If you’re interested in cryptocurrency, you may be wondering how to buy Jupiter coin (JUP) crypto, or where you can buy it. You can buy Jupiter JUP coin from various exchanges including KuCoin. And it’s quick and easy to buy it. This guide will give you the full step by step instructions on how to buy JUP crypto.
Table of Contents
What Is Jupiter Coin JUP?
Jupiter $JUP is known as the ‘People’s Blockchain’. The purpose of JUP is to make blockchain technology available to ordinary people all over the world. The founders of JUP coin want to demystify the blockchain to make it safe and easy for everyone to use.
One of the main use cases for JUP is power decentralised apps (dApps) on public and private networks.
Jupiter boasts that it has military-grade encryption which keeps everything protected and secure.
A feature that makes JUP unique is the fact the Jupiter team have developed their own instant messaging system called Metis. This messaging system is fully encrypted and promises users no advertising and no data mining.
Where To Buy Jupiter JUP
You can buy JUP from the following cryptocurrency exchanges:
KuCoin exchange
Uniswap V2
PancakeSwap V2
In this step by step guide we will show you how to buy JUP using the KuCoin exchange. This is because KuCoin has the best liquidity of all the exchanges mentioned above. This means that if you want to sell your JUP you will be able to find a buyer more quickly on KuCoin compared to the other exchanges mentioned above. Furthermore, you will likely get a much better sell price on KuCoin compared to the other exchanges.
How to buy Jupiter JUP Crypto – Step By Step
This guide will fully explain step by step how to buy Jupiter JUP on the KuCoin exchange. This is because KuCoin has more liquidity for JUP compared to other exchanges. Not only that, KuCoin is one of the most user friendly exchanges, with great customer service.
Step 1: What You Need To Know
IMPORTANT: If you already own Tether USDT please skip forward to Step 4.
Before you can buy JUP coin you need to buy some Tether USDT first. This is because JUP can only be purchased with cryptocurrency e.g Tether USDT, and cannot be purchased directly with fiat currency, e.g US Dollars, or Euros.
Don’t worry if you’ve never bought Tether USDT before, it’s very easy to purchase Tether USDT. Just follow the simple instructions below in Step 2.
Step 2: Open a Coinbase account
You need to open a Coinbase account so that you can purchase some Tether USDT.
Coinbase is one of the biggest and most trusted cryptocurrency exchanges in the world. Use the link below to create an account on Coinbase.
Click on the ‘Get started’ button on the Coinbase website. After that, enter the required information into the sign up form.
Make sure that you enter your real first name and real last name, exactly as it is written on your government-issued photo identification. This is because Coinbase will use that information to verify your account.
Create a strong password that contains a mix of letters, numbers and special characters.
Verify your email address
After filling in the sign up form, you will receive a confirmation email from Coinbase. Click the link in the email and you will be redirected back the Coinbase website. Enter the email and password you used to create your coinbase account.
Verify your phone number
When you sign into coinbase you’ll be prompted to enter a cell phone number / mobile phone number. Coinbase will send you an SMS / text message to the number you enter, so make sure you enter your real phone number. You will need to verify your phone number by entering the code that Coinbase will send to you by text message.
Enter your personal information
Next, you will have to give some personal information to coinbase. Coinbase is a financial institution, so it has to follow strict regulations set by the US government. This means that Coinbase has to know your real information. This strict security process is great because that’s what makes coinbase one of the most secure and safe cryptocurrency exchanges in the world.
Verify your identity
You must now go through the identity verification process, which should only take around 10 minutes. As mentioned above, Coinbase needs to verify your identity because they are strictly regulated by the US government. This is one of the reasons that coinbase is one of the most trusted and popular cryptocurrency exchanges in the world.
Add a payment method to your Coinbase account
You now need to add a payment method to your account. This is the method that will be used to pay for purchases you make on Coinbase.
The payment methods that you can use depend on what country you’re in. Coinbase will automatically show you all the payment method that available for your country.
Choose the payment method that suits you and complete the process.
Step 3: Buy Tether USDT With Fiat Money
Now that you have created a Coinbase account and added a payment method, you need to use your coinbase account to buy some Tether.
- Click the ‘Buy/Sell’ button located in the top menu.
- In the ‘Buy’ field, select USDT.
- Enter the amount of USDT you’d like to buy.
- Select your payment method.
- Click the ‘Preview Buy’ button to check all the purchase details are correct.
- If all the details are correct, click the ‘Buy Now’ button.
And that’s it! You have now purchased Tether USDT.
Step 4: Open a KuCoin Account
You need to open a Kucoin account so that you can purchase Jupiter JUP coin using the USDT you’ve just bought (or already owned).
KuCoin currency exchange is a highly secure and safe exchange with great customer service. Use the link below to create an account on KuCoin.
Click on the ‘Sign Up’ button on the Kucoin website. After that, enter the required information into the sign up form.
You can sign up on Kucoin with a phone number or an email address. Choose whichever option suits you best.
Create a strong password that contains a mix of letters, numbers and special characters.
Complete the rest of the account creation process
Cryptocurrency exchanges have similar security procedures to banks. This means that the currency exchange may require you to provide some personal information and to verify your identity. This could include some OR all of the following:
- Verifying your email address
- Verifying your phone number
- Adding 2-Factor authentication to your account
- Proving your identity by uploading a copy of your government issued identification document. For example, passport or driving licence.
- Adding a payment method to your account, e.g bank card, credit card, PayPal or other methods.
If the cryptocurrency exchange asks you for any of the above information, please be aware that this is perfectly normal. Cryptocurrency exchanges have similar security procedures to banks. This allows exchanges to keep your personal information protected, and prevent illegal activity on their exchange.
Step 5: Send Crypto To Your Kucoin Account
Now that you have opened a KuCoin account, you need to send the USDT that you just bought (or already owned) to your KuCoin account.
While logged into your KuCoin account, find ‘Assets’ menu item in the menu bar. A drop down list will then appear. In that drop down list click on ‘Main account (Deposit and Withdraw)’
In the next screen that appears, click on ‘Deposit’ in the top menu. Then select the coin that you want to deposit into your KuCoin account. You need to select ‘Tether USDT’ from the list of coins.
After selecting USDT, your USDT wallet address will be displayed on the screen. You must copy this address and keep it safe.
Access your coinbase account, or whichever exchange your USDT is held with.
Send USDT from your coinbase account to the Tether USDT wallet address that you copied from your Kucoin account.
Step 6: Buy Jupiter JUP Using Tether USDT
Now that you have deposited USDT into your KuCoin account, you can proceed to purchase Jupiter JUP coin on the KuCoin exchange.
In the menu bar, click on ‘Markets’ to be taken to the Markets section.
On the Markets screen, search for JUP in the search bar, and then click on the JUP option that appears. You will then be taken to the trading screen where you can purchase JUP coin.
On the trading screen, you need to locate the ‘Buy box‘, where you can enter how much JUP crypto you want to buy. You are looking for the little box that has the ‘Buy button‘.
Complete your purchase of JUP crypto
1. Select “Market” order type.
2. Input the amount you want to buy.
3. Click the ‘Buy’ button.
After you click the ‘Buy’ button, the exchange platform will purchase JUP at the current market price. You don’t have to look at all the other numbers and green and red lines on the screen, unless you want to learn more about crypto trading.
Congratulations, you have successfully purchased Jupiter JUP.