JPEX strengthens partnership with Simplex by Nuvei, launches crypto-friendly card
/EIN News/ — NEW YORK, NY, Oct. 17, 2022 (GLOBE NEWSWIRE) — JPEX, a recognized and licensed digital asset bank designed to enable virtual currency trading while providing a benign, secure platform for international transactions, has announced its collaboration with Simplex by Nuvei. As one of the leading brands in the highly competitive Asian crypto market, JPEX has partnered with Simplex by Nuvei to further strengthen its position in the ever-growing market.
Simplex by Nuvei is an EU-licensed fiat/crypto infrastructure for the whole world. The partnership between these innovative platforms has led to the creation of a crypto-on-ramp infrastructure where users can purchase cryptocurrencies with credit/debit cards. Talks are ongoing with Simplex by Nuvei to build and launch a JPEX crypto-friendly debit card.
JPEX Debit Card
After a successful incorporation and card pre-order phase, users can now register to receive the JPEX cards starting in Q4 of 2022. The launch of the JPEX cards aligns perfectly with JPEX’s primary goal of bridging the gap between traditional financial institutions and virtual assets. These cards will only be available in the EEA and Great Britain.
The card will allow users to make significantly low crypto-investments and use earnings from digital assets to pay for purchased goods and services rendered.
This partnership between Simplex by Nuvei and JPEX will play a key role in accelerating global crypto adoption. JPEX is committed to providing high quality trading depths and a variety of spot trading options. In addition, the crypto exchange platform continues to improve existing hedging products; the recently launched new NFT asset-based contract with RedHare is one example. With this innovation, NFT holders need not worry about the bull and bear crypto seasons as they can effectively hedge against imminent risks and earn various benefits.
JPEX works in a number of areas and since 2021 the digital assets infrastructure has been deeply involved in the preparations for the upcoming World Cup in Qatar 2022.
About JPEX
JPEX is a recognized and duly licensed digital asset infrastructure designed to support virtual currency trading. JPEX is committed to providing a super friendly, reliable and secure platform for international crypto transactions. JPEX has partnered with Simplex by Nuvei to eliminate the existing barrier between traditional finance and digital assets.
About Simplex by Nuvei
Simplex by Nuvei is the fiat/crypto infrastructure for the whole world. An EU licensed financial institution, Simplex by Nuvei aims to change the status quo of the current crypto markets by providing simple, seamless and secure channels to convert over 100+ fiat currencies into 170+ cryptocurrencies. Simplex has been actively supporting existing and new protocols in the industry, nurturing and expanding its portfolio of supported cryptocurrencies.
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