Binance has opened deposits and withdrawals for the Turkish Lira (TRY) through Papara. Users can now start to deposit TRY to their Binance Wallet and then use the funds in their Binance Wallet to buy BTC, BNB, ETH, XRP and more choices you will see in the [Buy Crypto] service. To learn how to deposit TRY though Papara, please follow the instructions step-by-step below.
- TRY deposit and withdrawal fees: 1% per transaction and the Maximum cap is 100 TRY.
- Deposit limit : Maximum deposit per transaction is 50,000 TRY and minimum deposit per transaction is 1 TRY.
- Withdrawal limit : Maximum withdrawal per transaction is 50,000 TRY and minimum withdrawal per transaction is 0.1 TRY.
- To be able to deposit and withdraw, you are required to pass Papara verification first.
Sign in to your Binance account.
Navigate to the Deposit & Withdraw section of your wallet.
Select Deposit-Fiat and choose TRY.
Input the amount of TRY you want to deposit and the payment method will be Papara account balance.
You will be required to input your national ID number as you have registered on Papara.
Log in to your Papara account and complete the payment on Papara.
You have now completed your deposit.