Where and how to buy Joystream in Palau
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Joystream order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor Joystream in your Bitget spot account
Alternative methods to obtain Joystream in Palau
Convert crypto to Joystream with Bitget Convert
Swap on-chain assets to Joystream with Bitget Swap
Methods to obtain Joystream for free
Buy other cryptos
Buy Joystream in a different country
How to buy Joystream in other countries?
What can you do with Joystream?
Store/Hold Joystream
Many users hold on to their Joystream with the expectation of it increasing in value. You can store your JOY safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Joystream
You can trade Joystream for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Joystream trading to meet your needs.
Send Joystream
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Joystream online and send to anyone and anywhere with their Joystream address.
Spend Joystream
You can also buy goods and services with your Joystream. More and more vendors and retailers accept Joystream every day.
Donate Joystream
Bitget Charity accepts Joystream donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Joystream so no one misses out on the growth made possible by blockchain.
Learn More About Joystream
You can read more in-depth articles on Joystream from Bitget Research and study how cryptocurrencies like Joystream work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Joystream
What is Joystream (JOY)?
Joystream is an innovative blockchain-based platform designed to revolutionize the way we interact with content creation, distribution, and governance. In simple terms, Joystream combines blockchain technology with a user-owned and operated video platform to create a new ecosystem for creators and consumers. The project was created by an experienced team at Jsgenesis and was introduced in 2021.
How Joystream (JOY) Works
Joystream is designed to serve all parties involved in content creation and content consuming. It has the following components:
- Open Blockchain: Joystream operates on its own blockchain, custom-built for a social video platform. This blockchain uses a Proof of Stake (PoS) consensus mechanism, making it energy-efficient and sustainable.
- Content Delivery: Content is delivered on-demand through a Content Delivery Network (CDN) operated by the DAO (Decentralized Autonomous Organization). The DAO is a governing body formed by token holders who periodically select a council to vote on network management proposals.
- Open Social Graph: Joystream maintains an open and fully public social graph. This includes profiles, channels, content, assets, and metadata, making it accessible for everyone to publish to and read.
- Video NFTs: Video content is tokenized as NFTs (Non-Fungible Tokens) and can be sold through auctions or peer-to-peer transactions. Creators receive on-chain royalties for their content.
- Content Storage: Large data assets, such as videos and images, are stored in infrastructure operated and funded by the DAO.
- Creator Tokens: Each content channel has its own dedicated fungible token, representing a claim on the creator's revenue. Creators can issue, sell, or give away these tokens to their audience.
How Many Joystream (JOY) Tokens Are in Circulation?
The native token, JOY, plays a central role in governing the network, securing it, and granting access to network services and block space. JOY tokens are minted and burned through various network activities, including validator rewards, council payments, creator rewards, and application fees.
JOY's total supply: 1,021,603,648
JOY's circulating supply: 672,749,977
How to Buy Joystream (JOY)
Consider investing in Joystream (JOY)? It only takes 2 minutes tocreate an account on Bitget and start trading JOY.
Check out the available JOY trading pairs on Bitget!
Spot market
Joystream (JOY) Resources
Buy Joystream in Palau with Bitget
How to safely store your Joystream
- Sign up and transfer JOY to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your JOY.
How to withdraw Joystream with Bitget's hassle-free withdrawal process
Palau is an island country in the western Pacific with many names, which are the Republic of Palau, Belau, Palaos, and Pelew. With a total area of only 466 km2, Palau is considered a microstate. The country accepts two languages as the official languages (Palauan and English), and four others as the regional languages (Filipino, Japanese, Sonsorolese, and Tobian). USD is considered the national currency.
Top sights in the country include Dolphins Pacific, Jellyfish Lake, Ngardmau Falls, and Rock Islands Southern Lagoon. The most populated islands of Palau are Angaur, Babeldaob, Koror. and Peleliu. No matter where you are in Palau, you can use USD to trade Joystream(JOY) with Bitget. A host of the best payment methods are available to make trading easier, which includes P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services. The exchange supports English and Japanese, two of the most common languages of Palau.
JOY to local currency
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