Your gateway to swap in a smarter way
Jupiter (JUP) powers Jupiter, a leading decentralized exchange (DEX) aggregator that has become a critical trading hub for Solana users. Known for offering best price routing, low fees, and seamless access to liquidity across multiple sources, Jupiter has quickly gained traction as a go-to platform for token swaps and advanced trading features. Now, JUP is available for buying and selling on Bitso.
What is Jupiter (JUP)?
Jupiter is a DEX aggregator designed to source the best token swap rates across Solana’s ecosystem. It combines liquidity from various decentralized exchanges to provide users with optimal prices and minimal slippage. Beyond simple swaps, Jupiter supports limit orders, dollar-cost averaging (DCA), cross-chain bridging, and perpetual futures, catering to both casual traders and power users.
The JUP token serves as the governance token of the Jupiter platform, allowing the community to influence decisions on upgrades, fee structures, and new features.
What makes JUP unique?
Jupiter stands out due to its aggregation-first approach, meaning it constantly scans and routes trades through the most efficient liquidity pools. This ensures better execution prices than trading directly on a single DEX. Furthermore, its cross-chain compatibility and integration with other Solana-based protocols make it an essential tool for DeFi participants.
A closer look at the founders
Jupiter was created by a team of anonymous developers passionate about building open and efficient trading infrastructure on Solana. While the team has remained largely pseudonymous, their contributions have made Jupiter one of the most trusted protocols in the Solana ecosystem.
What is the JUP token for?
JUP has several functions within the Jupiter ecosystem:
- Governance: Token holders can vote on key proposals affecting the platform’s future.
- Community Incentives: JUP is distributed through initiatives like airdrops to reward active users.
- Ecosystem Growth: It aligns community interests with protocol development, fostering innovation and adoption.
Real-world example
Ana frequently trades tokens on Solana but is tired of hunting for the best rates. She switches to Jupiter, which automatically finds the most efficient trade routes. By holding JUP, she can also vote on proposals that may shape the platform’s future and potentially benefit from future community programs.
How to buy JUP on Bitso
- Log in or sign up for your Bitso account.
- Use the conversion feature to swap your local currency (MXN, ARS, BRL, COP, or USD) for JUP.
- Track its market performance directly from the app.
- Enter the amount, review the details, and confirm your transaction.
Note: JUP is only available through conversions on Bitso. It is not supported on Bitso Alpha, and deposits or withdrawals from external wallets are disabled. However, you can send and receive JUP between Bitso users via Bitso Transfer.
Disclaimer
Jupiter (JUP) is the governance token of the Jupiter DEX aggregator, a protocol designed to improve token swap efficiency and liquidity access. While it plays an integral role in platform governance and community alignment, the value of JUP is speculative and influenced by factors such as protocol adoption and market dynamics. This content is for informational purposes only and does not constitute financial advice. Bitso encourages all users to conduct their own research (DYOR) before buying, selling, or holding any digital asset.
