NEW YORK, NY, Aug. 08, 2022 (GLOBE NEWSWIRE) — JPEX, a centralized crypto exchange platform, has announced the launch of its native token, JPC. With over a hundred million users and multiple crypto support, JPEX’s decision to launch a token is in line with the team’s goal to continuously integrate healthy, advanced and cutting-edge features into the ecosystem. And as a token, JPC will contribute enormously to the growth of JPEX and add liquidity to the centralized exchange platform.
JPEX, through JPC, aims to improve the market value of exchange-backed tokens, setting the nascent crypto trend on a unique trajectory.
JPC is officially launched on Monday 8 August 2022expressly at 10:00 p.m [GMT] on the JPEX platform.
How JPC will affect JPEX and the crypto market
As the NFT wave continues to attract more collectors and brands, various centralized crypto exchanges such as Binance, Crypto.com, and Coinbase have launched marketplaces, simplifying the NFT buying and selling process for users. Backed by a team of innovative, vibrant and committed individuals, JPEX has its eyes set on the NFT space and may enter the market soon. The eventual entry into the NFT space will see JPC become the primary digital resource for transactions on the JPEX NFT marketplace. This opens up more opportunities for digital art collectors.
With JPEX currently offering multiple earning options for users, the launch of JPC further gives the centralized exchange an opportunity to introduce stakes, widening the reward gap for existing and potential users. JPC can serve as a reward token for users who are keen to commit a percentage of their holdings to the platform.
JPC has all the central properties of money – scarcity, durability, legitimacy, utility, transferability and divisibility. These indispensable facets make it an ideal token with the potential to gain mainstream adoption and acceptance as a transactional currency.
The JPC Lottery
Set to start Monday 8 August 2022, JPC will be available for trading on the JPEX exchange. To celebrate the token launch, JPEX will host a JPC lottery where users can win 20 million JPC tokens.
The lottery will run from July 27th to August 3rd with a fixed prize of 200 USDT. In an unprecedented way, JPEX will return the lottery fee – 200 USDT – to non-winners.
JPC is the second token to launch on the JPEX launchpad, LPG the first. However, it has managed to rake in more users and number of purchased tokens than the latter. JPC’s first presale saw over 20,000 users and more than 20 million tokens purchased compared to LPG’s 8,000 users. Despite this, LPG experienced a price increase of over 70% immediately after launch, and with JPC more widely accepted, the price increase could be double or triple that of the former.
As an ERC-20 token, JPC will offer a ton of benefits, ranging from JPEX voting rights to Friend Promise rewards, metaverse and NFT trading discounts, an increase in asset insurance, and benefits from pledging a specific number of tokens.
About JPEX
JPEX is one of the most accessible centralized exchanges for fast, transparent and legitimate buying and selling of cryptocurrencies. With millions of users, the launch of JPC as a native token will further cement the platform’s position as one of the market leaders. JPC will introduce important features to the exchange, attract more users and retain existing customers.
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