Ankr (ANKR) is a platform that facilitates the adoption of Web3 technologies by allowing users to easily deploy nodes on Proof of Stake (PoS) blockchains, stake PoS tokens, and access DeFi applications. Ankr simplifies the node setup process and offers various services to node operators for a monthly fee. Additionally, its StakeFi service allows users to stake small amounts of ETH and earn additional rewards that can be used in DeFi applications. In this article, you can find answers to two frequently asked questions: What is Ankr (ANKR) and how to buy Ankr (ANKR) with TRY.
What is Ankr (ANKR)?
Ankr is a platform designed to facilitate the adoption of Web3 technologies by providing an easy way for users to deploy nodes on PoS blockchains, stake PoS tokens, and access decentralized finance (DeFi) applications. Running a node on a PoS blockchain can be a profitable way to earn income but usually requires significant hardware investments and technical knowledge. Ankr overcomes these challenges by simplifying the node creation process and making it accessible with just a few clicks for dozens of blockchains. Ankr offers various services to support node operators for a monthly fee.
Initially launched as a Distributed Cloud Computing Network, Ankr aimed to utilize excess computing capacity in a network of idle machines and reduce dependency on a single cloud computing provider. Over time, the Ankr team expanded its focus to make it easier to participate in blockchains, build on blockchains, and facilitate the use of blockchains. Ankr’s native cryptocurrency, ANKR coin, is used as a payment method across the platform.
Ankr’s product offerings can generally be categorized into two main functions: Node Infrastructure and StakeFi. For Node Infrastructure, Ankr simplifies the node launching process for those who lack the resources or technical skills to do it independently. Whether users need a full node that stores the entire blockchain or a validator node that only stores the current state, Ankr offers solutions for various blockchains, including Bifrost, Tron, and Kusama. Beyond node setup, Ankr ensures the performance of nodes, protecting users’ staked funds from penalties due to fraud or downtime.
In addition to node infrastructure, Ankr also supports the deployment of decentralized applications (dApps) through its application programming interface (API). This infrastructure allows developers to access many leading blockchain networks, such as Ethereum, Polygon, and Polkadot, without needing extensive documentation. Ankr’s API solutions aim to accelerate application timelines and provide accurate and timely data to dApps.
Ankr’s other core service, StakeFi, simplifies the staking process for individuals who want to validate transactions on various blockchains. For example, becoming a validator on Ethereum 2.0 requires staking 32 ETH and having the technical skills to manage a node. Ankr’s StakeFi lowers the entry barrier by allowing individuals to stake as little as 0.5 ETH, automatically directing these amounts to the highest-yield pools. The platform is non-custodial, meaning users retain control of their assets in their wallets, eliminating the need to lock funds on different platforms. In return, users receive synthetic tokens like aETH, which reflects the value of ETH on Ankr, along with additional rewards. These tokens and rewards can be used in DeFi applications and protocols.
How to Buy Ankr (ANKR) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Ankr (ANKR). On Binance TR, where an account can be created quickly, over 100 cryptocurrencies, including ANKR, can be bought and sold. To buy Ankr (ANKR) with TRY on Binance TR, you can follow the steps below.
How to Open an Account on Binance TR?
Opening an account on Binance TR is quite easy. For this, you need to go to the trbinance.com address and continue from the “Create Account” step. In the first step of creating an account, 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 accurately, 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 carried out before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can perform the verification process from your phone or the official Binance TR website. Note that you will need your mobile phone to verify your identity from the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on the “Identity Verification and Limits” option 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, you can click on the “Copy URL” option to send the identity verification address 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, continue by tapping on the “Identity” option first.
Then a screen like the one below will appear. To continue the verification process, first select the document type that suits you best.
After selecting the document type, continue by tapping on the “Upload front side” option. After taking a photo of the front side of the document according to the document type you selected, 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 continue by tapping on the “Selfie” option. At this point, 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.
After completing all these steps correctly and completely, your identity verification process will be completed shortly.
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. For other banks, you can deposit up to 50,000 TL 24/7 with 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 the trbinance.com address, hover over the “Wallet” option at the top left of the main page, 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 continue 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 transfer money via wire transfer, EFT, or FAST to that bank. All you need to do now is transfer the amount you want to deposit into 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 be automatically reflected in your Binance TR account wallet.
How to Buy ANKR Coin on Binance TR with TL?
After the deposit process, you can proceed to the TL to ANKR 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. By typing “ANKR” in the search section on the right side of this page and clicking on the ANKR/TRY option from the results, you can go to the ANKR purchase page with TL.
Now the following ANKR trading page will open. On this page, in the red-marked area, you need to enter the price at which you want to buy ANKR in the first box and the number of ANKR you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy ANKR” 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 offers both fiat-to-crypto and crypto-to-crypto trading services by 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) via direct bank channels and trade various cryptocurrencies with TRY trading pairs through Binance TR.
Users gain access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls, all supported by Binance’s core functionalities through Binance TR.
