JPEX: Warning Bells Ringing
Critics are targeting JPEX, a crypto exchange out of Hong Kong. The grievance? A sudden surge in withdrawal fees to $999, alongside a maximum limit set at $1000.
On this page
But that's not the only issue on their plate. Regulators suggest that JPEX might be providing services to the Hong Kong populace sans the vital license – a claim JPEX refutes on their platform.
Historically, the exchange has drawn clients with an ambitious 30% annual return proposition on stablecoins and has ardently championed its token, predicting a considerable value spike.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.