Jupiter (JUP) operates as a decentralized finance (DeFi) protocol on the Solana Blockchain. It has gained popularity as the leading decentralized exchange (DEX) aggregator, offering efficient liquidity aggregation services for token swaps, perpetual futures, and decentralized stablecoins. This article aims to provide answers to two commonly asked questions: What is Jupiter (JUP), and how can one purchase Jupiter (JUP) with TRY.
Contents
1. What is Jupiter (JUP)?
2. How to Purchase Jupiter (JUP) with TRY?
3. How to Create 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 JUP Coin with TL on Binance TR?
7. What is Binance TR?
8. What is Jupiter (JUP)?
What is Jupiter (JUP)?
Jupiter is a renowned DeFi protocol that operates on the Solana Blockchain. It is widely known for its liquidity aggregation services, enabling seamless token swaps, perpetual futures trading, and the imminent launch of its own decentralized stablecoin. Initially focused on token liquidity aggregation, Jupiter has expanded its offerings to include perpetual futures trading to cater to the diverse financial needs within the DeFi ecosystem. Stay updated with the latest technology news on NEWSLINKER.
Jupiter acts as a liquidity aggregator, combining resources from various sources to facilitate efficient and effective token swaps. By directing orders to multiple Solana-based DEXs, Jupiter ensures that users obtain the best available prices during trading. Its innovative bridge comparator tool enables seamless cross-chain transactions, enhancing trading strategies and minimizing transaction costs for users.
The versatility and popularity of Jupiter stem from its ability to aggregate liquidity from multiple DEXs, providing users with optimal trading opportunities and deep liquidity pools. The bridge comparison tool facilitates efficient cross-chain transactions, while its user-friendly interface and low fees contribute to its growing user base.
At the core of the Jupiter ecosystem is the DEX aggregator feature, which aggregates liquidity from various DEXs on the Solana Blockchain. The JUP coin serves as a governance token, empowering community members to participate in platform decisions and initiatives. Jupiter’s close alignment with the Solana Blockchain further enhances its features and user experience.
How to Purchase Jupiter (JUP) with TRY?
For investors in Turkey looking to buy Jupiter (JUP), Binance TR is the most suitable cryptocurrency exchange. Binance TR offers the ability to buy and sell over 100 cryptocurrencies, including JUP. Account creation on Binance TR is quick and straightforward. Follow the steps below to purchase Jupiter (JUP) with TRY on Binance TR.
How to Create an Account on Binance TR?
Creating an account on Binance TR is a simple process. Visit trbinance.com and proceed to the “Create Account” step. In the first step, you will be required to provide basic information such as your email address, phone number, name, date of birth, nationality, and T.C. identity number.
After entering the requested information accurately and completely, an email or SMS verification will be conducted to confirm and verify the information. Once this process is complete, you will move on to the second step, which is 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 engaging in cryptocurrency trading. This process is necessary to protect both the user and the cryptocurrency exchange. You can perform the verification process either through your phone or Binance TR’s official website. Note that you will need your mobile phone to perform identity verification via the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” in the drop-down menu, and then click on “Verify.” After this step, you will 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, click on the “Copy URL” option to receive the identity verification address via SMS on your phone.
Once you enter the address on your phone or scan the QR code, a screen similar to the one below will appear. Tap on the “Identity” option to proceed.
Then, a screen like the one below will appear. To continue the verification process, select the document type that suits you best.
After selecting the document type, tap on the “Upload front side” option to continue. Take a photo of the front side of the document according to the selected document type, then tap on the “Upload back side” option to take a photo of the back side of the document and upload it. Ensure that the images are clear and the information in the photos is easily readable when capturing photos of your ID card or driver’s license.
Next, tap on the “Selfie” option to continue. Your phone’s front camera will open, and you will need to scan your face. Make sure your face fills the camera area as much as possible.
After completing all these steps accurately and completely, your identity verification process will be completed within a short period of time.
How to Deposit TL on Binance TR?
Depositing TL into your Binance TR account is straightforward. You can deposit TL from any bank, 24/7. You can make uninterrupted transactions from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. For other banks, you can deposit up to 50,000 TL 24/7 via FAST. Deposits exceeding 50,000 TL from other banks will be processed during EFT hours.
To deposit money into your Binance TR account, go to the “Wallet” option at the top left of the trbinance.com homepage and click on the “Deposit” option from the drop-down menu.
A page similar to the one below will open, and you can continue the deposit process by selecting your preferred bank. If your preferred bank does not yet have integration with Binance TR, click on the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address where you can make a transfer, EFT, or FAST to that bank. Use the information displayed on the bank’s page to transfer the desired amount into your Binance TR account via transfer, EFT, or FAST.
Once your bank completes the transfer process, the funds you sent will automatically be reflected in your Binance TR account wallet.
How to Buy JUP Coin with TL on Binance TR?
After completing the deposit process, you can proceed to buy JUP coin with TL by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website.
After clicking on this option, the page below will open. Type “JUP” in the search section on the right side of the page, and click on the JUP/TRY option from the results to go to the JUP purchase page.
The JUP trading page will open. On this page, enter the desired price at which you want to buy JUP in the first box marked with a red box, and the number of JUP coins you want to purchase in the second box. After entering the amount, complete your purchase by clicking the “Buy JUP” button.
What is Binance TR?
Binance TR is the official platform of Binance, the world’s largest cryptocurrency exchange in terms of trading volume. It was launched in 2020 to cater specifically to cryptocurrency investors in Turkey. Headquartered in Istanbul, Binance TR can be accessed at trbinance.com.
Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services, leveraging Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users are supported by Binance’s core functions, gaining access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls through Binance TR.
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Disclaimer:
The information provided in this article is not investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry risks. It is advisable to conduct thorough research before making any investment decisions.
