Memecoin (MEME), with its unique approach to encouraging user engagement and meme creation, is an ERC-20 token. Memecoin operates in the evolving meme-based cryptocurrency market, offering users opportunities to earn rewards for sharing memes and participating in the platform’s ecosystem. In this article, you can find answers to two frequently asked questions: What is Memecoin (MEME), and how to buy Memecoin (MEME) with TRY.
What is Memecoin (MEME)?
Memecoin, represented by the symbol MEME, is an ERC-20 token used to promote network growth and user engagement within the Memecoin ecosystem. Unlike traditional cryptocurrencies, Memecoin leverages the popularity and trendiness of memes to increase its value and utility. Users can earn MEME coins through various activities such as creating memes, participating in growth pools, and interacting with the Memecoin marketplace.
At the heart of the Memecoin ecosystem is Meme.com, a platform that values memes as synthetic assets, with their values determined by their popularity and cultural relevance. MEME serves as the main network asset of the platform, allowing users to contribute to memes, purchase meme tokens, and participate in the market to earn rewards. Meme coins representing specific memes offer users an investment opportunity in the popularity of these memes within the ecosystem.
Users can activate their memes on the Meme.com platform to earn Memecoin rewards, which involves sharing memes and interacting with other users’ content. Additionally, investors have the option to purchase memes from content creators, further encouraging meme creation and participation. Memecoin rewards can be earned through various activities, such as contributing to the platform’s growth pools, identifying potential trends, and holding MEME coins in different markets.
Investing in Memecoin offers a unique opportunity to participate in the meme economy and potentially profit from the popularity of trending memes. The platform’s focus on encouraging user engagement and rewarding meme creators sets it apart from traditional cryptocurrencies. As memes continue to play a significant role in internet culture, Memecoin stands out by offering an innovative way to monetize meme creation and participation.
How to Buy Memecoin (MEME) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Memecoin (MEME). On Binance TR, where an account can be quickly created, more than 100 cryptocurrencies, including MEME, can be bought and sold. To buy Memecoin (MEME) 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 trbinance.com 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. ID number.
After entering the requested information completely and correctly, email/SMS verification will be performed to verify 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 perform the verification process from your phone or the official Binance TR website according to your preference. Note that you will also need your mobile phone to perform identity verification from 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 with 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 with 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 selected document type, tap on the “Upload Back Side” option and take a photo of the back side of the document and upload it. Make sure that the images are clear and the information in the photos is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
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. After the camera opens, make sure your face fills the camera area as much as possible.
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 transactions seamlessly from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits up to 50,000 TL can be made 24/7 with FAST from other banks. 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 the bank you prefer does not yet have Binance TR integration, 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. All you need to do now is use the information displayed on the page of your preferred bank 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 be automatically reflected in your Binance TR account wallet.
How to Buy MEME Coin with TL on Binance TR?
After the deposit process, you can proceed to the step of purchasing MEME coins with TL by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.
After clicking on this option, the following page will open. By typing “MEME” in the search section on the right side of this page and clicking on the MEME/TRY option from the results, you can go to the TL to MEME purchase page.
Now the following MEME trading page will open. In this page, in the area marked with a red box, you need to enter the price at which you want to buy MEME in the first box and the number of MEME you want to buy in the second box. After entering the amount, you can complete your purchase by clicking on the “Buy MEME” 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 trading services from fiat to cryptocurrency and from cryptocurrency to cryptocurrency, 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 functionalities, gaining access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls through Binance TR.
