JUSTJST

Over(JST)

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FAQ About JST

• What is JST?

  JUST is the new, popular decentralized finance ecosystem ( DeFi ) built for the TRON Blockchain. This is a suite of products, which are primarily centered around the decentralized stablecoin loan platform JustStable.
  The platform was launched in August 2020, following an initial exchange offer (IEO), on the Poloniex LaunchBase Platform earlier that year. However, the native governance token (JST), has been circulating for over a month.
  The USDJ and JUST tokens are the two main components of this ecosystem. USDJ has multiple collateral stablecoin whose value is pegged to that of the US Dollar (USD). JST, on the other hand, has many functions, including paying interest, maintaining the platform, and participating in the governance.
  To get USDJ, traders must deposit collateral. This can be in the form TRON (TRX) tokens that are converted to PTRX and then locked as collateral to create a collateralized loan position (CDP). Users can mint USDJ based on the amount deposited in collateral. USDJ must be returned to the original collateral.

• How to buy JST

  To buy JST, you can follow these general steps:
  
  1. Choose a cryptocurrency exchange and Create an Account
  Start by selecting a reputable and reliable cryptocurrency platform that supports JST trading. You can also buy JST here on Toobit. Sign up.
  
  2. Complete Verification (Not Mandatory):
  Read our How to Complete Identification on Toobit guide for more information.
  
  3. Deposit Funds:
  Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.
  
  4. Navigate to JST:
  Once your account is funded, navigate to the Markets section of the platform.
  
  5. Buy JST:
  Locate JST in the list of available cryptocurrencies.
  Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.

• How to Sell JST?

  You can sell JST to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.

• What is JST price Now?

  Are you looking for JST Price? Live JST price is updated in real-time on Toobit.

• How to Withdraw JST on Toobit?

  You can withdraw JST and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.