Jupiter (JUP) is one of the largest DeFi protocols built on the Solana 
$213 Blockchain, distinguished by combining numerous significant features under one platform. In this article, you can find answers to various questions such as what Jupiter is, which has been listed and made tradable on Binance, and where to buy the network’s native asset, JUP coin.
What Is Jupiter?
Jupiter was initially designed to operate as a liquidity aggregator for token swaps, similar to 1inch (1INCH) on Ethereum 
$3,633. However, it soon evolved to include perpetual futures in the style of GMX on the platform.
Beyond being a liquidity aggregator, Jupiter launched a decentralized stablecoin called sUSD. This transformed into a platform offering a range of features as a DeFi protocol on Solana. Highlighting custody and regulatory risks associated with stablecoins like USD Coin (USDC) and Tether (USDT), Jupiter introduced sUSD as an alternative supported by Solana liquid staking tokens (LSTs).
SUSD provides a higher level of decentralization and interest-free loans. The SOL tokens used as collateral for minting SUSD also yield returns, offering continuous, interest-free credit exposure to SOL.
Where to Buy JUP Coin?
JUP coin can be safely bought and sold on the leading cryptocurrency exchange Binance. JUP coin was listed on Binance on January 31, 2024, and is available for trading in JUP/USDT, JUP/FDUSD, and JUP/TRY trading pairs.
To purchase JUP coin, users must first register on the Binance exchange if they haven’t already. After completing the registration process, they need to transfer cryptocurrency or fiat currency, such as USD, to their Binance wallet. Once the transfer is complete, JUP coin can be purchased through any of the six trading pairs mentioned above.
To buy JUP using the JUP/USDT trading pair, users should first navigate to the trading interface of this pair. In the limit tab of the interface, they need to enter the desired amount in the specified field. After entering the amount, the purchase is finalized by placing a Buy JUP order.
