Mobox (MBOX), a cryptocurrency, is a groundbreaking platform that intersects blockchain-based games and NFTs. Mobox (MBOX) aims to introduce a play-to-earn concept, enabling users to earn rewards through gaming, yield farming, and NFT trading. This article addresses two essential inquiries: What is Mobox (MBOX), and how can one purchase Mobox (MBOX) using TRY?
Table of Contents:
1. What is Mobox (MBOX)?
2. How to Purchase Mobox (MBOX) 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 MBOX Coin with TL on Binance TR?
7. What is Binance TR?
What is Mobox (MBOX)?
Mobox is a platform centered around community engagement, aiming to connect different metaverses through NFTs while ensuring interoperability among blockchain-based games and platforms. Essentially, Mobox aims to enhance the functionality of NFTs in blockchain-based games and provide additional benefits through various initiatives. The platform offers a wide range of games and features, including NFT farming, yield farming, and decentralized finance (DeFi) solutions, all while maintaining a free-to-play model for users. Stay up to date on the latest technology news by visiting NEWSLINKER.
Mobox empowers users to participate in play-to-earn experiences by combining gaming, yield farming, and NFT trading. Users can engage in various games like MOMO Token Master and MOMO Farmer to earn rewards in the form of MBOX coins. Additionally, users can acquire MOMO NFTs through mystery boxes, which can be traded, staked for farming MBOX coins, or used as collateral within the ecosystem.
The platform consists of three main components: the NFT marketplace, the NFT creator, and the game creator. The NFT marketplace provides a decentralized solution for trading, renting, and lending MOMO NFTs, while the NFT creator offers tools for users to create their own MOMO NFTs. The game creator provides APIs for developers to launch and publish games on the Mobox platform, seamlessly integrating MBOX coins and MOMO NFTs.
Mobox stands out by combining DeFi, blockchain-based games, and NFTs to offer users unique opportunities to earn rewards through gaming. Unlike traditional gaming models, MOBOX adopts a play-to-earn approach, allowing users to earn rewards without upfront spending. Additionally, the platform encourages community participation, distributing rewards based on user activities across the ecosystem.
The primary network asset of the platform, MBOX coin, serves as a utility coin within the MOBOX ecosystem and can be earned through various activities such as gaming, yield farming, and participation in platform features.
How to Purchase Mobox (MBOX) with TRY?
Binance TR is the ideal cryptocurrency exchange for investors in Turkey looking to purchase Mobox (MBOX). On Binance TR, an account can be created quickly, and over 100 cryptocurrencies, including MBOX, can be traded. Follow these steps to purchase Mobox (MBOX) with TRY on Binance TR.
How to Create an Account on Binance TR?
Creating an account on Binance TR is a straightforward process. Visit trbinance.com and proceed from the “Create Account” step. In the initial step of account creation, 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/SMS verification will be conducted to confirm the details. Once this process is complete, you will move on to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?
Identity verification on Binance TR is a crucial security procedure that must be completed before engaging in cryptocurrency trading and during the account creation process. This process is necessary to protect both the user and the cryptocurrency exchange. You can choose to complete the verification process through your phone or via Binance TR’s official website. Please note that you will need your mobile phone to verify your identity on the website.
On the Binance TR website, hover over the “Profile” option located at the top right, click on “Identity Verification and Limits” in the drop-down menu, and then select “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, you can click on the “Copy URL” option to have the identity verification address sent to your phone via SMS.
Once you enter the address on your phone or scan the QR code, a screen similar to the one below will appear on your phone. From here, tap on the “Identity” option to proceed.
Then, a screen like the one below will be displayed. To continue with the verification process, select the appropriate document type for you.
After selecting the document type, tap on the “Upload Front Side” option to proceed. 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 that the information in the photos is easily readable when capturing the front and back sides 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 the camera opens.
Once you have completed all these steps accurately and completely, your identity verification process will be finalized shortly.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account through all banks. You can deposit TL 24/7 from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, Türkiye Finans accounts and conduct uninterrupted transactions. Deposits up to 50,000 TL can be made 24/7 with FAST from other banks. Deposits over 50,000 TL made from other banks are processed within EFT hours.
To deposit money into your Binance TR account, first visit trbinance.com, hover over the “Wallet” option located at the top left of the homepage, and select the “Deposit” option from the drop-down menu.
Then, a page like the one below will appear, and you can continue the deposit process by choosing your preferred bank from this page. If your preferred bank is not integrated with Binance TR yet, you should proceed by clicking 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 transfers via wire transfer, EFT, or FAST. All you need to do now is transfer the desired amount to your Binance TR account using the information displayed on your preferred bank’s page.
After your bank completes the transfer process, the funds you sent will automatically reflect in your Binance TR account wallet.
How to Buy MBOX Coin with TL on Binance TR?
After completing the deposit process, you can proceed to the step of purchasing MBOX coin with TL by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website.
Upon clicking on this option, the following page will be displayed. In the search section on the right side of the page, type “Mobox (MBOX)” and select the MBOX/TRY option from the results to access the TL to MBOX purchase page.
Now, the MBOX trading page will open as shown below. In the area highlighted in the red box, enter the desired price at which you wish to purchase MBOX in the first box, and the number of MBOX coins you want to buy in the second box. After entering the amount, complete your purchase by clicking on the “Buy MBOX” button.
What is Binance TR?
Binance TR, launched officially in 2020, is the cryptocurrency exchange Binance’s platform tailored for cryptocurrency investors in Turkey. Headquartered in Istanbul, this cryptocurrency exchange can be accessed at trbinance.com.
Binance TR leverages Binance’s technology, security measures, and liquidity provided by the Binance Cloud infrastructure to offer both fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through direct banking channels and trade various cryptocurrencies with TRY pairs via Binance TR.
Users supported by Binance’s core functions can access market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custodial solutions, and risk controls through Binance TR.
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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, and should conduct their own research.