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 Montenegro
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" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select 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 website
For 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 SEPA 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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Located in Southeastern Europe and forming part of the Balkans is Montenegro, a nation that shares its borders with Serbia to the northeast, Croatia to the northwest, Bosnia and Herzegovina to the north, Kosovo to the east, Albania to the southeast, and the scenic Adriatic Sea to the west. Its coastline for the latter runs a whopping 293.5 kilometers long, with its capital city Podgorica located inland to the east. The city spans 13,812 square kilometers and is home to around 30% of Montenegro’s overall population of 621,000. There, you’ll find plenty of culturally-rich museums and art galleries, including the city’s main museum and the Center for Modern Art.
Due to the diversity of its landscapes which stretch from the coast of the Adriatic Sea to the mountain ranges of Durmitor, Bjelasica, Sinjajevina, Prokletije, Komovi, and more, the country attracts approximately 1.3 million tourists every year. Interestingly, more than 60% of the nation sits at an altitude of 1000 meters above sea level or more, meaning you’ll be able to ski up in the mountains and swim in the sea on the same day during mid-season changes. There are also four national parks, with Durmitor National Park earning the title of a UNESCO World Heritage Site.
Currently in the process of joining the European Union, Montenegro has adopted the Euro (EUR) as its official currency, and with direct support from Bitget, you can purchase JPEG'd(JPEG) in just a matter of minutes, no matter where you are in the country, from Podgorica to Nikšić to Herceg Novi. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.