Digital Asset Management News

JPEX Strengthens Partnership with Simplex by Nuvei

JPEX Strengthens Partnership with Simplex by Nuvei

JPEX, a recognized and licensed digital asset bank designed to enable the trading of virtual currencies while providing a benign, safe platform for international transactions, has announced its partnership 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 stance in the ever-growing market.

Simplex by Nuvei is an EU-licensed fiat/crypto infrastructure for the entire world. The partnership between these innovative platforms has led to the creation of a crypto on-ramp infrastructure where users can buy cryptocurrencies with credit/debit cards. Talks are underway with Simplex by Nuvei to build and launch a JPEX crypto-friendly debit card.

Latest Fintech News: Prometheum Launches SEC Registered Market for Digital Asset Securities

JPEX Debit Cards

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 align perfectly with JPEX’s primary goal to bridge the gap between traditional financial institutions and virtual assets. These cards will only be available in EEA and the UK.

The card will allow users to make significantly low crypto investments and use earnings from digital assets to pay for goods bought and services rendered.

Latest Fintech News: Fantom Delivers Automatic Smart Contract Auditing to dApps With Watchdog Monitoring System

This partnership between Simplex by Nuvei and JPEX will play a key role in accelerating global crypto adoption. JPEX is committed to delivering high-quality trading depths and an array of spot trading options. Additionally, the crypto exchange platform continues improving existing hedging products; its recently launched novel 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 efficiently hedge against imminent risk and earn various benefits.

JPEX is working in numerous areas, and since 2021, the digital assets infrastructure has been deeply involved in preparations for the forthcoming Qatar 2022 World Cup.

Latest Fintech News: H2cryptO and RoundlyX Partnership Brings Passive Investing to Crypto

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

FameEX Takes a Leap to Upgrade Its Perpetual Futures to Meet Users’ Trading Demands

GlobeNewswire

nbkc Bank Named Kansas City’s Strongest Large Bank

GlobeNewswire

Tradeweb Direct Added as Counterparty to New York Fed’s Secondary Market Corporate Credit Facility

Fintech News Desk
1