Guide on How to Buy Jailstool Prisondente Coin on DexScreener

Bittime - One of the memecoins that is on the rise in early 2025 is Jailstool Prisondente (JAILSTOOL). This article will guide you step by step on how to buy Jailstool Prisondente (JAILSTOOL) coin via DexScreener, a popular platform for tracking and interacting with decentralized exchanges (DEX). 

What is Jailstool Prison Dente (JAILSTOOL)?

Jailstool Prisondente (JAILSTOOL) is a memecoin that runs on the Solana blockchain network. Its popularity skyrocketed after being promoted by Barstool Sports founder Dave Portnoy. As a memecoin, JAILSTOOL's value is greatly influenced by market sentiment and hype community. 

Although they offer high profit potential, it is important to remember that investing in memecoins also carries significant risks.

Why Solana? Advantages of Blockchain: Fast and Cheap

JAILSTOOL is built on the Solana blockchain, which is known for its high transaction speed and very low fees compared to other blockchains such as Ethereum. 

This makes Solana an ideal choice for memecoins that often involve small, high-frequency transactions. Low transaction fees allow investors to buy and sell JAILSTOOL without being burdened by expensive gas fees.

Read too How to Make a Meme Coin on the Solana Network

Preparation Before Purchasing Jailstool Prisondente (JAILSTOOL)

Before starting the process of purchasing JAILSTOOL, there are several important preparations you need to do:

1. Select and Set Up a Solana Wallet (Solana Wallet): you need a digital wallet compatible with the Solana network to store JAILSTOOL and SOL (Solana's native crypto). Some popular wallet options include:

Phantom Wallet: A browser-based wallet that is easy to use and integrates directly with many DEXs on Solana.

Backpack Wallet: A versatile wallet that offers high-level security features and support for various DeFi applications.

Solflare: Web wallet and mobile which provides an intuitive interface and SOL staking features.

2. Fill Wallet with SOL (Top-up SOL): you will need a certain amount of SOL in your wallet to pay transaction fees and as capital to exchange with JAILSTOOL. You can buy SOL on a centralized crypto exchange (CEX) like Bittime for example, then transfer it to your Solana wallet.

Read too How to Buy Solana (SOL)

3. Understand the Risks of Memecoin Investment: Investing in memecoins like JAILSTOOL is very risky. Prices can fluctuate drastically in a short period of time. Make sure you only invest funds you are prepared to lose and do in-depth research before making a decision.

Steps to Buy Jailstool Prisondente (JAILSTOOL) on DexScreener

Once preparations are complete, follow these steps to purchase JAILSTOOL on DexScreener:

1. Search Contract address JAILSTOOL on Solscan: Visit Solscan (https://solscan.io/) and search for "Jailstool Prisondente". Make sure you find it contract address which is true. Contract address these tokens are AxriehR6Xw3adzHopnvMn7GcpRFcD41ddpiTWMg6pump. 

Important: Ensure contract address The correct one is very important to avoid fraud.

Open the DexScreener Website: Open the DexScreener site (https://dexscreener.com/) in your browser.

2. Temple (Paste) contract address in the Search Column: Translation contract address JAILSTOOL from Solscan and paste it into the search field in DexScreener.

3. Select JAILSTOOL from the Options that Appear: DexScreener will display a list of tokens that match the contract address that you entered. Select JAILSTOOL from the list.

4. Token Statistics Analysis on DexScreener: After selecting JAILSTOOL, you will see a page with price charts and various token statistics. Pay attention to the following:

Market Capitalization (Market Cap): Total value of JAILSTOOL in circulation. The lower the market capitalization, the higher the growth potential (but also the higher the risk).

Liquidity: The amount of funds available to facilitate the buying and selling of JAILSTOOL. High liquidity means that you can buy and sell JAILSTOOL more easily without significantly affecting the price.

Volume Perdagangan (Trading Volume): Number of JAILSTOOL traded in the last 24 hours. High trading volume indicates great interest in the token.

Price Chart: Analyze JAILSTOOL price trends to get an idea of ​​the token's performance.

Monitor Recent Transactions: Pay attention to the "Recent Transactions" section in DexScreener to see JAILSTOOL buying and selling activity in real time real-time. This can give you insight into market sentiment.

Security and Risk Management Tips

Buying a memecoin like JAILSTOOL requires extra caution. Here are some security and risk management tips that you need to pay attention to:

• Contract Address Verification : Always verify Contract Address JAILSTOOL before making a transaction. Never trust unverified information from unclear sources.
• Use a Trusted Wallet: Choose a Solana wallet that is trusted and has a good reputation in terms of security.
• Do Not Invest All Funds: Never invest all your crypto funds in one memecoin. Diversify your portfolio to reduce risk.
• Set it Stop Loss: Use features stop loss on DEX (if available) to limit your potential losses.
• Do In-depth Research: Continue to research and follow the latest developments regarding JAILSTOOL and the crypto market in general.
• Beware of Fraud: Beware of scams and schemes pump and dump. If something sounds too good to be true, it probably is.

Conclusion

Buying Jailstool Prisondente (JAILSTOOL) on DexScreener can be an interesting and profitable experience, but it is also risky. By following this guide and applying proper security and risk management principles, you can increase your chances of success and minimize potential losses. Remember that investing in memecoins is a highly speculative activity, and it is important to always invest wisely and responsibly.

FAQ

What do I need before buying JAILSTOOL?

You requires a Solana wallet (like Phantom or Backpack) pre-loaded with SOL, and contract address Valid JAILSTOOL from Solscan.

How to find Contract Address Correct JAILSTOOL?

Visit Solscan (https://solscan.io/) and search for "Jailstool Prisondente". Make sure you verify your address contract address with a trusted source. Contract Address these tokens are AxriehR6Xw3adzHopnvMn7GcpRFcD41ddpiTWMg6pump.

Where can I exchange SOL for JAILSTOOL?

You can exchange SOL for JAILSTOOL on OKEx DEX after connecting your Solana wallet. Make sure you have done your research and understand the risks before purchasing.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

PayPath Tutorials, How To BUY $jailstool - Stool Prisondente TOKEN CRYPTO COIN IN 60 SECONDS, Accessed February 12, 2025

Author: IN