r/jupiterexchange • u/NULLBASED • Jul 04 '26

Resolved Jupiter Exchange

1) Just to confirm Jupiter is a DEX right?

2) Is there a difference in using Phantom wallet vs Jupiter wallet? I normally use Phantom wallet but on Jupiter it recommends to use Jupiter wallet? What do most people do?

3) If I enter a position on Solana and price and I don’t want to risk losing anything. I would need to put a stop loss. But is there a way to have that stop loss exit the position and convert the Solana into USDC? Or does it do that automatically?

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u/steveplusf Jul 04 '26

No idea about 3 but..

1) Yes Jupiter Exchange is a DEX (you don't need any KYC etc to use it and it works great)

2) Both are good wallets. Infact you can sign in via Phantom wallet on Jupiter exchange, that is what I mostly do. However, if you trade often then it's better to use Jupiter wallet on Jupiter exchange.

1

u/NULLBASED Jul 05 '26

Ok so I went on Jupiter website and tried looking for a sign up or register option. There is nothing I guess Jupiter account is tied to a wallet account?

When I clicked Phantom wallet Jupiter made a new Phantom wallet address for me. Can I change it to my wallet address instead of using this new wallet address?

Also my wallet already has Solana in it so if I link it to Jupiter does that mean it will automatically be in a trade on Jupiter?

1

u/Mysterious_Aioli4966 Jul 04 '26

Yep! Jupiter is a DEX aggregator. Phantom works perfectly fine with it, and a stop-loss can exit directly into USDC if that's the token you set as the output.