Atletico de Madrid Fan Token (ATM) is a service token that allows fans to influence club decisions and earn rewards. Offering governance, rewards, and future staking opportunities through the Socios platform, ATM operates on the Chiliz Chain. This token is designed to enhance fan engagement and provide a richer fan experience through Blockchain technology. In this article, you can find answers to two frequently asked questions: What is Atletico de Madrid Fan Token (ATM) and how to buy Atletico de Madrid Fan Token (ATM) with TRY.
What is Atletico de Madrid Fan Token (ATM)?
Atletico de Madrid Fan Token is a special service token created for Atletico de Madrid Football Club fans. The token operates on the Chiliz Chain, a sidechain built on Ethereum using the Proof of Authority (PoA) consensus mechanism. The primary purpose of the ATM token is to increase fan engagement and provide unique rewards and governance opportunities through the Socios platform, a Blockchain-based fan engagement and reward platform.
ATM token gives holders a tokenized share of influence over various club decisions. Fans can participate in binding “fan decision” polls using the Socios app. These polls allow ATM holders to vote on specific issues related to the club, providing a direct line of influence on decisions made by Atletico de Madrid. This voting process is facilitated through smart contracts, ensuring transparency and security in the decision-making process.
In addition to governance, the ATM token offers other advantages to its holders. One of the most significant benefits is the ability to earn rewards through interactions on the Socios platform. These rewards can take various forms, such as exclusive experiences, merchandise, or other fan-centric incentives. The reward system is designed to increase fan engagement and loyalty, making the experience richer for fans.
Another key feature of the ATM token is its staking potential. In the future, ATM holders will have the opportunity to stake their tokens to earn NFT rewards. Staking involves locking tokens for a certain period to support network activities, and in return, participants receive rewards. This feature adds an additional layer of benefit to the ATM token, encouraging long-term holding and participation in the club’s ecosystem.
The Chiliz Chain, on which the ATM token operates, is built to support these functions. As a PoA sidechain of Ethereum, it provides a dedicated platform for sports and entertainment tokens while leveraging the security and robustness of the Ethereum network. This infrastructure ensures that transactions are efficient, secure, and scalable, meeting the needs of a global fan base.
How to Buy Atletico de Madrid Fan Token (ATM) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Atletico de Madrid Fan Token (ATM). Over 100 cryptocurrencies, including ATM, can be bought and sold on Binance TR, where accounts can be quickly created. To buy Atletico de Madrid Fan Token (ATM) with TRY on Binance TR, follow these steps.
How to Open an Account on Binance TR?
Opening an account on Binance TR is quite easy. Go to trbinance.com and proceed from the “Create Account” step. In the first step of account creation, you will be asked to enter basic information such as email address, phone number, name-surname, date of birth, nationality, and T.C. identity number.
After entering the requested information completely and correctly, an email/SMS verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?
Identity verification on Binance TR is one of the security procedures that must be completed before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can choose to complete the verification process from your phone or the official Binance TR website. 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 at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, click on the “Copy URL” option to have the identity verification address sent to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first tap on the “Identity” option to continue.
Then, a screen like the one below will appear. To continue the verification process, first select the document type that suits you.
After selecting the document type, tap on the “Upload Front Side” option to continue. After taking a photo of the front side of the document according to the selected document type, tap on the “Upload Back Side” option and take a photo of the back side of the document and upload it. When taking photos of the front and back sides of your ID card or driver’s license, make sure the images are clear and the information in the photo is easily readable.
Then tap on the “Selfie” option to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Once the camera is open, make sure your face fills the camera area as much as possible.
After completing all these steps accurately and correctly, your identity verification process will be completed in a short time.
How to Deposit TL on Binance TR?
You can easily deposit TL into your Binance TR account from all banks. You can deposit TL 24/7 and make uninterrupted transactions from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits from other banks can be made 24/7 up to 50,000 TL via FAST. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first go to trbinance.com, hover over the “Wallet” option at the top left of the homepage, and click on the “Deposit” option from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not yet integrated with Binance TR, you should click on the “Other Banks” option to continue.
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. All you need to do now is use the information displayed on the bank’s page to transfer the amount you want to deposit into your Binance TR account via transfer, EFT, or FAST.
After your bank completes the transfer process, the funds you sent will automatically be reflected in your Binance TR account wallet.
How to Buy ATM Coin with TL on Binance TR?
After the deposit process, you can proceed to the TL to ATM coin purchase step by clicking on the “Buy-Sell” option in the top left menu on the Binance TR website.
After clicking on this option, the following page will open. You can go to the TL to ATM purchase page by typing “ATM” in the search section on the right side of this page and clicking on the ATM/TRY option from the results.
Now the following ATM trading page will open. On this page, in the area marked with a red box, you need to enter the price at which you want to buy ATM in the first box and the number of ATMs you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy ATM” button.
What is Binance TR?
Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR leverages Binance’s technology, security measures, and liquidity provided through 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) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users gain access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functionalities through Binance TR.
