What JBEX is and how a trade works
A marketplace where people exchange currency directly with each other: no fee, no intermediary holding your money.
Last reviewed Oct 22, 2026
JBEX connects people who want to exchange currency. You publish an order, other verified traders bid on it, and you choose the rate that suits you. The money then moves directly between your bank accounts.
What JBEX does and doesn't do
- JBEX matches orders and bids, structures the payment steps and keeps the record of every deal.
- JBEX never holds, sends or guarantees your money. There is no wallet and no balance.
- JBEX charges no fee on trades.
A trade in four steps
- Post an order: what you give, what you want, the rate range and the payment details.
- Bids compete: verified traders offer their own rate within your range.
- Accept: you pick the bid you like; that becomes a deal.
- Settle bank to bank: each side pays from their own account and confirms what arrived.
Any of the supported currencies can be exchanged for any other: Toman, Canadian and Australian dollars, euros, pounds, UAE dirham and Turkish lira.