For crypto enthusiasts seeking to expand their portfolio or dive deeper into the world of decentralized finance (DeFi), acquiring Tron tokens like JustMoney (JM) tokens. The JM platform offers a gateway to various opportunities. Whether you’re looking to trade, stake, or contribute to the Tron ecosystem, there are several solutions available. Here’s a comprehensive guide on how to obtain more JM tokens or other crypto on Tron like Ethereum, BTT, USDT or BTC.
Step 1: Install the TronLink App on your IOS/Android phone for seamless integration with the Tron blockchain.
Step 2: Acquire $TRX by either purchasing it from any Centralized Exchange (CEX) and transferring it to your TronLink wallet, or utilize the JM Crosschain Swap to convert $USDT, $ETH, $MATIC, or $BNB to $TRX or USDT. Simply connect with Metamask and complete the swap process.
Step 3: Trade your $TRX or $USDT for $JM tokens on Just.Money by opening this link in your TronLink browser’s discovery tab.
Step 4: Connect your wallet and locate the $JM token in the Tron tab.
Step 5: Specify the amount of $TRX you wish to swap, ensuring to maintain a balance of at least 30 TRX on JMSwap to cover the associated fees. Pro tip: The more JM you hold the less fee you pay.
Traders capitalize on price differentials across blockchains by buying low on one and selling high on another using the JM bridge, thus profiting from the arbitrage opportunities presented. You can make nice gain on arbitrage opportunities:
Stake $JM tokens alongside an equivalent amount of another currency in a liquidity pool, such as the JM/CCC pair, to earn attractive yields with an Annual Percentage Yield (APY) of up to 54%.
Edit: be aware of Impermanent Loss : This is a concept specific to liquidity providing. When the prices of the tokens in the pool change, liquidity providers may experience impermanent loss, which is the difference between holding the tokens in the pool versus holding them in a wallet. The APY needs to account for this potential loss.
Contribute to the sustainability of the ecosystem by staking $TRX in return for $JM rewards. JustMoney’s integrated model incentivizes users to provide energy by freezing TRX, earning 0.3 JM per day per 1 TRX frozen.
For detailed insights into staking and energy contribution, refer to my previous article on farming crypto and exploring DeFi opportunities in 2024: Farming Crypto: Your Guide to DeFi in 2024
By leveraging these strategies, crypto enthusiasts can not only accumulate more $JM or other tokens but also actively participate in the DeFi landscape, fostering growth and sustainability within the JustMoney and Tron ecosystem.
JustMoney stands as a trailblazer in the realm of decentralized finance, offering a diverse range of solutions tailored to cryptocurrency projects and enthusiasts. With an fast moving ecosystem spanning Ethereum, Tron, BSC, Polygon, and BTTC. JustMoney provides a seamless experience for users and projects alike.
From a decentralized exchange (DEX) to a decentralized payment gateway, trading bots, invoicing system, and a cross-chain swap, JustMoney’s product family equips users and projects with the tools necessary for cryptocurrency exchanging, merchant adoption, and business growth. It has won 6 prizes during the last 5 Tron hackatrons. Unlike other Hackatron projects (and even winners) JustMoney truly delivers working products and getting things done making it one of the most valuable projects currently on the Tron blockchain.
At the time of writing the $JM token is trading at $0.00001904 with a marketcap of $1.360.000,00 and the TVL (Total Value Locked) is at $884.274,00.
I’ll hope you liked this article. Check out my previous one as well about the “5 Reasons to buy JM tokens”: 5 Reasons to buy JM Tokens: Unlocking the Potential. This link directs you to the article on this forum!
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Thank you for reading and feel free joining me on this journey! Follow the JustMoney platform on the socials because you will definitely hear more about it in the future!