How to Buy $JTO Tokens on Blofin

This guide shows how to purchase $JTO tokens using Blofin, a trusted crypto exchange with over 2 million users. Blofin supports more than 350 digital assets and offers an efficient, high-liquidity trading experience. The platform charges just 0.10% per transaction for both makers and takers and is known for its responsive customer service.

Buy $JTO!

New users can receive a welcome bonus of up to $5,000. For those open to high-risk trading, Blofin also provides leverage as high as 150 times. However, it’s important to note that the platform does not follow KYC protocols, which may be a concern for some users.

Below, we have highlighted all the steps you need to follow for buying $JTO tokens on Blofin:

Step 1: Open your browser and go to Blofin. If you don’t already have an account, sign up to get started.

Step 2: After signing in, click on the “Spot” tab from the main navigation bar.

Step 3: In the spot trading display, click on “Assets List”, search for JTO/USDT, and select it to open the trading screen.

Step 4: You’ll now see the full trading interface, including price charts, order data, and trading options.

Step 5: Find the Buy/Sell panel on the right, where you can choose between placing a “Market” or “Limit” order.

Step 6: On the right side, use the slider or manually enter how much JTO you want to buy in the “Amount” field.

Step 7: Once your amount is set, click on “JTO Buy” to place your order and complete the purchase.

Fees When Buying Jito on Blofin

With Blofin, both buying and selling come with a 0.10% fee. The rates are standard in the industry and align with top-tier exchanges. So buying $100 in $JTO will leave you with $99.90 after fees.

How to Transfer $JTO to a Web3 Wallet (Phantom)

After acquiring $JITO tokens, many users transfer them to a Web3 wallet to retain full control and unlock the benefits of the Jito platform. Since JITO is built on the Solana network, you’ll need a compatible wallet, Phantom is a common choice thanks to its user-friendly interface, tight integration with Solana DApps, and solid security features.

Once your Phantom wallet is ready, simply copy your wallet address and use it to withdraw your $JITO tokens from a centralized exchange using the Solana network. This step ensures your tokens remain secure and accessible for use within the Jito dApp. With your tokens in a self-custodial wallet, you can explore features like governance or take part in Jito’s liquid staking.

Step 1: On the Blofin homepage, click on “Assets” in the top navigation bar, then select “Withdraw” from the dropdown menu.

Step 2: For the “Select Crypto”, choose JTO from the list.

Step 3: For the “Address” section, open your wallet that supports JTO, copy the receive address, and paste it into the address field.

Step 4: Choose the appropriate network for JTO, in this case, we are choosing Solana.

Step 5: Scroll down, enter the “Withdrawable Amount”, and click “Withdraw” to complete the transfer.

Track the transfer on Solscan using the transaction ID (TXN ID). Once the blockchain confirms it, your $JTO tokens will show up in your Web3 wallet.

Buy $JTO!

Jito Explained

Jito is a standout among Solana projects, offering liquid staking with the added benefit of MEV (Maximal Extractable Value) rewards. By staking SOL through Jito, users receive JitoSOL, a liquid token that earns both traditional staking rewards and MEV profits. This setup allows holders to remain active in DeFi while still compounding their earnings.

Its utility token, $JTO, is used for governance, empowering the community to vote on protocol upgrades and strategic decisions. As the first liquid staking platform on Solana to incorporate MEV, Jito enhances yield opportunities while maintaining on-chain flexibility and capital efficiency.

Bottom Line

Before purchasing Jito ($JTO) tokens, it’s worth understanding how the platform’s technology works. Jito enhances staking yields with its integration of MEV (Maximum Extractable Value) strategies, optimizing transaction efficiency on Solana. As a governance token, $JTO also allows you to participate in decision-making within the ecosystem. If you’re looking to engage with liquid staking on Solana, Jito provides a unique opportunity to earn rewards while retaining flexibility in your assets.

FAQs

1. Is it safe to store $JTO on a centralized exchange?

While convenient for trading, centralized exchanges carry custodial risk. For better security, it’s recommended to transfer $JTO to a non-custodial Solana wallet like Phantom or a hardware wallet like Ledger.

2. Which wallets support $JTO tokens?

Any wallet compatible with SPL tokens on the Solana network can store $JTO. This includes Phantom, Solflare, Trust Wallet, and Ledger (when used with Solana apps).

3. What is the difference between $JTO and $JitoSOL?

$JTO is a governance token, while $JitoSOL is a liquid staking token users receive in return for staking SOL on the Jito platform. They serve different purposes within the ecosystem.

4. Do I need KYC to buy JTO on Blofin?

Yes, Blofin typically requires users to complete identity verification (KYC) before trading or withdrawing crypto, including JTO tokens.

5. Can I use $JTO to pay for transaction fees on the Solana network?

No, transaction fees on Solana are always paid in SOL. $JTO does not function as a gas token.