JPEX and Simplex by Nuvei Join forces to Launch Crypto-friendly Visa Debit Cards

JPEX, in partnership with Simplex by Nuvei, recently launched crypto-friendly debit cards to promote crypto use and bridge the gap between crypto and fiat currencies. Users can now leverage and take full advantage of JPEX's innovative partnership with Simplex by Nuvei to satisfy their growing crypto needs through easy transfers, purchases, and payments.

JPEX is a unique global and recognized asset provider and digital asset trading platform. Since the start of the year, the organization has partnered up with Simplex by Nuvei (a fiat-to-crypto solution provider) to devise a smart onboarding plan for the teeming audience of centralized users in the blockchain ecosystem.

Blockchain technology continues to move at an unprecedented rate as innovative platforms create solutions for bridging decentralization and traditional finance. In its very essence, traditional finance is gradually tilting to a smarter method of processing transactions and finances.

Brilliant innovations and stunning ideas continue to unfold from projects building on top Blockchain technologies. Amid this tech renaissance, JPEX and Simplex stand out as leaders keen on connecting the established CeFi with the promises of DeFi. It is only necessary, CeFi systems and their restless users and operators are gradually veering into the world of possibilities decentralization offers.

JPEX And Simplex By Nuvei Visa Debit Cards Solutions

A downturn of decentralization is not creating access for a willing and teeming audience of users looking to make investments in cryptocurrencies through direct purchases with fiat. Most centralized exchanges may try to fix this through p2p mediums. This often results in trust issues and disputes between parties involved in fiat to crypto transactions. 

JPEX, in partnership with Simplex by Nuvei, provides creative solutions to these issues by launching debit cards, allowing users to directly purchase crypto assets. Following this deal, the exchange’s clientele will use Visa debit cards to directly purchase crypto through Simplex. This move is anticipated to further fast-track the adoption of cryptocurrencies, smoothening technical kinks and enabling ordinary non-techy individuals to delve into crypto.

The physical Visa debit card, already available for pre-order to enable investor and user registration, will be issued by JPEX and Simplex in Q4 2022 when additional aspects of their cooperation have been finalized. It is expected that by using the more familiar Visa debit card to purchase crypto, it will be easier for users to acquire top crypto assets as a means of payment while also boosting crypto as a medium of payment as originally envisioned. Most importantly, using debit cards will drastically lower investment threshold, allowing retailers to purchase any amount of their preferred coins.

Meet The Smart Innovators

JPEX is an internationally recognized Australian provider of digital assets run by a group of development workers from many nations, including Japan, Australia, and the United States. Notably, its Japanese smart technology team's IAIA, De-Fi, and Dual Currency Liquidity products can help arbitrage interest on numerous cryptocurrencies, with interest computed daily and flexibility. 

With JPEX, users can earn crypto interests and trade with leverage as high as 300x. JPEX's immense contribution to the awareness and scalability of adoption in the crypto industry can be seen through JPEX's intentional marketing strategy. JPEX accomplishes this by using large billboard advertisements and sponsorships of various football clubs.

Simplex by Nuvei is the fiat/crypto infrastructure for the entire 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 to 170+ cryptocurrencies. Simplex has been actively supporting existing and new protocols in the industry, nurturing and expanding its portfolio of supported cryptocurrencies.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.