Jupiter is one of the largest DeFi protocols built on the Solana blockchain, combining numerous significant features. This article explores what Jupiter is and where you can buy its native asset, JUP.
What Is Jupiter?
Initially designed as a liquidity aggregator for token swaps, similar to 1inch on Ethereum, Jupiter expanded to include perpetual futures in the style of GMX. Besides being a liquidity aggregator, Jupiter launched a decentralized stablecoin called sUSD, providing an alternative supported by Solana liquid staking tokens.
Where to Buy JUP Coin?
JUP coin can be safely bought and sold on the leading cryptocurrency exchange Binance. JUP was listed on Binance on January 31, 2024, and is available for trading in JUP/USDT, JUP/FDUSD, and JUP/TRY pairs. To purchase JUP, users need to register on Binance, fund their wallet with cryptocurrency or fiat, and make a purchase using the specified trading pair.
Jupiter is a multifunctional platform on Solana offering a range of DeFi services. Its stablecoin sUSD and support of Solana staking tokens make it a unique tool for users.
