Abdul manan
@abdulmanan
UPITER EXCHANGE: i. What is Jupiter Exchange? : In the Volatile World of Crypto there are many tokens that arose every day and the Solana Token is one of them.The Solana DeFi Universe is expanding exponentially with its new tokens and Protocols with every day. The transactions for the Solana are pretty much in numbers and their gas fees for the each transactions is pretty much high. Jupiter Exchange is the best for the transactions of the Solana and its relative tokens. It is an exchange aggregator which provides the cheap transactions that happening Solana. ii. How Jupiter does actually works? : Jupiter is actually a decentralized system that built on Solana. This was created in October 21, 2021 by the group of people or the team known as Meow. Jupiter exchange helps the Solana for its transaction by creating cheaper routes for the transactions. This is how actually works is, For instance imagine booking the flight which is cheaper.
4 replies
0 recast
0 reaction
Abdul manan
@abdulmanan
vi. Functions in Jupiter Exchange/Swap? The Jupiter Exchange offers many features in Jupiter swap like….. Swap Limit Order DCA (Dollar Cost Averaging) Value Average a) Swap: The “Swap” first tab that you are in. It is the function which allows us to spot swap between any Supported for Solana Networks System or SPL Tokens. b) Limit Order: Jupiter Exchange also allows you to set a limit according to your Prospective. Once your Limit is fulfilled it allows you to trade it. Once their Specific price is triggered so you can get your amount prize directly in their wallet. c) DCA (Dollar Cost Averaging) DCA is a straight forward yet powerful Strategy, Jupiter Swap DCA automates your order for you. Once you placed you order in DCA It divides your capital into smaller orders a fixed interval and for specific period of time rather than ordering placing a large order at a single time.
0 reply
0 recast
0 reaction