Jupiter Exchange Overview

Suba

Moderator
Staff member
Jupiter is a decentralized crypto exchange or DEX that runs on the Solana network and has a native JUP token. The Jupiter crypto exchange is used by Solana users for trading crypto and memecoins. Birsa Jupiter in the Solana system acts as a liquidity aggregator of various DEX and AMM pools, so Jupiter can combine the best prices

Features
Jupiter Exchange provides various features such as:

  • The Swap feature functions to exchange tokens quickly and instantly or market orders.
  • Limit Order feature for trading at a certain price.
  • Decentralized Perpetual Futures (Beta) Trading feature that allows traders to trade leverage on rising or falling asset prices.
  • DCA (dollar cost average) feature, strategy for buying/selling crypto gradually (every day, week, month) to get an average price.

How to use Jupiter exchange is also very easy, users only need to connect Jupiter exchange with several supported wallets such as Solflare wallet, Phantom, Bitget wallet, WalletConnect etc. and users also have to make sure they have Solana (SOL) in their wallet for both transactions and paying gas fees.
 

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