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Morocco Dirham (MAD) to JasmyCoin (JASMY) Instantly

MAD MAD
JASMY JASMY
Buy JasmyCoin (JASMY)

Purchase JasmyCoin (JASMY) with Morocco Dirham (MAD) easily at Switchere and benefit from fast, secure transactions.

About
JasmyCoin (JASMY)

JasmyCoin (JASMY) is a pioneering digital asset at the forefront of the Internet of Things (IoT) data democracy, aiming to restore data sovereignty to individuals. Developed by Tokyo-based Jasmy Corporation, this project leverages blockchain technology to create a secure and user-centric environment for managing and exchanging personal data. Its core infrastructure, featuring the Secure Knowledge Communicator (SKC) and Smart Guardian (SG) services, empowers users to control their own information, deciding who can access it and for what purpose. This decentralized network facilitates a novel data marketplace where users can monetize their personal data generated by IoT devices, transforming it from a passively collected resource into a valuable, tradeable asset.

The JASMY token is the native utility token underpinning this ecosystem, functioning as the primary medium of exchange for data transactions and access to platform services. Businesses seeking to utilize user data within the Jasmy platform must use JASMY tokens, creating inherent demand. Furthermore, the tokenomics are designed to incentivize participation and secure the network, potentially involving mechanisms for staking or rewards for data providers. Jasmy's unique approach to IoT and personal data management, emphasizing cryptographic security and a personal data locker (PDL) concept, positions it as a key player in building a more equitable Web3 infrastructure, where users are in control of their digital footprint and can benefit directly from the data economy.

JasmyCoin (JASMY)

How to Buy JasmyCoin (JASMY)

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card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose MAD to JASMY Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your JasmyCoin Wallet Address

    Provide your JASMY wallet address and proceed with the payment.

  3. 03

    Receive Your JasmyCoin

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

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Frequently asked questions

  • What is the MAD/JASMY trading pair and what does it represent?

    The MAD/JASMY pair represents the exchange rate between the Moroccan Dirham (MAD) and JasmyCoin (JASMY). It signifies a direct fiat on-ramp for purchasing JASMY, an ERC-20 token on the Ethereum blockchain, using Moroccan currency. JasmyCoin is the native digital asset of the Jasmy Platform, which focuses on 'data democracy' and enabling users to control their own data within the Internet of Things (IoT) ecosystem.

  • What are the common methods to buy JASMY with MAD, considering regulatory aspects in Morocco?

    Direct MAD/JASMY pairs are rare on centralized exchanges. The most common method is through peer-to-peer (P2P) platforms where users can buy a major cryptocurrency like USDT or BTC with MAD via local bank transfer. Subsequently, this asset can be traded for JASMY on a cryptocurrency exchange. It's crucial to use reputable P2P services that enforce KYC/AML compliance, as Moroccan authorities like Bank Al-Maghrib have issued warnings about crypto trading risks.

  • What is the utility of JasmyCoin that makes it an interesting digital asset to acquire from Morocco?

    JasmyCoin's primary utility is within its IoT platform, aiming to establish data sovereignty for individuals. By acquiring JASMY, users gain access to a future data marketplace. Its key features, the 'Personal Data Locker' (PDL) and 'Secure Knowledge Communicator' (SKC), are designed to let users securely manage and monetize their personal data. For a user in Morocco, this represents an investment in the growing field of data privacy and the decentralized data economy.

  • What kind of fees are involved in a MAD to JASMY blockchain transaction?

    A typical MAD to JASMY conversion involves multiple fees. First, there might be a fee on the P2P platform for the initial MAD to crypto purchase. Second, the cryptocurrency exchange will charge a trading fee (usually a small percentage) for converting the intermediate asset (e.g., USDT) to JASMY. Finally, when you withdraw your JASMY to a secure digital wallet, you must pay an Ethereum network 'gas fee' in ETH, as JASMY is an ERC-20 token. This gas fee varies based on network congestion.

  • How can I securely store my JasmyCoin after purchasing it with Moroccan Dirham?

    After acquiring JASMY, it is strongly recommended to move it from the exchange to a personal digital wallet for enhanced security. Since JASMY is an ERC-20 token, it is compatible with any Ethereum-based wallet. For maximum security against online threats, a hardware wallet (cold storage) is the best practice. For regular use, software wallets like MetaMask or Trust Wallet are suitable options. Always back up your seed phrase and store it offline.
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