Sandbox is a decentralized virtual game world running on the Ethereum Blockchain, allowing players to purchase digital plots known as LAND and create unique experiences. Sandbox operates with LAND, SAND, and ASSET tokens; LAND tokens represent virtual real estate, SAND tokens facilitate various transactions and governance, and ASSET tokens represent in-game items. Users can create and trade their creations as ERC1155 tokens in the marketplace using tools like Voxel Editor and Game Creator. SAND tokens are used for purchasing LAND and ASSET, user interactions, and participating in the platform’s decentralized governance. In this article, you can find answers to two frequently asked questions: what is Sandbox (SAND) and how to buy Sandbox (SAND) with TRY.
What is Sandbox (SAND)?
Sandbox is a decentralized virtual game world running on the Ethereum Blockchain. It allows players to purchase digital plots known as LAND and create unique experiences to share with other users. This positions Sandbox as a significant example of a Blockchain-based metaverse similar to Decentraland.
At the core of Sandbox are three types of tokens that facilitate its operations. The first is the LAND token. LAND tokens are NFTs representing virtual real estate within Sandbox. Players can purchase LAND to create and share interactive experiences. The second is the SAND token. These tokens are used for various transactions within the game, such as purchasing LAND, interacting with user-generated content, and participating in the decentralized autonomous organization’s (DAO) governance through staking.
The third token is ASSET. These are NFTs representing in-game items such as equipment for avatars and other creations used to populate LAND. ASSET tokens can be bought and sold in Sandbox’s marketplace.
Sandbox ensures secure and transparent transactions by leveraging the Ethereum Blockchain to track the ownership of LAND and ASSETS. Users interact with the ecosystem through Ethereum wallets that store SAND tokens.
Developers and players can innovate and create in The Sandbox using various tools:
- Voxel Editor: This tool allows users to create and design voxels, the smallest unit of three-dimensional design. Players can design everything from flora and fauna to avatar equipment like clothing and weapons.
- Game Creator: This tool enables users to create 3D games on LAND using ASSET tokens they have created or purchased from the marketplace.
Users can upload their creations to the Sandbox marketplace, where they are registered as ERC1155 tokens (ASSETS) on the Ethereum Blockchain. These ASSETS can then be bought and sold using SAND tokens, creating a vibrant, player-driven economy in the virtual world.
SAND coin is crucial for facilitating various transactions in The Sandbox. Beyond purchasing LAND and ASSETS, SAND is required for staking, allowing users to participate in the platform’s governance through the DAO. This decentralized approach ensures that players have a say in the development and future direction of Sandbox.
How to Buy Sandbox (SAND) with TRY?
Binance TR is the most suitable cryptocurrency exchange for investors in Turkey looking to buy Sandbox (SAND). Over 100 cryptocurrencies, including SAND, can be bought and sold quickly on Binance TR. Follow these steps to purchase Sandbox (SAND) with TRY on Binance TR.
How to Open an Account on Binance TR?
Opening an account on Binance TR is quite easy. Go to trbinance.com and proceed with 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 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 Your 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. 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 “Identity Verification and Limits” from the drop-down menu, and then click “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 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. First, tap 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 the “Upload Front” option to continue. After taking a photo of the front side of the document according to the selected document type, tap the “Upload Back” option and take a photo of the back side of the document and upload it. Make sure the images are clear and the information in the photos you take is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then tap the “Selfie” option to continue. 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 accurately 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 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. Deposits up to 50,000 TL can be made 24/7 via 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 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. If your preferred bank is not yet integrated with Binance TR, you should continue by clicking 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 the Vakıfbank option, you will see an account name and IBAN address where you can transfer via wire transfer, EFT, or FAST. All you need to do now is use the information shown on the page of your preferred bank to transfer the amount you want to deposit into your Binance TR account via wire transfer, EFT, or FAST.
After your bank completes the transfer, the funds you sent will automatically be reflected in your wallet in your Binance TR account.
How to Buy SAND Coin with TL on Binance TR?
After the deposit process, you can proceed to the step of purchasing SAND coin with TL by clicking the “Buy-Sell” option in the top left menu on the Binance TR website.
After clicking this option, the following page will open. Type “SAND” in the search section on the right side of this page and click the SAND/TRY option from the results to go to the TL to SAND purchase page.
Now the SAND trading page will open. In the red-marked area on this page, you need to enter the price at which you want to buy SAND in the first box and the number of SAND you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy SAND” 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 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) through direct bank channels and trade various cryptocurrencies with TRY trading pairs via 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 through Binance TR.
