Convert
Bangladeshi Taka (BDT) to Just (JST) Instantly
Purchase Just (JST) with Bangladeshi Taka (BDT) easily at Switchere and benefit from fast, secure transactions.
About
Just (JST)
Just (JST) is a comprehensive decentralized finance (DeFi) ecosystem built on the TRON blockchain, designed to provide a suite of interconnected financial services. Its primary objective is to create an all-in-one platform for TRON users, centered around its decentralized stablecoin system, JustStable. Through this system, users can collateralize TRON's native token (TRX) in a Collateralized Debt Position (CDP) to mint USDJ, a stablecoin pegged 1:1 to the US Dollar. This core functionality provides liquidity and a stable medium of exchange for the entire digital asset ecosystem on the TRON network.
The platform's architecture extends beyond stablecoins to include JustLend, a money market protocol for lending and borrowing, and JustSwap, a decentralized exchange for seamless token swaps. This integrated approach aims to build a robust financial infrastructure. The native digital asset, JST, is a TRC-20 token that serves a dual purpose. As a utility token, it is used for paying interest on CDPs. More critically, JST functions as a governance token, empowering holders to participate in on-chain governance by voting on key parameters like stability fees and collateral types, thereby shaping the future development and stability of the decentralized network.
How to Buy Just (JST)
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Frequently asked questions
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What is the BDT/JST trading pair and how does it function?
The BDT/JST pair represents the exchange rate between the Bangladeshi Taka (BDT) and Just (JST), a digital asset on the TRON blockchain. It allows users to perform a fiat on-ramp, converting their BDT into JST. JST is a TRC-20 token central to the JUST DeFi ecosystem, which includes platforms like JustLend for decentralized lending and JustStable for the USDJ stablecoin. -
What are the common ways to buy Just (JST) with Bangladeshi Taka (BDT)?
Direct BDT/JST pairs on centralized cryptocurrency exchanges are uncommon. The most prevalent method is through peer-to-peer (P2P) marketplaces that support BDT transactions. On these platforms, you can buy a more liquid cryptocurrency like USDT or TRX using local payment methods such as bKash, Nagad, or bank transfer, and then trade it for JST. -
What is the utility of the JST token within the DeFi on TRON ecosystem?
The JST token has multiple functions. It serves as the governance token for the JUST ecosystem, allowing holders to vote on proposals. It's also used for paying stability fees on the JustStable platform to maintain the USDJ peg and can be staked on JustLend to earn interest. This utility drives demand for the digital asset beyond simple trading. -
What fees should I anticipate when processing a BDT to JST transaction?
When using a P2P platform, there are typically three types of costs. First, the P2P platform itself may charge a small service or escrow fee. Second, there's the exchange rate set by the seller. Finally, when you withdraw your JST (a TRC-20 token) to a personal digital wallet, you will incur a TRON blockchain transaction fee, which is paid in TRX and is usually referred to as 'Energy'. -
How can I securely store my JST tokens after a successful BDT purchase?
For secure storage, you should move your JST tokens from the exchange or P2P platform to a digital wallet where you control the private keys. Since JST is a TRC-20 token, you need a TRON-compatible wallet. Popular choices include TronLink (a browser extension and mobile app) or hardware wallets like Ledger or Trezor for the highest level of security.