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Convert
Colombian peso (COP) to Just (JST) Instantly

COP COP
JST JST
Buy Just (JST)

Purchase Just (JST) with Colombian peso (COP) 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.

Just (JST)

How to Buy Just (JST)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose COP to JST Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Just Wallet Address

    Provide your JST wallet address and proceed with the payment.

  3. 03

    Receive Your Just

    Complete the payment, and your JST will be sent to your wallet.

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Frequently asked questions

  • What is the COP/JST trading pair and what does it represent?

    The COP/JST pair represents the exchange rate between the Colombian Peso (COP) and the Just (JST) token. It functions as a fiat on-ramp, allowing users to purchase JST, a key governance and utility token for the JUST DeFi ecosystem on the TRON blockchain, directly with their local currency. This pair is essential for users in Colombia looking to participate in the JUST platform's decentralized lending and stablecoin (USDJ) system.

  • What are the common payment methods for buying JST with Colombian Pesos?

    To buy the TRC-20 token JST with COP, you'll typically use a cryptocurrency exchange that supports Colombian fiat deposits. The most common methods include direct bank transfers via PSE (Pagos Seguros en Línea), credit/debit card purchases, or P2P (peer-to-peer) platforms. Using PSE is often preferred for lower fees, while card payments offer faster processing. Always check the platform's liquidity for the COP/JST pair to ensure a fair market price.

  • What specific role does the JST token play in the TRON DeFi ecosystem?

    JST is the native TRC-20 governance token of the JUST Network. Its primary utilities are: 1) Governance, allowing holders to vote on proposals affecting the JUST ecosystem. 2) Interest payments, where users who generate USDJ from a Collateralized Debt Position (CDP) pay stability fees in JST. 3) Platform maintenance and providing incentives through mechanisms like liquidity mining. Its value is directly tied to the adoption and use of the JUST decentralized lending platform.

  • Is KYC/AML compliance required to use a Colombian Peso fiat on-ramp for JST?

    Yes, virtually all reputable cryptocurrency exchanges that provide a fiat on-ramp for Colombian Pesos (COP) require users to complete Know Your Customer (KYC) and Anti-Money Laundering (AML) verification. This is a standard security procedure to comply with financial regulations, prevent fraud, and secure the digital asset transaction process when converting fiat currency into a TRC-20 token like JST.

  • What are the typical fees associated with a COP to JST transaction?

    When converting COP to JST, you can expect several potential fees: 1) A deposit fee for getting your COP onto the exchange, which varies by payment method (e.g., PSE or card). 2) A trading fee on the exchange, typically a small percentage of the transaction value. 3) A withdrawal fee to move your JST tokens to a private digital wallet. Finally, remember that moving JST on the TRON blockchain itself consumes network resources (Bandwidth and Energy), which function as the network's transaction fees.
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