Bonfida (FIDA) is a comprehensive set of products and solutions tailored for the Solana Blockchain. Acting as the sole currency within the Bonfida ecosystem, the FIDA coin is pivotal in enriching user experience and governance. This piece aims to address two common queries: what is Bonfida (FIDA) and how can one purchase Bonfida (FIDA) using TRY.
**Contents**
– What is Bonfida (FIDA)?
– How to Buy Bonfida (FIDA) with TRY?
– How to Open an Account on Binance TR?
– How to Verify an Account on Binance TR?
– How to Deposit TL on Binance TR?
– How to Buy FIDA Coin with TL on Binance TR?
– What is Binance TR?
**What is Bonfida (FIDA)?**
Bonfida functions as an ecosystem established on the Serum trading protocol specifically designed to cater to the Solana Blockchain ecosystem. It offers a range of products and services, including the Solana Name Service, allowing users to customize their decentralized wallet addresses with chosen domain names. The primary goal of Bonfida is to highlight the potential of the Solana Blockchain and provide innovative solutions for its users. For the latest technology news, visit NEWSLINKER.
The FIDA coin acts as the core asset of the Bonfida ecosystem, playing a significant role in enhancing user experience and governance. A considerable portion of FIDA coins are held long-term, leading to scarcity and value appreciation over time. As the primary asset in the ecosystem, FIDA coin manages 95% of the net fees on Bonfida and is utilized for transactions within the platform.
Users can unlock additional features such as Solible NFT marketplace listings and advanced market analytics by staking FIDA coins. Moreover, FIDA coin holders possess governance rights, enabling them to vote on crucial parameters for the Bonfida ecosystem. This active participation in governance empowers users to shape the platform’s future direction.
**How to Buy Bonfida (FIDA) with TRY?**
Binance TR is the optimal cryptocurrency exchange for investors in Turkey seeking to purchase Bonfida (FIDA). On Binance TR, users can swiftly create an account and engage in trading over 100 cryptocurrencies, including FIDA. Follow the steps below to buy Bonfida (FIDA) with TRY on Binance TR.
**How to Open an Account on Binance TR?**
Opening an account on Binance TR is a straightforward process. Visit trbinance.com and proceed through the “Create Account” step. Enter basic details such as email address, phone number, name, date of birth, nationality, and T.C. identity number in the initial account creation step.
(Images)
After inputting the required information accurately, email/SMS verification is conducted to confirm the details. Subsequently, proceed to the second step, identity verification (KYC).
**How to Verify an Account on Binance TR?**
Identity verification on Binance TR is a crucial security measure that must be completed before commencing cryptocurrency trading. This step is essential to safeguard both the user and the cryptocurrency exchange. Verification can be done via phone or the official Binance TR website.
(Images)
To verify your identity on the Binance TR website, navigate to “Profile” > “Identity Verification and Limits” > “Verify.” Scan the QR code displayed using your phone’s camera and continue the process on your phone. Alternatively, click “Copy URL” to send the verification address to your phone via SMS if you cannot scan the QR code. Follow the prompts on your phone to complete the verification process.
(Images)
After completing these steps accurately, your identity verification process will be finalized promptly.
**How to Deposit TL on Binance TR?**
Depositing TL into your Binance TR account is hassle-free. Transfer funds from Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts 24/7. For other banks, deposits up to 50,000 TL can be made 24/7 using FAST, while deposits over 50,000 TL are processed during EFT hours.
To deposit funds, visit trbinance.com, click on “Wallet” > “Deposit,” select your bank, and follow the instructions to transfer the desired amount to your Binance TR account.
(Images)
Upon completion of the transfer, the funds will be reflected in your Binance TR account wallet.
**How to Buy FIDA Coin with TL on Binance TR?**
After depositing funds, navigate to the “Buy-Sell” option on the Binance TR website to proceed with purchasing FIDA coins using TL.
(Images)
Enter the desired price and quantity of FIDA coins in the designated fields and click “Buy FIDA” to finalize the purchase.
**What is Binance TR?**
Binance, the world’s leading cryptocurrency exchange by trading volume, introduced Binance TR in 2020 to cater to cryptocurrency investors in Turkey. Based in Istanbul, Binance TR provides trading services from fiat to crypto and crypto to crypto, leveraging Binance’s technology, security measures, and liquidity.
With Binance TR, users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through bank channels and trade various cryptocurrencies with TRY trading pairs. The platform offers market-leading liquidity, a robust matching engine, advanced security protocols, custody solutions, and risk controls, underpinned by Binance’s core functionalities.
Stay updated on our news via Telegram, Facebook, Twitter, and Coinmarketcap.
Disclaimer: This article does not constitute investment advice. Investors should be mindful of the high volatility and risks associated with cryptocurrencies and conduct thorough research before investing.
