JPEX, the globally compliant crypto exchange, has announced the launch of its very own VISA debit card in collaboration with Simplex by Nuvei. The card will see an acceleration in the adoption of cryptocurrencies as it will be easier than ever to utilize the value of digital tokens and coins by converting them into fiat and spending anywhere.
JPEX VISA Card Pre-Order Open
The crypto market stands at nearly a trillion Dollars today. While digital assets are being used increasingly for value transfer including payments, a significant disconnection exists as the traditional financial systems are incompatible with them.
One can only use crypto for payments if the other parties like merchants accept these. The alternative is to convert cryptos like Bitcoin and Ethereum into fiat and spend it like regular money.
This is changing for hundreds of thousands of JPEX users with the launch of the crypto exchange’s VISA-powered debit card. Created in collaboration with the global fiat/crypto platform Simplex by Nuvei, the card enables JPEX users to spend their crypto assets as if they were holding a regular VISA card. The cardholders will be able to pay any merchant (online or a brick-and-mortar shop) that displays the VISA logo.
Furthermore, the collaboration with Simplex by Nuvei also enables access to ease of funding the card, allowing JPEX users to instantly top up their card or buy their favorite cryptocurrencies through offramps and directly with fiat.
The innovative service is available to JPEX account holders based in the EEA and the UK and while the physical cards will be shipped out in the last quarter of 2022, the pre-order phase is open for a limited time, giving JPEX traders the option to place an order instantly.
The Simplex by Nuvei Connection
While the debit card by JPEX uses the globally accepted VISA network, the card’s availability and services are made possible through Simplex by Nuvei.
Simplex is a service by Nuvei and is a leading crypto on-ramp gateway used by hundreds of platforms all over the world. The crypto adoption platform can accept over 100 different fiats that can be converted into 200+ different crypto assets. Integrating Simplex by Nuvei into the larger JPEX service, the crypto exchange has facilitated the adoption of cryptocurrencies as the same ease of crypto purchases is extended to JPEX users.
JPEX has been collaborating with Simplex by Nuvei for nearly a year, giving its users easy fiat-to-crypto services. This move has been done to boost the adoption of cryptocurrencies, as JPEX users can buy cryptocurrencies on the exchange with their credit and debit cards as if using any ordinary e-commerce website.
The enhanced collaboration between Simplex by Nuvei and JPEX shows a deep-seated commitment of the crypto exchange to provide quality services that allow easy onboarding and take down the barriers to mass crypto adoption.
JPEX: A Rising Star
Launched in the summer of 2020, JPEX has risen swiftly and is counted amongst the most user-friendly crypto exchanges of today.
The platform offers several services that are geared not only toward crypto enthusiasts and traders, but allows novices to enter the market in a frictionless environment. Licensed as a virtual currency platform from multiple jurisdictions, the Australian-based crypto exchange is now a popular destination for many Asian-Pacific nationals.
JPEX is spreading crypto awareness through different means. Its latest endeavor includes sponsoring renowned football clubs like Western Sydney Wanderers, and MacArthur FC.
Offering basic crypto purchases and selling, the JPEX platform provides spot trading, futures and even savings through staking, liquidity and other DeFi options. The exchange has also become a prominent platform within the crypto community, thanks to its top-of-the-line security and a fee structure that is not only user-friendly but also light on the pocket.
