Buy Jito: A Comprehensive Guide on How to Buy JTO- Best Exchanges & Brokers
Jito (JTO), a rising star in the cryptocurrency market, has gained significant traction due to its innovative staking and liquid staking solutions on the Solana blockchain. Its decentralized nature and strong utility attract many investors. We’ll show you simple, fast, and secure ways to buy and store Jito (JTO). To keep things short, we think that Coinbase is the best option to buy Jito (JTO). Why Coinbase?
The following table explains why Coinbase is the best choice for buying Jito.
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Rating | ||||||
Fees | 0,15% | 0,10% | 0,99% | 1,5% | 1% | 1% |
Cost per $1,000 | $1,50 | $1 | $9,90 | $14,90 | $10,00 | $10,00 |
Cost per $100,000 | $150 | $100 | $990 | $1,500 | $1,000 | $1,000 |
Transfer to external wallet | ||||||
Security | ||||||
Details | Trusted by BlackRock | Super low fees | Big portfolio | Secure but expansive | Fast verification | Variety of Memecoins |
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Coinbase is a regulated crypto custodian with licenses around the world. This means Coinbase meets strict security standards and is supervised by financial authorities. Even BlackRock, the world’s largest asset manager, entrusts Coinbase with the custody of digital assets for its investment products. This speaks to the extremely high level of security Coinbase provides.
While you have the flexibility to use external wallets, Coinbase provides a highly secure environment for storing your Jito (JTO). Unlike some platforms that impose delays on withdrawals, Coinbase processes them immediately, giving you quick access to your funds.
Cost-effectiveness is another advantage. Coinbase’s fees are remarkably competitive at 0.15%, significantly lower than the industry average. To put this into perspective, some exchanges charge over 1% per transaction, making Coinbase a cost-effective option.
Coinbase prioritizes user security with features like two-factor authentication (2FA), adding an extra layer of protection to your account. They also offer customer support, typically responding within 24 hours. (We can personally vouch for their support team’s efficiency and helpfulness.)
The platform itself is designed with user-friendliness in mind. Its intuitive interface caters to both novice and experienced traders. And with dedicated apps for Android and iOS devices, you can manage your Jito (JTO) portfolio and execute trades conveniently from anywhere.
Coinbase is one of the most popular and user-friendly platforms to buy Jito (JTO). Here’s how you can buy Jito easily, securely, and quickly on Coinbase.
Step 1: Sign Up for Coinbase
Before you can start buying Jito (JTO), you need to create an account on Coinbase. Visit Coinbase.com and click “Get Started.” You will be prompted to enter your name, email, and a password. Once completed, click “Create Account.”
Step 2: Verify Your Identity
Coinbase requires you to verify your identity in order to comply with regulatory requirements. You will need to upload a government-issued ID and provide personal details like your address and date of birth. This process may take a few minutes to complete.
Step 3: Add a Payment Method
To buy Jito (JTO), you need to link a payment method. Coinbase supports several options, including:
Step 4: Buy Jito (JTO)
Once your account is set up and your payment method is linked, you’re ready to buy Jito (JTO)!
Step 5: Store Your Jito (JTO) Securely
After purchasing Jito (JTO), it will be stored in your Coinbase wallet. For added security, it’s recommended to transfer your Jito to a personal wallet (such as a hardware wallet from Ledger or Trezor) rather than keeping it on Coinbase, which is an online exchange.
Binance is one of the world’s largest and most popular cryptocurrency exchanges, known for its high security and user-friendly platform. Until recently, it was not possible to directly buy Jito (JTO) using Euro (EUR) or US Dollars (USD) on Binance. However, this has now changed, and you can easily purchase Jito (JTO) with a credit card or trade JTO using different cryptocurrencies. In this guide, we’ll walk you through both options!
Unlike many other exchanges, Binance offers the option to verify your identity. This is not mandatory, but completing the verification process will allow you to increase your daily withdrawal limit. Without verification, the limit is lower, but you can still use most platform features.
To buy Jito (JTO) via credit card on Binance, follow these steps:
If you already have other cryptocurrencies such as Ethereum (ETH), Binance Coin (BNB), or Tether (USDT), you can deposit them into your Binance account and trade them for Jito (JTO). Here’s how to exchange Ethereum (ETH) for Jito (JTO):
Kraken is a regulated crypto custodian with licenses across various jurisdictions globally. This means Kraken adheres to stringent security standards and is overseen by financial authorities, ensuring the safety of your assets. Kraken is trusted by institutional investors, including major entities in the financial world, for the custody of cryptocurrencies, which highlights the extremely high level of security Kraken provides.
Kraken offers the flexibility to use external wallets, but it also provides a highly secure environment for storing your Jito (JTO). Unlike some platforms, Kraken processes withdrawals swiftly, allowing you to access your funds promptly.
When it comes to cost-effectiveness, Kraken’s fees are highly competitive. The platform’s trading fees are structured in a tiered manner, with the lowest fees reaching 0.16% for makers and 0.26% for takers, which are notably lower than many competitors in the market.
User security is a top priority at Kraken, with features such as two-factor authentication (2FA) and advanced encryption to protect your account. The platform also offers customer support that typically responds quickly, providing assistance whenever needed.
Kraken is designed to be user-friendly, accommodating both beginners and advanced traders. Its intuitive interface is complemented by mobile apps for both Android and iOS devices, enabling you to manage your Jito (JTO) portfolio and execute trades conveniently on the go.
Kraken is one of the most trusted and secure platforms to buy Jito (JTO). Here’s how you can buy Jito securely and efficiently on Kraken.
To get started with buying Jito (JTO), create an account on Kraken’s platform. Visit Kraken.com and click on “Create Account.” You will be asked to enter your name, email, and create a secure password. Once completed, click “Create Account.”
Kraken requires you to verify your identity to comply with financial regulations. You will need to upload a government-issued ID and provide personal details such as your address and date of birth. This verification process is necessary for your security and may take a few minutes to complete.
To buy Jito (JTO), you must link a payment method. Kraken supports several payment options, including:
Once your account is set up and a payment method is linked, you’re ready to buy Jito (JTO)!
After purchasing Jito (JTO), it will be stored in your Kraken wallet. For enhanced security, it’s recommended to transfer your Jito (JTO) to a personal wallet, such as a hardware wallet (e.g., Ledger or Trezor), rather than keeping it on Kraken, an online exchange.
In contrast to the established broker eToro, Kriptomat is a comparatively young crypto exchange, but no less trustworthy. On Kriptomat, you can buy over 30 cryptocurrencies directly with Euro, USD, and other fiat currencies, and also send them directly to an external wallet. It is important to note that trading is currently restricted to Europe, so investors from, for example, the USA, are not allowed to use the platform.
The focus is on an easy-to-use and modern user interface that allows anyone to buy and trade cryptocurrencies. Therefore, Kriptomat is our top recommendation, especially for beginners! In terms of legitimacy, Kriptomat holds two licenses from the Estonian government, ensuring compliance with strict regulatory standards.
Furthermore, there is another unbeatable advantage of Kriptomat: the fees. Unlike other exchanges and brokers, Kriptomat does not charge a price premium. Your purchase price corresponds to the spot price of Jito (JTO). Kriptomat only charges a nominal fee for each transaction. The calculated fees are always displayed transparently during the buy order creation process.
First of all, you should know that Kriptomat adheres very closely to the legal requirements of the European Union and therefore requires complete verification of your identity. In order to buy Jito (JTO) on Kriptomat, you first need to create an account. To do so, visit the official website kriptomat.io and click on the orange “Register” button. This will open a pop-up window where you have to enter your first and last name, an email address, and a password for the exchange.
Kriptomat will then send you an email with a confirmation link. By clicking on the link, you verify your account. Once this is done, you can log in to your Kriptomat account with your newly created credentials. However, the registration process is not yet complete.
Before you can buy Jito (JTO) and use other features of the exchange, you have to enter and verify your phone number. Kriptomat will send you an SMS containing a verification code that you need to enter on the website. Additionally, due to strict EU regulations, you must verify your full identity. Simply click on the corresponding prompt to start the process.
A new pop-up will then appear where you must enter your address (street, house number, city, country). You will also need to upload a photo or scan of your passport or ID card. Kriptomat provides an elegant and fast solution for this. You can continue the registration process on your smartphone by clicking on the link, and Kriptomat will send you an SMS with a link to continue the process.
You can then take a photo of your ID (front and back) with your smartphone and upload it immediately. The same applies to the final step—verifying your identity via a selfie. You can allow Kriptomat to access your camera from your smartphone and take a selfie of you directly.
If you want to buy Jito (JTO) via SEPA bank transfer, it is also necessary to add a bank account to your Kriptomat account in the final step. You can then deposit money via SEPA and use your balance to buy Jito (JTO) and other cryptocurrencies. If you use Neteller, Skrill, or your credit card, this step is not required. Once you have completed the verification process, the following purchase limits will be available to you.
Buying Jito (JTO) on Kriptomat is very simple and intuitive. First, go to the “Buy/Sell” tab (Step 1) and then select the “Buy” tab (Step 2). In the now visible area below, you can select Jito (JTO) to purchase it.
You can then choose from four different payment methods (Step 3). While you need to add a bank account to your Kriptomat account to make a deposit via “EUR” (SEPA bank transfer), the other three options (credit card, Neteller, Skrill) allow you to purchase immediately without entering additional data.
In the fourth step (see screenshot), you only need to enter your purchase amount for Jito (JTO). After clicking on “Buy Jito (JTO),” you will see the transaction fees for the order. To finalize the purchase, you must click “Confirm transaction.”
Kriptomat will then confirm the purchase and redirect you to your “My Wallet” section. Within a few seconds, your purchased Jito (JTO) will be displayed there.
Kriptomat is one of the most trusted and beginner-friendly platforms to buy Jito (JTO). If you’re looking for a secure and simple way to purchase Jito (JTO), this exchange is an excellent choice!
Anycoin is a popular cryptocurrency exchange platform that offers a simple and secure way to buy and sell Jito (JTO) and other cryptocurrencies. It caters to both beginners and more experienced traders, providing an intuitive interface and a variety of features designed to make crypto trading easier and more secure.
Bybit is a popular cryptocurrency exchange platform that specializes in trading digital assets such as Jito (JTO), Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. Known for its advanced features and high liquidity, Bybit is primarily used by more experienced traders, especially those interested in leveraging trading and derivatives.
Key Features of Bybit:
How to Buy Jito (JTO) on Bybit:
- Buy Jito (JTO): To buy Jito (JTO) on Bybit:
- Store Your Jito (JTO): After purchasing Jito (JTO), you can store it in your Bybit wallet. However, for added security, it’s recommended to transfer your Jito (JTO) to a private wallet, such as a hardware wallet (e.g., Ledger or Trezor), rather than keeping it on the exchange.
Benefits of Using Bybit:
- Advanced Trading Options: Bybit is ideal for traders looking for advanced features like margin trading and leverage, along with access to a wide range of crypto assets.
- Fast Execution and High Liquidity: The platform provides fast order execution and deep liquidity, which is crucial for active traders in fast-moving markets.
- Security: Bybit prioritizes user security with features like two-factor authentication (2FA), cold storage, and an insurance fund.
- Mobile Trading: Bybit’s mobile apps allow users to trade and monitor their portfolios from anywhere.
- Competitive Fees: Bybit offers competitive trading fees, making it an attractive option for traders looking to minimize costs.
- 24/7 Support: Bybit provides round-the-clock customer support to help resolve any issues or concerns quickly.
When using a desktop wallet, we have had very good experiences with the Jito Electrum Wallet. We will show you briefly how to download and use it. First, you have to go to the official site and download the wallet (click!). If you click on the link, you will be directed to the website where you can download the wallet. Scroll down a bit and then click on the button “Download Electrum“.
Now you will land on a page where you have to choose the appropriate wallet for your operating system. If you are using Windows, you will need to download the wallet version for Windows. For example, if you are a Windows user, click on “Windows Installer” (see picture: red arrow). If you want the app for Android, you need to select this installer accordingly:
Once the file is downloaded, click on the setup file. Select a directory where the wallet should be installed and click on “Install”. The installation should not take longer than 2 minutes. When the installation is complete, click “Close”.
Congratulations: The wallet is installed. Now start the Jito Electrum Wallet by double-clicking the Electrum icon on the desktop. First, the software will ask you how you want to connect to a server. As a beginner, we recommend selecting “Auto connect” at this point.
The Electrum software will then detect that you have not yet created a wallet. At this point, simply click “Continue” and assign a name to your wallet if necessary. Then you have the possibility to set up different types of wallets. If you find setting up the wallet difficult, we recommend that you choose the “Standard wallet” option at the beginning. The standard version is completely free of charge and works efficiently.
For additional security, you may consider creating a “Wallet with two-factor authentication“. You’ll need a smartphone and the Google Authenticator app, which you can download from the App Store or Google Playstore. If you choose to enable two-factor authentication, it may require additional costs. However, we highly recommend using it as it significantly enhances the security of your wallet.
After clicking on “Next”, a new seed must be generated. The seed depends on the address format. We recommend selecting “Segwit“, as it is the most commonly used format. Your seed consists of 12 words, which serve as your key to the wallet in case you lose your password or your computer crashes. It is extremely important that you write down the seed somewhere safe, preferably on a piece of paper and keep it in a secure location.
In the next step, you will be asked to re-enter your seed. Once successfully completed, Electrum will prompt you to create a secure password. The longer, the better. Be sure to use numbers, symbols, and uppercase/lowercase characters for better security. You will use this password every time you open the wallet, so keep it safe.
Now you are ready to access the Jito Electrum Wallet’s main interface. Your “Receiving Address” can be found in the upper right corner under the “Receive” section. You need to copy this address and use it on an exchange such as Bybit or Binance as your “Receiving Address”. After entering the receiving address, simply select a payment method, confirm the transaction, and complete your purchase.
Typically, the transaction should be credited to your wallet within 24 hours.
If you have any questions, feel free to leave a comment, and we will be happy to assist you!
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.