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Jupiter (JUP): Redefining DeFi With Solana's Efficiency

Intermediate
DeFi
Explainers
Altcoins
Jan 26, 2024
8 min read
0

Crypto traders are constantly looking for the best exchange with the lowest fees, so it's no surprise that exchanges are one of the most popular types of crypto startups. One new system worth exploring is Jupiter Station. This blockchain-based exchange's motto is "Best Price, Best UX, Best Tokens," and it's already attracted a lot of interest. 

To learn more about Jupiter Station and see how the exchange works, read this helpful guide.

Key Takeaways:

  • Jupiter is a decentralized crypto exchange based on the Solana ecosystem that aims to replace centralized exchanges with a more streamlined system.

  • Jupiter will be having a community airdrop on Jan 31, 2024. Existing users will be able to receive 200 free tokens upon token launch. Those who've had at least $10 worth of coins on the platform, or who made at least 10 transactions on it before March 2022 will also receive up to additional 500 tokens in the JUP airdrop.

  • Looking to trade JUP tokens? Bybit now offers the JUP/USDT Spot trading pair. To celebrate this listing, Bybit is holding an exclusive event where you can earn a share of the 100,000 USDT prize pool!

What Is Jupiter?

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