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans. Deposits under 50,000 TL can be made 24/7 with FAST from other banks, while deposits over 50,000 TL from other banks are processed during EFT hours.
Purchasing OGN Coin with TRY on Binance TR
After completing the deposit process, you can proceed to purchase OGN coin with TRY by selecting the “Buy-Sell” option in the top left menu on the Binance TR website.
About Binance TR
Binance, the world’s largest cryptocurrency exchange by trading volume, launched its platform Binance TR specifically for cryptocurrency investors in Turkey in 2020. Based in Istanbul, Binance TR leverages Binance’s technology, security measures, and liquidity to offer fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can easily deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users on Binance TR have access to market-leading spot trading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls provided by Binance’s core functions.
For the latest financial and business news, visit COINTURK FINANCE. Please note that the information in this article does not constitute investment advice, and investors should conduct their own research due to the high volatility and risks associated with cryptocurrencies.
