JPEX ｜What Are The Functions And Discounts Of JPEX Exchange? Perfect Asset Holdings!
Although the exchange is a static market, JPX Exchange constantly improves and optimizes website features to expand workspaces and provide the best technology resource for desktop and mobile users.
To ensure the safety of customers' funds, JPEX has followed in the footsteps of other major cryptocurrency exchanges by offering proof of capital reserves and eliminating traders' fears on the platform FTX exchanges. On-chain data from the official JPX website shows that two wallet addresses owned by the exchange have approximately 9,000 Bitcoins (BTC) in reserve (current market value of about $150 million ). In addition, some properties are closed in different cold pockets (currently evaluated by third parties). Once the verification phase is completed, the list of assets will be announced in the next official notification along with the additional audit report.
Through the JPEX exchange
The full name of the exchange is JP-EX CRYPTO ASSET PLATFORM PTY LTD. and is headquartered in Dubai, United Arab Emirates (UAE). JPEX is regulated by the Dubai Virtual Asset Regulatory Authority (VARA) and complies with regulatory measures in all jurisdictions in which it operates. With a primary focus on blockchain technology and kriptovalyutnogo, JPEX manages more than $2 billion in global assets and technologies and presents itself as a capital-rich exchange.
JPX operations include Hong Kong, Malaysia and Australia. The company uses the cryptocurrency market as its base and distributes its resources in various fields. A prime example of this is JPEX hiring a Hong Kong celebrity as a brand ambassador and spending over $40 million on advertising. In addition, JPEX has launched an exclusive non-vulnerable token (NFT) “J-BALL” with Australian Football League (AFL) club Western Sydney Wanderers.
About necessary JPEX licenses
Since its inception, JPEX has continuously applied for relevant licenses related to the use of virtual assets that include cryptocurrencies. The exchange is currently licensed by regulators in Canada, Australia and the United States of America.
In Canada, JPEX has a Fintrac license from MSB of Canada, which regulates foreign exchange trading and exchange service companies.
In the United States of America (US), JPEX holds a FinCEN MSB financial license from the Financial Crimes Enforcement Bureau (under the Department of the Treasury). Licensed services include foreign exchange, international remittances and foreign exchange trading and remittance, virtual or digital currency, initial coin offerings (cryptocurrency for corporate IPOs), prepaid and traveler's check issuance.
In Australia , JPEX is licensed by the Australian Securities and Investments Commission (ASIC).
In addition to Asia and North America, JPEX has also entered the European cryptocurrency market.
JPEX has applied for a Lithuanian license to register cryptocurrency exchanges and wallet operators. One of the few countries operating in the European Union and the European Economic Area, Lithuania is a member of the Association of Virtual Asset Services Providers ( VASP ) and is recognized as a traditional European financial authority for electronic payments and authorizations.
For our website and mobile applications for iOS and Android, JPEX introduced features such as multi-signature cold wallet, insurance mechanism, VISA signed financial card and JP Planet's Metaverse game, which are still present and increasing customer demand. .
About the JPEX exchange insurance method
To allay the fears of customers, JPEX has introduced a method of insuring users' funds. In addition to the complexity of using cryptocurrency wallets, due to the collapse and high volatility of the cryptocurrency market, a JPEX client can pay up to $ 75,000 per user in Tether (USDT) if he loses money for legal backup. As insured and protected, the number covers up to 90% of financial losses and meets international financial standards aimed at protecting the funds of traders around the world. $75,000 is available to all customers and those who wish to purchase part of the insurance package must undergo a Know Your Customer ( KYC ) verification process.
Exchange JPEX through a multi-signature cold wallet
With billions of dollars stolen from cryptocurrency hackers, JPEX uses multi-signature cold wallet technology to increase security for storing cryptocurrencies. Typically, cryptocurrency cold wallets are paired with a set of private keys or passwords that are not available online. As a result, hackers and cybercriminals cannot access the contents of a particular wallet. The same is true for multi-signature cold wallets, but they come with more than one private key to ensure security. This technology helps maximize asset protection for JPEX customers.
The best standing forum topic about the JPEX exchange
JPEX in 2011 Since its inception in 2020, it has been a major force in the cryptocurrency industry. Since then, JPEX has been actively involved in decentralized finance and blockchain technology as a sponsor of Blockchain FEST in Singapore and part of Crypto . Expo in Dubai. These investments transformed JPEX from a new stock exchange to a mature and established one.
Through the JPX exchange Visa payment money card function
In the first half of 2022, JPEX and Simplex by Nuvei will launch the JPEXxSimplex Visa Transaction Financial Card to help more cryptocurrency users transition to virtual and fiat currencies.
The map is currently available for free on the JPEX website with physical maps being released until the end of 2022.
Some users received their physical cards by the end of 2022.
The Visa JPEX card was initially rolled out to customers in Europe, including France, Germany, Italy and Lithuania.
JPEX Exchange about the game JP Planet Metaverse
JP Planet is the first Metaverse game from JPEX, and the first phase is expected to launch in mid-February 2023. YAMI will be the first NFT series of 888 JPP ecology tokens. Each YAMI comes in a unique style, and their fans and features vary by character level.
To provide users with the best trading experience, JPEX has introduced a comprehensive internal trading system including spot trading, contract trading and copy trading.
As for the spot trading segment, JPEX has collected the top 100 cryptocurrencies in the world by the highest market capitalization and the lowest trading volume of 0.04% .
For the contract trading segment, JPEX analyzed 30 types of most liquid coins at a maximum of 200 times. At the same time, JPEX offers at least a 50% discount on transaction fees and discounts on $30 contract gold.
For replica trading boards, JPEX strictly verifies the traders' qualifications. Users can choose the right trader based on their risk tolerance, capital, income and other criteria and pay the 10 percent transfer commission for full automatic copy or semi-automatic copy.
To meet the financial needs of users with different levels of risk tolerance, JPEX has introduced three (3) financial services: on-demand funding, DEFI funding and liquid funds in addition to 36 currencies with statscoins.
Finance on demand
This includes BTC, Ethereum (ETH), USDT, US Dollar (USDC) and other major cryptocurrencies. It offers interest rates ranging from 10% to 23% , and users can choose to deposit for 1, 7, 15 or 30 days to receive the appropriate amount. JPEX's financial profitability comes from JPEX EARN's automated arbitrage technology.
About DeFi Finance
Decentralized finance has swept the world with above-average interest rates. With JPX, users can choose a good DeFi platform to maintain flexibility and generate constant income while reducing the risk of loss related to personal and professional resources. Due to the uncertainty of participation in the cryptocurrency market, JPEX will establish an insurance mechanism to protect client funds.
About mobile banking
Mobile banking refers to users depositing cryptocurrencies to provide liquidity to the trading system. JPEX provides additional incentives to reward these Liquidity Providers (LPs).
JPEX officially launched the JPC platform currency in September 2022 with a maximum of 10 trillion tokens and a maximum price of $0.01049 on February 2, 2023 (ATH).
Along with its many features, owning a JPC has many advantages: b. Access to the original subscription offer with significantly reduced transaction fees and new inventory items. In order to remain competitive in a market where over 20,000 cryptocurrencies are seeking buyers, JPC continues to conduct regular burning exercises to reduce the number of coins available to JPC holders. The JPC token acts as a currency due to its lack of features.
The exchange has launched JPEX LAUNCHPAD to reward its loyal users. Users can register to participate in the lottery on JPC or USDT. Users who win the USDT lottery get a percentage of the new coins back, and if they don't win, they get the same amount back.
To support users, JPEX has organized the DAVAN CONTRACT KING competition from January 15, 2023 at 00:00 to April 15, 2023 at 00:00 (GMT +8). Rewards are awarded based on the amount of profit you earn from trading local USDT contracts. If the three (3) top executives fully pass the Know Your Customer (KYC) verification process, they will share a total of 150 million JPC.
First place: 75 million JPC
Second place: 45 million JPC
Third place: 30 million JPC.
Diploma
With the introduction of systemic cryptocurrency legislation in various countries, the cryptocurrency market is gradually being embraced by retail investors and organizations.
JPEX always follows trends, constantly improves its functions and services in terms of development, develops new technologies and provides the latest business services to international traders, and strives to be a pioneer in this field.
Download now
- iOS: https://apps.apple.com/hk/app/jpex-wallet/id1559708728
- Android: https://play.google.com/store/apps/details?id=com.spark.jpex&hl=eu&gl=US&pli=1
Follow JPEX
- Website: https://www.jp-ex.io/en/zh-HK/home
- Instagram: https://www.instagram.com/jpex_official/?igshid=YmMyMTA2M2Y=
- YouTube: https://youtube.com/@jpex-cryptoplatform3904
- Facebook: https://m.facebook.com/profile.php?id=100081045860946&_rd
- Discord: https://discord.com/invite/WwnknX57PG
- Twitter: https://twitter.com/ExchangeJpex
JPEX Post ｜What are the features and offers of JPEX exchange? Perfect luck! Originally Posted by Coindoo.