Origin Token (OGN) is a blockchain-based platform on Ethereum that merges the realms of NFTs and decentralized finance (DeFi) to offer users distinctive experiences and financial opportunities. It aims to popularize NFTs and DeFi by simplifying the creation process for NFTs and providing stablecoin-based passive income options. This article answers two key questions: What is Origin Token (OGN), and how to purchase it using Turkish Lira (TRY)?
What is Origin Token (OGN)?
Initially conceived as a decentralized e-commerce solution, Origin Token has pivoted its focus towards the NFT and DeFi sectors. The platform features two primary elements: the NFT Launchpad and Origin Dollar (OUSD). Through these components, Origin Token enables creators and users to engage with NFTs and DeFi protocols innovatively, offering enhanced control and access to cryptocurrencies and financial tools.
The NFT Launchpad serves as a marketplace for the issuance of NFTs, aiming to simplify the process for creators and deliver unique experiences to users. It allows creators to customize their showcases, pricing models, and content to offer a diverse range of digital products and experiences. The goal is to democratize NFT creation and ownership, fostering direct connections between creators and their audiences.
How does Origin Dollar (OUSD) Work?
Origin Dollar (OUSD) is Origin Token’s foray into the DeFi ecosystem, providing users with a stablecoin pegged to the US dollar that generates passive income. Unlike traditional stablecoins, OUSD holders earn yields directly from their wallets without the need to stake or lock their assets. This income is generated through automatic fund rebalancing across multiple lending protocols, making yield farming accessible and seamless for users.
What is Binance TR?
Binance TR, launched in 2020, is the localized platform of Binance, the largest cryptocurrency exchange by trading volume. Headquartered in Istanbul, it allows Turkish users to deposit and withdraw Turkish Lira (TRY) and trade various cryptocurrencies. Leveraging Binance’s technology and security measures, Binance TR offers extensive liquidity, a robust matching engine, and advanced risk controls.
Key Benefits
Unique advantages and user inferences include:
- Direct passive income through OUSD without staking.
- Customizable NFT creation for diverse digital products and experiences.
- Seamless interaction with DeFi protocols for enhanced financial opportunities.
- Community-driven governance model with OGN coin.
How to Buy Origin Token (OGN) with TRY?
For Turkish investors, Binance TR is the preferred platform for purchasing Origin Token (OGN). To buy OGN with TRY on Binance TR, follow these steps. First, create an account on the Binance TR website by providing essential personal information. Next, complete the identity verification process (KYC) to ensure account security. Once verified, deposit Turkish Lira into your Binance TR account using bank transfer, EFT, or FAST. Finally, navigate to the OGN/TRY trading pair to purchase OGN using the deposited funds.
By combining the unique aspects of NFTs and DeFi, Origin Token offers an innovative platform that empowers users and creators alike, democratizing access to digital assets and financial services.