Origin Token (OGN) is an Ethereum-supported platform that combines NFTs and decentralized finance (DeFi) to create unique experiences and opportunities for users. Origin Token aims to bring NFTs and DeFi to the masses by providing simplified platforms for NFT issuance and stablecoin-based passive income. In this article, you can find answers to two frequently asked questions: What is Origin Token (OGN), and how to buy Origin Token (OGN) with TRY?
What is Origin Token (OGN)?
Origin Token started as a decentralized e-commerce platform but later shifted its focus to NFTs and DeFi. The platform consists of two main components: NFT Launchpad and Origin Dollar (OUSD). Through these components, Origin Token empowers creators and users to interact with NFTs and DeFi in innovative ways, providing more control and accessibility to cryptocurrencies and financial opportunities.
NFT Launchpad is Origin Token’s marketplace for NFT issuance, designed to simplify the process for creators and provide unique experiences for users. Creators can customize their showcases, pricing models, and content to offer a wide range of digital products, collectibles, and experiences. This platform aims to democratize NFT creation and ownership, allowing creators to connect directly with their audiences and monetize their work in new ways.
Origin Dollar (OUSD) represents Origin Token’s entry into the DeFi ecosystem, offering users a stablecoin pegged 1:1 to the US dollar with the advantage of passive income. Unlike traditional stablecoins, OUSD holders can earn yields directly from their wallets without needing to stake or lock their funds. This passive income is generated through the automatic rebalancing of funds across various lending protocols, allowing users to participate in yield farming seamlessly.
The Origin Token ecosystem is governed by the OGN coin, which ensures the platform’s transparent auditing and development. OGN coin holders have a stake in the governance process, ensuring the platform evolves according to the community’s needs and priorities. This governance model fosters a collaborative environment where users can actively participate in shaping the future of Origin Token.
Origin Token offers users various advantages, such as greater control over NFT creation and ownership, simplified access to DeFi opportunities, and passive income with OUSD. By combining NFTs and DeFi on a single platform, Origin Token aims to democratize access to cryptocurrencies and financial services, empowering both creators and users.
How to Buy Origin Token (OGN) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Origin Token (OGN). On Binance TR, where accounts can be created quickly, more than 100 cryptocurrencies, including OGN, can be bought and sold. To buy Origin Token (OGN) 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 account creation, you will be asked to enter basic information such as your email address, phone number, name-surname, date of birth, nationality, and T.C. identity number.
After entering the requested information completely and correctly, 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 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 from your phone or through the official Binance TR website. Note that you will 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.” After this step, you will need to scan the QR code that appears with your mobile phone camera and continue the process on your phone. If you cannot scan the QR code, you can 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, 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 can be easily read.
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. Once the camera opens, ensure that 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 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 from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, Türkiye Finans accounts and make transactions without interruption. 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 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 OGN Coin with TL on Binance TR?
After the deposit process, you can proceed to the OGN coin purchase step 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. On this page, type “OGN” in the search section on the right side and click on the OGN/TRY option from the results to go to the OGN purchase page with TL.
Now the OGN 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 OGN in the first box and the number of OGN you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy OGN” 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 easily deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading 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, custody solutions, and risk controls through Binance TR.
