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 Lesotho
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
Can I buy $1 worth of JPEG'd?
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Should I buy JPEG'd right now?
Landlocked Lesotho, often known as the Kingdom of Lesotho, is an exclave of South Africa. South African rand (R) and Lesotho loti (L) are the country's official currencies. The total population of Lesotho is 2,180,967 (2022). It takes less than 10 minutes to buy JPEG'd(JPEG) and other cryptocurrencies in Lesotho using the Bitget peer-to-peer network and other methods of crypto deposit.
English and Southern Sotho are both official languages in Lesotho. Both the Bitget website and app are available in English.
Beautiful cities like Maseru, Teyateyaneng, Mafeteng, Hlotse, and many others can be found in Lesotho. The greatest cryptocurrency trading platform in Lesotho is Bitget exchange, no matter where you are.
The climate of Lesotho is typically categorized as temperate with alpine features. The nation has warm summers and rather chilly winters. Mostly as a result of the greater elevations, temperatures tend to be lower than in other nations at comparable latitudes. The landscape consists primarily of highland plateaus, hills, and mountains. The only country in the world that is entirely over 1,000 meters in altitude is Lesotho. The highest lowest point of any nation in the globe is located there, at 1,400 meters.
Every year on October 4, Lesotho marks the day the country gained independence from the British in 1966 by celebrating Independence Day. The Maluti Mountains, Gates of Paradise Pass, Royal Palace, Maletsunyane Falls, Semonkong, and Liphofung Caves are just a few of the stunning sights in Lesotho. In Lesotho, Bitget is the most popular cryptocurrency exchange.