Joe Price in India (JOE)

Trader Joe, a DEX, is governed by its governance token JOE. Trader Joe was developed to revolutionize the world of DeFi through its cutting-edge services. These services include exchange, coin staking, and yield farming.

Trader Joe was launched in 2021 by pseudonymous founders 0xMurloc and Cryptofish who set out to create a unique and innovative trading platform for the Avalanche blockchain and advance the new frontier of decentralized finance.

1. Trader Joe provides all the functionalities of a modern DEX.

2. JOE offers a convenient UI combined with speedy and cheap transactions.

3. Trader Joe is built on Avalanche (AVAX).

4. JOE mainly serves as a governance token.

As one of the growing DEX projects, Trader Joe is working on many initiatives. A unique roadmap and community support make JOE Coin a promising project in the long term. Trader Joe’s vision is to improve staking and non-fungible-token (NFT) exchange listings.

If you are looking to buy JOE, you can check out third-party cryptocurrency exchanges like CoinSwitch.

1. Governance: Holders of JOE tokens have voting rights on the platform.

2. Staking: You can stake JOE to earn rewards and provide liquidity to earn fees. 

3. Token Collateralization: Users of JOE crypto can use their tokens as collateral for loans.

4. Liquidity Provision: JOE can be converted into cash or a cash equivalent without any significant price change.

Pros

• Low trading costs at just 0.3%.

• Staking, yield farming, lending, and other features are available.

• A fully decentralized platform.

• Regular audits to ensure its security and transparency.

Cons

• Relatively new.

• Difficult and confusing for beginners.

• Risks associated with any DEX services.

1. You can invest and trade JOE with just ₹100.

2. Trade JOE at a nominal fee.

3. Easily manage your transactions and your portfolio.

The JOE crypto project was launched in mid-2021. It was launched without an Initial Coin Offering (ICO) event. However, during a strategic sale led by Defiance Capital, GBV, and Mechanism Capital, Trader Joe raised around $5,000,000.