Founded in 2020, JPEX is a global crypto trading platform. Its users are located in many countries and regions around the world.
The trading products provided include futures contracts, spot trading, etc. Its biggest feature is contracts and copy trading transaction mode.
At present, the total amount of JPEX’s global contract transactions has grown steadily, and the global asset scale is now more than 2 billion U.S. dollars. And have legal and financial licenses in the following three countries,
The relevant licenses of the virtual currency platform held by the JPEX digital asset platform are as follows:
(Inquiry method: Enter JP-EX in “Search By Name”)
If you are new to cryptocurrency investment but want to follow the trading strategies of those veterans, you can copy their movements through the JPEX platform. Register an account to copy their strategies and start your cryptocurrency journey.
If you are an investment veteran for cryptocurrencies and want to increase your investment flexibility through contract trading, or to gain additional income through your own trading strategy, then this platform may be suitable for you as well.
“Investing in stocks is easy” is the slogan of the cryptocurrency exchange JPEX. In order to actively strive for the Hong Kong market, JPEX has recently contracted subways, buses, commercial buildings, and large outdoor billboards all over the streets of Hong Kong.
Covering the bustling areas of Hong Kong, Kowloon, and the New Territories, the subway platform covers the most crowded areas, such as Central, Causeway Bay, Admiralty, Mong Kok, etc., as well as double-decker buses and bus stop lightboxes.
Currently, JPEX is focusing on the development of the Asia-Pacific region and is moving forward with the goal of becoming one of the top five cryptocurrency exchanges in the world.
In addition, the JPEX R&D headquarters will open officially in Sydney CBD in the third quarter of 2022 (647 Botany Road, Rosebery 2018 NSW Australia)
After the installation is complete at the R&D headquarters, JPEX plans to invite educational institutions, such as local universities in Sydney, to conduct metaverse-related research, develop applications, and even collaborate to create NFTs.
In addition, JPEX is also looking for opportunities to cooperate with crypto-related companies or startups along the way.
JPEX account opening tutorial|Discount on handling fee + 30 USDT reward
How do new users register accounts, perform KYC real-name authentication, and withdraw and deposit funds?
Registering a JPEX account is very simple: click the account opening link on the computer or mobile phone interface, download the APP, and enter your mobile phone number or email to register. The entire account opening process is swift and only takes a few minutes.
Reward: Now complete the real-name identity verification, and deposit 100 USDT. You can get a 30 USDT contract experience bonus; it can be used for contract trading, and the profit will automatically be transferred to your account.
Without real-name authentication, you can still trade and recharge normally, but there will be no rewards, and the maximum daily transfer amount will be less.
In addition, after real-name identity verification (KYC), you can also get JPEX financial insurance protection, with a maximum protection amount of 75,000 US dollars.
For more information, please refer to the official announcement.
JPEX vs. 幣安 Binance
JPEX | Binance | |
Handling Fee | Spot: 0.08% (with referral code 0.04%) | Spot: 0.1% (BNB HODL: 0.075%) |
Futures Contract Funding Rate: No | Futures Contract Funding Rate: Yes | |
Futures Contract Maker Fee: 0.03% | Futures Contract Maker Fee: 0.02% | |
Futures Contract Taker Fee: 0.03% | Futures Contract Taker Fee: 0.04% | |
Saving Interest | Bitcoin BTC: 27% | Bitcoin BTC:5%; |
Ethereum ETH:31% | Ethereum ETH:2.4%; | |
Stablecoin USDT: 31% | Stablecoin USDT:10% |
*The “funding rate” is to prevent the futures price from deviating from the spot price. When market investors operate a large number of rising contracts, the long side must pay the funding rate to the short side so that the long side has a cost of holding a position and vice versa.
If the sentiment is strong, the short side pays the funding rate to the long side. Funding rates are usually charged every few hours, e.g., 4 hours, 8 hours. For investors, the funding rate will increase the cost of holding positions.
^ “Maker” refers to setting a limit transaction; “Taker” refers to accepting the existing pending order and executing it immediately.
JPEX financial function introduction
JPEX provides various financial management options: such as IAIA, DeFi financial management, mobile financial management, documentary financial management, etc.
IAIA refers to using the price spread between different exchanges to carry out arbitrage and earn profits from the price spread.
The general approach is to use a 24-hour artificial intelligence trading program to detect currency prices on global exchanges. The system will automatically buy cryptocurrencies at a low price on one exchange and at the same time sell the same cryptocurrency at a higher price on another exchange, earning the price spread by automatically buying low and selling high.
The platform provides a variety of currency options. For example, the annual interest rate is: Bitcoin BTC 29%, Ethereum ETH 35%, stable currency USDT 35%, Dogecoin DOGE 31%, Shiba Coin SHIBA 20%, Metaverse Coin SAND 11% , Polkadot DOT 37%, etc.
- Billing cycle: daily
- Fixed deposit time: 1 day, seven days, 15 days, 30 days (flexibly choose a fixed time)
- Interest settlement currency: You can choose to deposit currency as the interest settlement currency, or you can choose to settle with stablecoin, USDT. For example, when you deposit BTC, you can choose to charge BTC interest, or you can choose to charge the equivalent USDT interest.
Decentralize finance & yield farming
DeFi financial management generally refers to the use of blockchain to process financial applications such as transactions, lending, insurance, derivatives, prediction markets, and payments. By depositing coins in DeFi, which can stand as a bank, they lend or operate at a high-interest rate and earn interest of DeFi rewards.
Liquid wealth management refers to depositing two cryptocurrencies to provide the system with the liquidity of this trading pair so as to obtain additional rewards. For example, if you put your BTC and ETH into the JPEX liquidity pool, people who need BTC / ETH transactions on JPEX can complete the transaction faster, and you can get the fees and rewards from the platform.
You can put funds into or out of liquidity pools at any time, so some people regard liquidity mining as a kind of survival, using idle funds to earn income.
JPEX arbitrage management
Conservatives/Stables Investors will tend to buy cryptocurrencies and then collect interest on wealth management, just like banks earn interest on fixed deposits. The following is the operation teaching using JPEX to earn arbitrage or wealth management interest, taking USDT interest as an example:
- Open the JPEX App and click “Assets” at the bottom
- Click “Transfer,” enter and select USDT;
- Transfer the USDT in the “spot” account to “IAIA,” the wealth management account;
- Enter the amount of USDT you want to earn interest, and click “Transfer”;
- Click “Finance” at the bottom;
- Select the currency you want to carry out regular arbitrage or wealth management. For example, click “USDT”;
- Select the arbitrage period “1 day”, “7 days”, “15 days” or “30 days”;
- Enter the amount you want to arbitrage. If you want to arbitrage all USDT in the account, click “All”;
- Click “Confirm Arbitrage”;
The arbitrage process has been completed with simple steps. You can click “Record” in the upper right corner to check the currency being arbitraged and the end time at any time. After the arbitrage is completed, the JPEX App will notify you to “claim immediately” the interest and principal.
JPEX how to deposit|OTC, wallet transfer, buy crypto with credit card
Method 1: Physical Exchange Shop (OTC Shop)
The cryptocurrency market has become more and more mature, and many OTC Shops have begun to appear on the market. So, what is a physical cryptocurrency OTC shop?
Just like you usually exchange Hong Kong dollars/Taiwan dollars for U.S. dollars and Chinese yuan, there are already cryptocurrency exchange shops. OTC is a cryptocurrency exchange store. As long as you transfer USDT to the merchant, the merchant will exchange through cash or direct bank transfer to you, which is a convenient and fast process.
These brick-and-mortar stores can help you exchange fiat currency for an equivalent stablecoin, usually USDT, at the current market price. Then after confirmation, they will help you deposit funds into your JPEX account, which only takes a few minutes.
In Hong Kong, there are more and more exchanges to choose from, such as One Satoshi, Coiner, Coingaroo, and Crypto HK Hong Kong cryptocurrency exchange (remember to search the reliability of the OTC shop and the exchange rate prior to investing)
Method 2: Wallet transfer
JPEX users can transfer funds to JPEX using other exchanges or crypto wallets. JPEX exchange provides the TRC20 blockchain mainnet with low transfer fees. Take advantage of this method to save money on transfers between crypto wallets.
The following is an instruction to transfer Binance USDT to JPEX:
- Open the JPEX App and click “Assets” on the homepage
- Click “Deposit” and enter “USDT.”
- Select “TRC20”, and copy the “Deposit Address”*
- Then open the JPEX app and click “Assets” on the homepage
- Click “Withdraw” on the spot account
- Enter “USDT”
- Paste JPEX’s USDT deposit address at the address (that is, the address that has been copied in step 3)*
- Select the “TRC20” mainnet type, enter the amount you want to transfer and click “Withdraw.”
Method 3: Buy crypto with a Visa or Mastercard credit card
The operation steps are: open the JPEX App ->, click “Credit Card Visa/Mastercard” on the home page ->, enter the amount of USDT to buy ->, click “OK” -> enter the relevant information of the credit card. The handling fee is relatively high.
JPEX how to withdraw|cryptocurrencies become cash?
Available through cryptocurrency ATMs, private trades with buying and selling (P2P), face-to-face exchanges, crypto exchanges, as well as brick-and-mortar OTC shops.
JPEX spot|how to buy crypto
Take buying 0.001 bitcoin spot as an example: Open the JPEX App and select “Spot” on the homepage.
- Enter Bitcoin “BTC.”
- Click “BTC” and select “Buy.”
- Select “Market Price” or “Limit Price,” and enter “0.001” for the quantity to buy.
- Click “Buy” to complete the transaction.
JPEX future|how to buy up and buy-down
Take 10 USDT to long Bitcoin futures at five times the market price as an example: Open the JPEX App and select “Home” on the homepage.
- Click “Futures.”
- Click on the currency pair in the upper left corner and select “BTC/USDT.”
- Select “Long”, “Market”, “5X”.
- Principal input “10” USDT.
- Click “Open More”.
High leverage means high reward and high risk. Novice investors should try to control the leverage multiple to reduce the chance of liquidation.
If you want to know more about JPEX’s campaigns, you can follow the links below for the latest updates:
Register | Get the APP | Instagram | Twitter | Discord | Facebook | Announcement
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Source: https://beincrypto.com/introduction-to-jpex-a-global-digital-asset-crypto-trading-platform/