Frontier (FRONT) is a significant project in the cryptocurrency sector aiming to simplify access to decentralized finance (DeFi) products and services. As the cryptocurrency industry rapidly expands, it has caused significant disruptions, particularly in the financial sector, leading to the emergence of the DeFi concept. However, navigating numerous DeFi protocols and services can be challenging for users. Frontier simplifies this difficulty by bringing various DeFi products and services under one platform, making it easier for users to access and manage their DeFi positions across multiple blockchains and applications. In this article, you can find answers to two frequently asked questions: What is Frontier (FRONT) and how to buy Frontier (FRONT) with TRY.
What is Frontier (FRONT)?
Frontier acts as an aggregation layer for DeFi products and services, providing users with a seamless experience across multiple blockchains. Whether it’s Ethereum, Binance Chain, BandChain, Kava, or Harmony, Frontier supports various blockchains, allowing users to efficiently track and manage their DeFi positions. Frontier also offers additional features such as staking across networks, providing liquidity to integrated applications, and swapping or exchanging assets across blockchains.
Frontier is blockchain-agnostic and provides access to multiple protocols to create its aggregation layer. Its non-custodial wallet allows users to securely store their cryptocurrencies, DeFi tokens, and NFTs with full control over their private keys. Users can also use the Frontier platform to send, store, invest, and earn passive income to support DeFi applications. The Frontier ecosystem comprises various components, including the Frontier DeFi Application, Mobile DeFi Aggregator, Frontier Chain, and a unified API for all DeFi protocols and services.
FRONT coin serves as an ERC-20 token within the Frontier ecosystem, securing Frontier’s decentralized key management system and providing governance rights to users. FRONT coin also has various beneficial features within the ecosystem, such as providing liquidity on decentralized exchanges (DEXs) and Automated Market Makers (AMMs), promoting the use of DeFi services within the ecosystem, and acquiring NFTs and referrals.
How to Buy Frontier (FRONT) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Frontier (FRONT). Over 100 cryptocurrencies, including FRONT, can be bought and sold on Binance TR, where accounts can be created quickly. To buy Frontier (FRONT) 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. For this, go to trbinance.com and proceed 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 Turkish ID number.
After entering the requested information completely and correctly, email/sms verification will be performed 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 performed 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 either from your phone or through the official Binance TR website. Note that you will need your 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.” In the next 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, 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.
After selecting the document type, you can continue by tapping on the “Upload Front” option. After taking a photo of the front side of the document according to the document type you selected, tap on the “Upload Back” 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 you can 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. After the camera opens, make sure your face fills the camera area as much as possible.
After completing all these steps 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 through 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 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 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 make a transfer, EFT, or FAST to that bank. Now, all you need to do 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 FRONT Coin with TL on Binance TR?
After the deposit process, you can proceed to the step of purchasing FRONT 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. You can go to the TL to FRONT purchase page by typing “FRONT” in the search section on the right side of this page and clicking on the FRONT/TRY option from the results.
Now the FRONT trading page below will open. On this page, in the red-marked area, you need to enter the price at which you want to buy FRONT in the first box and the number of FRONT you want to buy in the second box. After entering the amount, you can complete your purchase by clicking on the “Buy FRONT” 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 Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through direct bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
With 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.
