JPEX Ranks among the Top Ten Cryptocurrency Exchanges in the World with Ecological Diversified Development
2022-03-05
Since 2021, the cryptocurrency market has ushered in a new round of prosperity. Web3 represented by DeFi has sprung up, further promoting the influx of a large number of funds into the field of cryptocurrency. With the rise of DEX, the traditional cryptocurrency trading platforms have also suffered a new wave of impact, and the industry as a whole has ushered in a reshuffle. With the further introduction of cryptocurrency-related regulations formulated by countries around the world, compliance has gradually become a new theme in the industry.
As a cryptocurrency exchange built by Japanese technology professionals, JPEX is expanding globally with the adherence to compliance, and continuously make progress. Currently, JPEX is regulated and licensed to engage in cryptocurrency activities in the U.S., Canada, Australia and other countries.
JPEX owns the IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team. Users can safely and efficiently gain derivatives income on this basis. So far, it has managed more than 15.6 billion assets worldwide, with several hundred thousand users.
JPEX Digital Bank is currently based on IAIA 2.1 System and operates intelligently and systematically in the form of traditional hedge funds. JPEX Circular Arbitrage Quantitative System is jointly monitored by six senior investment analysts, and the introduction of the Quantitative System will help the Arbitrage System of JPEX Digital Bank arbitrage more accurately and create higher yields. IAIA 2.1 System is equipped with 20-year historical data of 12 futures markets and can create profits for users in 7x24 hours. At present, cryptocurrency derivatives are gaining momentum. Circular Arbitrage of JPEX is expected to become a "troika" of cryptocurrency derivatives in parallel with futures and options.
JPEX also specializes in decentralization application development, smart contracts, cryptocurrency trading platform and its maintenance business. In addition to the corresponding services, JPEX is also realizing the diversification and expansion of business on the basis of the existing cryptocurrency business.
Market Development of JPEX
Previously, JPEX had bought scenic billboards on the whole floor of Hong Kong Railway Station, Tsim Sha Tsui Station, Mong Kok Station, Kowloon Tong Station, Hong Kong Station, Diamond Hill Station and Causeway Bay Station, as well as the spectacular billboards in the Cross Harbor Tunnel. In addition, it had spent huge sums of money to buy giant advertisement space in Malaysian shopping and business districts, Australian subways, bus stations and other spots on the street, and the prosperous areas of Sydney, to promote the JPEX platform, attract many citizens to stop and watch, and publicize to potential cryptocurrency users on this basis. JPEX has also set up offices in many places to further radiate to the potential users and head to globalization.
In late 2021, HMVOD Video, a Hong Kong listed company, officially established a strategic partnership with JPEX. They signed a "memorandum of understanding" and recorded the details of their cooperation. According to the memorandum, JPEX would provide HMVOD with its software and systems called Decentralization Application, Decentralization Application Wallet (DAPP Wallet), and Ito Arbitrage Investment App (IAIA), so as to further help HMVOD deal with cryptocurrency and non-fungible token (NFT).
At the same time, HMVOD is expected to make a three-year investment of up to $5 million for JPEX after the two sides reach an agreement. The specific investment rules will also be customized in the investment agreement. It means that while providing services for HMVOD, JPEX can obtain a certain amount of financing for further business development. At the same time, the cooperation is also helpful for JPEX to establish itself in the NFT market.
In the fourth quarter of 2021, JPEX launched an NFT game called "Rosefinch", which attracted many users and became a hit. At the same time, the NFT game users of JPEX had reached 24 million.
Meanwhile, Western United Football Club also announced that JPEX became a new golden partner before 2021/22 season, and JPEX would sponsor the defender of Manchester United Football Club and the defending champion player Tomoki Imai in the coming season. It is expected that JPEX will cooperate in depth and extensively with Club in the next decade.
In 2022, cooperating with Simplex, JPEX created a more convenient way for users to enter the encryption world. Simplex is one of the world's largest licensed financial institutions, enabling its numerous partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, etc. JPEX will accept its credit and debit card purchasing encrypted assets. Meanwhile, JPEX will cooperate with Visa to launch Crypto-VISA CARD. JPEXCard allows users to purchase in cryptocurrency of their own choice wherever VISA CARD is accepted. Cardholders shall assume a fixed account management fee but no deposit, exchange or withdrawal fees, which makes it the best low-cost card.
The function of crypto debit cards is similar as prepaid debit cards: they can be loaded with cryptocurrencies, conveniently make online or in-store payments to merchants who don’t accept cryptocurrencies. These cards can convert loaded Bitcoin or other cryptocurrencies to any other fiat money. Crypto debit cards can also be used to withdraw supported fiat cash from ATMs.
JPEX Won the “2021 Excellence Award”
In 2022, Oriental Daily News and on.cc held the "Excellence Brand Award", where JPEX won the "Excellence Blockchain Asset Trading Platform Award". It is reported that the Award aims to support the outstanding achievements and images of certain brands and set more examples in Hong Kong. Other award-winning members were high-quality enterprises such as Sun Hung Kai Properties, the Hong Kong Jockey Club, MTR, Emperor Watch and Jewelry, CDF Beauty, Hong Yip Service Co., Ltd., China Mobile, Differ Credit and Futu Group.
As a representative enterprise in the field of cryptocurrency and blockchain, JPEX is gradually going mainstream on the basis of compliance.