Convert
US Dollar (USD) to Just (JST) Instantly
Purchase Just (JST) with US Dollar (USD) 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)
Step-by-step guidance
Easy credit card payments
Streamlined purchase process
Web
Popular Coins for US Dollar (USD)
Stablecoins for US Dollar (USD)
Other Coins for US Dollar (USD)
Frequently asked questions
-
What is the USD/JST trading pair and its significance in the TRON ecosystem?
The USD/JST pair represents a direct fiat on-ramp, allowing users to purchase Just (JST) tokens with US Dollars. Its significance lies in providing direct access to the Just DeFi ecosystem on the TRON blockchain. JST is the governance token for platforms like JustLend and JustStable, where users can create Collateralized Debt Positions (CDPs) to mint the USDJ stablecoin. This pair is crucial for onboarding new capital into TRON's DeFi applications. -
What are the common methods for buying JST with US Dollars on a cryptocurrency exchange?
To buy JST with USD, you typically need to use a regulated cryptocurrency exchange that lists the JST/USD pair. The process involves completing KYC/AML compliance, then depositing US Dollars into your exchange account via methods like an ACH transfer, wire transfer, or debit/credit card. Once funded, you can place a buy order for JST on the platform's order book. -
What is the utility of the JST token within the Just DeFi platform?
JST, a TRC-20 token on the TRON blockchain, serves multiple functions in the Just ecosystem. Its primary utility is as a governance token, allowing holders to vote on proposals for the Just platform. Additionally, it is used to pay stability fees for Collateralized Debt Positions (CDPs) on the JustStable platform and can be staked for yield farming rewards, making it integral to the platform's tokenomics. -
Which digital wallets should I use for storing JST tokens after a USD purchase?
Since JST is a TRC-20 token, you need a digital wallet that supports the TRON blockchain. Popular and secure options include TronLink (a browser extension and mobile wallet), and hardware wallets like Ledger or Trezor for maximum security. Always ensure you are in full control of your private keys and never share them. Storing assets on an exchange is less secure than a personal digital wallet. -
What kind of fees can I expect when purchasing JST via a USD fiat on-ramp?
Fees for a USD-to-JST transaction can vary. Typically, you'll encounter a deposit fee for your US Dollars (especially for wire transfers), a trading fee from the cryptocurrency exchange (often a percentage of the trade value, known as maker/taker fees), and potentially higher processing fees for instant purchases with a credit or debit card. Always review the exchange's fee schedule before executing a digital asset purchase.
Trade on the go
Anywhere. Anytime
Through Switchere you can buy or sell crypto instantly - transact all popular coins and tokens at the tap of a button.
Scan to download the app iOS and Android
