Galxe, formerly known as Project Galaxy, is a cryptocurrency project that focuses on empowering Web3 communities by providing tools and solutions for building and growing strong communities. In this article, we will answer two frequently asked questions: What is Galxe (GAL), and how can you buy Galxe (GAL) with TRY?
Table of Contents:
1. What is Galxe (GAL)?
2. How to Buy Galxe (GAL) with TRY?
3. How to Open an Account on Binance TR?
4. How to Verify an Account on Binance TR?
5. How to Deposit TL on Binance TR?
6. How to Buy GAL Coin with TL on Binance TR?
7. What is Binance TR?
What is Galxe (GAL)?
Galxe is a cryptocurrency project that aims to support community-building efforts for various cryptocurrency projects, including leading platforms like Optimism, Arbitrum, and Polygon. With over eleven million unique users and partnerships with more than 2,700 projects, Galxe has established itself as a significant platform for Web3 community development. Stay updated with the latest technology news on NEWSLINKER.
The Galxe platform offers a range of solutions, including reward-based loyalty programs, NFT marketplaces, and community engagement initiatives for Web3 communities. The project’s mission is to provide a seamless experience for both community members and project developers, enabling them to collaborate and grow together. Through Galxe’s solutions, users can earn NFTs, tokens, and other rewards by contributing to their favorite Web3 communities and participating in loyalty programs.
Galxe was developed by Bullet Labs, a venture focused on Web3 product development. Headquartered in San Mateo, California, Bullet Labs was founded by Charles Wayn and Harry Zhang. The transition from Project Galaxy to Galxe took place in September 2022, marking a significant milestone in the project’s evolution.
Galxe offers various features and solutions to ensure community growth, increase brand awareness, and improve user retention. These include customized campaigns, credential data networks, and plug-and-play dashboards for creating community programs like Galxe Brain and Galxe Pathfinder. With Galxe’s user-friendly interface and comprehensive toolset, projects can drive growth and engagement within their communities effectively.
The GAL coin is the main network asset of the Galxe ecosystem. Initially launched on the Ethereum Blockchain and later expanded to the BNB Chain, GAL coin plays a vital role in the Galxe credential data network. It is used to reward community members, stake, and access platform features.
How to Buy Galxe (GAL) with TRY?
For investors in Turkey who want to buy Galxe (GAL), Binance TR is the most suitable cryptocurrency exchange. Binance TR offers over 100 cryptocurrencies, including MATIC, that can be bought and sold. Creating an account on Binance TR is quick and easy. Follow these steps to buy Galxe (GAL) with TRY on Binance TR.
How to Open an Account on Binance TR?
Opening an account on Binance TR is a straightforward process. Visit the trbinance.com address and click on the “Create Account” step. In the first step, you will need to enter basic information such as your email address, phone number, name-surname, date of birth, nationality, and Turkish ID number.
After entering the required information accurately, you will need to complete email/SMS verification to confirm your details. Once this process is completed, you can proceed 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 before trading cryptocurrencies and during account creation. You can choose to complete the verification process from your phone or through the official Binance TR website. Please note that you will need your phone even if you choose to verify from the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” You will then 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 “Copy URL” to receive the identity verification address via SMS.
Once you enter the address on your phone or scan the QR code, a screen will appear where you can continue the verification process. Select the “Identity” option and choose the appropriate document type. After selecting the document type, proceed by uploading the front and back sides of the document. Finally, take a selfie to complete the verification process. Ensure that the images are clear and the information in the photo is easily readable.
After accurately completing all these steps, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?
Depositing TL into your Binance TR account is simple. You can deposit TL from all banks, including Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans. Deposits up to 50,000 TL can be made 24/7 via FAST from other banks, while deposits over 50,000 TL from other banks are processed within EFT hours.
To deposit money into your Binance TR account, visit the trbinance.com address and hover over the “Wallet” option at the top left of the main page. Click on the “Deposit” option from the drop-down menu. On the deposit page, select your preferred bank or choose the “Other Banks” option if your bank is not integrated with Binance TR yet.
In this example, we will use Vakıfbank. When you select your bank, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. Transfer the desired amount using the provided information.
Once your bank completes the transfer process, the funds will be automatically reflected in your wallet in your Binance TR account.
How to Buy GAL Coin with TL on Binance TR?
After completing the deposit process, you can proceed to buy GAL coins with TL. Click on the “Buy-Sell” option in the top left menu of the Binance TR website. On the trading page, search for “GAL” in the search section on the right side. Click on the GAL/TRY option from the results to go to the TL to GAL purchase page.
On the GAL trading page, enter the price at which you want to buy GAL in the first box and the quantity you want to buy in the second box. After entering the amount, click the “Buy GAL” button to complete your purchase.
What is Binance TR?
Binance TR is the official cryptocurrency exchange platform for Turkish investors. Launched in 2020, Binance TR provides both fiat-to-crypto and crypto-to-crypto trading services. It leverages Binance’s technology, security measures, and liquidity through the Binance Cloud infrastructure. Users in Turkey can deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs on Binance TR.
Binance TR offers market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functionalities.
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Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry risks. It is recommended to conduct thorough research before making any investment decisions.
