Buy Jupiter (JUP)
What is Jupiter?
Jupiter is a decentralised exchange aggregator on the Solana blockchain. It provides essential liquidity infrastructure and facilitates seamless token swapping across the Solana ecosystem.
How does Jupiter work?
Jupiter operates on the Solana blockchain, utilising its high-performance capabilities for speed and low transaction costs. The platform functions as a swap aggregation engine, pooling liquidity from various decentralised exchanges to ensure efficient token swaps with minimal slippage. Jupiter uses smart contracts for its exchange operations and governance processes, leveraging Solana's Proof of Stake (PoS) consensus mechanism.
What are the potential use cases for Jupiter?
Jupiter's potential use cases include:
- Decentralised finance (DeFi) applications such as decentralised trading and liquidity provision.
- Gaming industry applications for facilitating in-game asset transactions.
- Supply chain management for enhancing transparency and traceability.
- Healthcare industry applications for secure data storage and sharing.
- Peer-to-peer energy trading in the energy sector.
What is the history of Jupiter?
Jupiter was founded by a team including Fabiano Solana, Rolex Gold, Mei, and Meow, with the goal of creating a decentralised exchange aggregator on the Solana blockchain. It launched in October 2021 and quickly introduced key functionalities like Metropolis APIs and a token airdrop. Jupiter has achieved significant milestones, such as reaching a record high in Total Value Locked (TVL) and partnering with burgeoning projects like Sanctum. The platform is noted for its innovations in DeFi and strong community engagement.
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Frequently Asked Questions (FAQs)
What is the current price of Jupiter (JUP)?
The Jupiter price is $1.3082 AUD, representing a -7.8% from the day prior.
Where is the best place to buy Jupiter (JUP) in Australia?
The best place to buy Jupiter (JUP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Jupiter (JUP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Jupiter (JUP)?
The trading volume of Jupiter (JUP) is $279.4M AUD in the last 24hrs, representing a -7.8% from the day prior.
How can I buy Jupiter (JUP)?
Jupiter (JUP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Jupiter (JUP)?
The current market cap of Jupiter (JUP) is $1.8B AUD.
Can I convert Jupiter (JUP) to cash?
Yes - With Coinstash you can convert your Jupiter (JUP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Jupiter (JUP) are there?
The current circulating supply of Jupiter (JUP) is 1.4B.
Is Coinstash a safe place to buy Jupiter (JUP) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Jupiter (JUP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.