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Convert
Turkish lira (TRY) to ICON (ICX) Instantly

TRY TRY
ICX ICX
Buy ICON (ICX)

Purchase ICON (ICX) with Turkish lira (TRY) easily at Switchere and benefit from fast, secure transactions.

About
ICON (ICX)

ICON (ICX) is a decentralized network and layer-one blockchain designed to solve the critical issue of blockchain interoperability. Its core mission is to facilitate seamless cross-chain communication, allowing independent blockchains with different governance structures to interact without intermediaries. This vision of creating a "digital nation" is powered by its proprietary Blockchain Transmission Protocol (BTP), a chain-agnostic solution that enables the transfer of both value and data across connected networks. This makes ICON a fundamental piece of Web3 infrastructure, connecting disparate digital assets and dApps into a cohesive ecosystem.

The network is built on a high-performance blockchain engine called Loopchain and secured by a Delegated Proof-of-Stake (DPoS) consensus mechanism. In this system, ICX holders stake their tokens to vote for Public Representatives (P-Reps), who are responsible for validating transactions and governing the protocol. The native utility token, ICX, is central to the ecosystem's tokenomics. It is used for paying transaction fees, executing smart contracts written in Java, participating in on-chain governance, and earning staking rewards. Through its advanced technology stack, ICON provides a robust framework for building scalable, cross-chain DeFi applications and services.

ICON (ICX)

How to Buy ICON (ICX)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose TRY to ICX Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your ICON Wallet Address

    Provide your ICX wallet address and proceed with the payment.

  3. 03

    Receive Your ICON

    Complete the payment, and your ICX will be sent to your wallet.

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Frequently asked questions

  • What are the common methods for buying ICON (ICX) with Turkish Lira (TRY)?

    To purchase ICON (ICX) with Turkish Lira, the most direct fiat on-ramp is through a centralized cryptocurrency exchange that operates in Turkey and lists the TRY/ICX pair. Users typically need to complete KYC/AML compliance, then deposit TRY via a local bank transfer (EFT/Havale). Once the fiat deposit is credited, you can place an order on the exchange's order book to trade your TRY for this digital asset.

  • What is the significance of ICON's Blockchain Transmission Protocol (BTP) for TRY/ICX traders?

    For traders using TRY to acquire ICX, the underlying technology of ICON, especially its Blockchain Transmission Protocol (BTP), is a key value proposition. BTP enables cross-chain communication and interoperability with other major blockchains. This means that ICX acquired via the Turkish Lira can serve as a gateway asset to interact with a multi-chain ecosystem, potentially accessing dApps and DeFi protocols beyond the native ICON network.

  • What are the typical fees and regulatory considerations for TRY to ICX transactions in Turkey?

    Transactions involving the TRY/ICX pair on Turkish exchanges are subject to local regulations, including those set by MASAK (Financial Crimes Investigation Board). This mandates strict KYC procedures. Fee structures typically include a small deposit fee for TRY bank transfers, a trading fee (often a maker-taker model ranging from 0.1% to 0.3%), and a fixed ICX withdrawal fee to move your assets to a private digital wallet.

  • Once I buy ICX, how does ICON's Delegated Proof-of-Stake (DPoS) system benefit me as a holder?

    As an ICX holder, you can participate in ICON's Delegated Proof-of-Stake (DPoS) consensus mechanism. This allows you to stake your ICX tokens and delegate them to Public Representatives (P-Reps) who validate transactions and govern the network. In return for securing the network through your delegation, you earn staking rewards, providing a way to generate passive income on your digital asset holdings.

  • What are the security best practices for storing ICX after a TRY purchase?

    After acquiring ICX through a TRY fiat gateway, it is highly recommended to move your digital assets from the exchange to a non-custodial digital wallet where you control the private keys. For the ICON network, supported wallets include Hana Wallet (a browser extension and mobile wallet) or hardware wallets like Ledger for maximum security. This practice of self-custody mitigates the risk of loss from exchange-related security breaches.
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