What is JPEG'd (JPEG)?
JPEG'd is a blockchain-based project that aims to revolutionize the world of NFT and DeFi by creating a platform that allows people to use NFTs as collaterals for loans. The protocol currently supports most popular NFT collections such as CryptoPunks, Bored Ape Yacht Club, Mutant Ape Yacht Club, and EtherRocks.
JPEG'd was launched in 2022 and it already has $61.4 million in TVL.
How JPEG'd (JPEG) Works
JPEG’d has a sophisticated mechanism with three native tokens: JPEG, PUSd, and pETH. Users can deposit supported NFTs into vaults and take out loans in PUSd or pETH whose values are at max 35% of the collateral value. When taking out loans, users can purchase insurance that costs 5% of every debt. This insurance allows users to potentially be able to buy back their NFTs even after being liquidated if they pay the outstanding balance plus the liquidation fee.
PUSd and pETH are two native tokens of the platform that users can borrow by depositing the NFTs. Though the former is a stablecoin and the latter is an ETH derivative token, they are both minted when users borrow and are burned when the debt is repaid. Moreover, both incur an interest rate for lending.
JPEG is the governance token of the protocol that also lets holders access auctions and have a higher debt/collateral ratio.
How Many JPEG'd (JPEG) Tokens Are in Circulation?
There are 69,420,000,000 JPEG tokens in total supply, 20,826,000,000 (30%) of which are in circulation.
How to Buy JPEG'd (JPEG)
Consider investing in JPEG'd (JPEG)? It only takes 2 minutes to create an account on Bitget and start trading JPEG.
Check out the available JPEG trading pairs on Bitget!
Spot market
JPEG'd (JPEG) Resources
Simple 3-step guide to buying JPEG today in Jordan
Create your free Bitget account
Select a funding method
Complete your JPEG'd purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for JPEG'd using a payment method of your choice:
Buy JPEG'd with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your JPEG'd order.
How to buy crypto with credit/debit cardBuy JPEG'd with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into JPEG'd is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your JPEG'd order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your JPEG'd order.Buy JPEG'd with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your JPEG'd order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor JPEG'd in your Bitget spot wallet
Bitget—where the world trades JPEG'd
How to buy JPEG'd for free
- Learn how to earn JPEG'd for free through the Learn2Earn promotion
- Earn free JPEG'd by inviting friends to join Bitget's Assist2Earn promotion
- Receive free JPEG'd airdrops by joining On-going challenges and promotions
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FAQ
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Jordan is a country in the Middle East, bordered to the west by the Palestinian territories of the West Bank and Israel, to the south by Saudi Arabia, to the east by Iraq, and to the north by Syria, with access to the Dead Sea and the Red Sea: Gulf of Aqaba. Jordan is composed mainly of an arid desert plateau in the east and a mountainous region in the west. The Great Rift Valley and the Jordan River separate Jordan from Israel (350 km border).
The population is largely composed of people of Arab origin (half of whom are Palestinians, with new waves of refugees from Syria and Iraq), as well as minorities such as Circassians and Armenians. The history of Jordan goes back to the origins of mankind but is mainly marked by the passage of nomads. The ancient period was influenced by the various civilizations that succeeded one another in the region: Canaanites, Arameans, Persians, and Babylonians. In 169 BC, the region was under the control of the Nabateans, who founded the troglodytic city of Petra and made it their capital at the crossroads of the trade routes between the Persian Gulf and the Red Sea. It is here, at this time, that the Arabic alphabet seems to have been born.
Its official currency is the Jordanian Dinar (JD). Whether you're in Petra, Wadi Rum, Jerash Ruins, Aqaba, or anywhere in Jordan, you can buy cryptos on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.