We are pleased to inform you that our company reaches a new level. Our products and services have caused a wide response among investors in the Asian region, which led us to the idea to open an office in Asia. Not so long ago, we opened a few brokerage firms for our customers from Malaysia and […]

We are pleased to inform you that our company reaches a new level. Our products and services have caused a wide response among investors in the Asian region, which led us to the idea to open an office in Asia. Not so long ago, we opened a few brokerage firms for our customers from Malaysia and one of our newly minted White labels became interested in purchasing of B2BROKER franchise as he sees a big potential in the area of B2B services for brokerage firms. In the near future we will have an office in Kuala Lumpur. Stay tuned.

B2BROKER Opens an Office in Asia

By using this site you thereby agree to our terms of use of cookies as set out in our 

Contact form

Industry scalable solutions, advanced technology and exceptional support.

Find out our technical specification of trading products and it's tier margin requirements.

We provide a wide range of connectivity options. Find out more about it.

Comparison

Get top-tier FX liquidity with robust technology, fast execution, 24/7 support, and competitive prices.

Get spot metals liquidity at competitive prices and tight spreads for long and short positions.

Get global indices liquidity for a diverse exposure with tight spreads, best prices, and ultra market depth

Offer trading solutions for oil, gas, and alternative energy sources, and enjoy real-time data and analytics

Discover our crypto CFD solution combining liquidity from exchanges, non-bank LPs, brokers, and more

Access global equities with single-stock CFDs and gain worldwide equity market coverage from a single account.

Provide clients with diversified investing through ETFs from major European, Asian, and American exchanges.

Offer instruments in NDFs for flexible settlement dates and currency pairs to adapt to market fluctuations.

FOREX/CFD Margin

Useful links

Header | Liquidity new 2024-10-08

Liquidity

Optimise your brokerage with our Forex CRM: streamline operations, UX, analytics and risk management

B2CORE

Launch your copy trading platform with support in 7 days and empower beginners to mirror expert strategies

Let traders create investment funds and earn from volumes or profits within your brokerage with our PAMM platform.

Simplify multi-account management, allocate trades, and execute block orders with our advanced MAM platform.

B2COPY

Your Bridge Gateway to multiple crypto exchanges and LPs. Create a unique liquidity pool for your crypto business

B2CONNECT

Launch your prop trading firm, attract traders to buy challenges, and reinvest their fees to fund top traders

B2PROP

Multi-market and Multi-asset ultimate trading platform to run your FOREX and CRYRTO Brokerage business. 

B2TRADER

Header | Products new 2024-10-08

Technology

Offer your clients a premium trading experience with cTrader White Label – a full-featured brokerage infrastructure.

Enables top-tier service aligned with the Traders First™ philosophy. This platform provides a reliable, transparent trading experience that traders trust.

Multi-market and Multi-asset ultimate trading platform to run your FOREX and CRYRTO Brokerage business.

Compare top trading platforms side-by-side and choose the right solutions that fit your needs.

WL Platforms

Header | WhiteLabel new 2024-10-08

WhiteLabel

Launch a custom crypto exchange in under a month with our turnkey solution: high-throughput, secure, user-friendly.

Own an FX brokerage with our turnkey solution: reliable technology, 24/7 support, and back-office tools

Enter the digital asset market with our crypto broker software. Save costs, time, and effort.

Start Your Liquidity Provider business with our Turnkey Solution

Turnkey Solutions

Prop Trading solutions

Header | Solutions new_2024-10-08

Solutions

MT5* server setup and installation made easy with our solutions to focus on your CFD and Forex business

Focus on your CFD and Forex business while we optimise your MT4* server configuration and maintenance.

Our expert team will streamline your cTrader server setup while you focus on your brokerage business.

We will help you optimise your OneZero connectivity and configuration to streamline your brokerage smoothly

Prime XM setup, maintenance, and optimization services with expert support.

Trading Platform Server services

Header | Services new 2024-10-08

Services

Media

Header | Explore new 2024-10-08

Blog

With multi-year industry experience, we are dedicated to offering innovative solutions and optimised customer service.

Join our diverse team and explore broad job opportunities, internships and career development resources.

We partner with tier-1 tech unicorns and development companies to fuel our innovative brokerage solutions.

Join our agency partnership, earn commissions by introducing clients, attend events, and expand your network

Company

Header | Company new Company 2024-10-08

Discover how B2COPY empowers brokers and traders with advanced copy trading, PAMM, and MAM solutions in one user-friendly platform.

What if your brokerage could unlock new revenue streams and increase trader engagement—all without overhauling your existing infrastructure? The answer isn’t in chasing new markets or reinventing your business model. It’s in giving traders what they actually want: seamless, automated, and profitable trading experiences.

That’s exactly what B2COPY delivers. In a market where 

, this next-generation platform empowers brokers to offer advanced copy trading software, social trading tools, and money management solutions in a single, high-performance ecosystem.

In this article, we’ll explore how B2COPY works, its unique advantages, and why it’s the preferred solution for forward-thinking brokerages worldwide.

B2COPY is a money management platform engineered to meet the diverse needs of today’s global brokerage landscape. Developed by B2BBROKER, a liquidity and fintech solutions provider, B2COPY combines three major investment and social trading models under one umbrella:

By blending these services, B2COPY enables brokers to cater to both retail and institutional traders without the complexity of integrating multiple software solutions. This money management platform makes it straightforward for brokers to roll out social trading, offer profitable strategies, and manage large volumes of transactions at scale.

The Three Models: Copy Trading, PAMM, and MAM

B2COPY’s biggest strengths are its united copy trading, PAMM, and MAM experience. Each model caters to a different set of trader or investor profiles, delivering the ultimate flexibility in money management.

 where investors replicate the trades of master traders in real time. This approach is ideal for beginners or less experienced traders who want to follow seasoned professionals. In B2COPY, investors can:

This streamlined setup allows novice or busy investors to benefit from market expertise without active portfolio management. B2COPY also integrates social trading software elements like user profiles, custom nicknames, and direct performance links, which make the overall experience better.

 is a well-known money management model in which investors pool their funds into a single master account, and a professional trader (the “PAMM Master”) executes trades on behalf of the group. Profits and losses are then distributed proportionally to each investor's share of the fund.

B2COPY PAMM stands out because it streamlines:

With B2COPY’s upgraded money management platform, large-scale wealth managers and hedge funds can set up custom investment programs, attract multiple investors, and precisely track each investor’s stake.

 gives professional traders or institutions broader control over individual investor accounts. It resembles a “one-to-many” model, where each investor retains a separate trading account, but all trades and risk parameters are managed centrally by the master. 

By supporting both PAMM and MAM, B2COPY delivers an unrivaled variety of professional money management solutions, making it easier for brokers to satisfy all kinds of market participants.

As a copy trading app, B2COPY packs significant advantages that elevate it beyond typical social trading tools:

B2COPY is designed to handle over 1,500 trades per second, enabling large-scale brokers to accommodate thousands of investors on a single master account. Execution speed is critical in social trading—when time is money, every millisecond counts.

With a capacity to connect 5,000+ investors to a single master and more than 1,000 to a PAMM master, B2COPY demonstrates the infrastructure to grow alongside your brokerage.

From performance and management fees to subscription and trade fees, B2COPY supports six types of charges to suit diverse strategies. Masters can combine them or pick one to create a monetisation model that perfectly reflects their service.

Master traders can personalise their profiles, set minimum deposit requirements, enable password-protected access, and use promo or subscription codes. This high level of customisation fosters a unique brand identity and can support exclusive or VIP strategies.

The platform showcases comprehensive performance statistics for each master, including up to 29 metrics such as average profit/loss, drawdown, win ratio, and advanced ratios like Sharpe and Sortino, giving investors the tools to make data-driven decisions.

Thanks to a modernised UX/UI, B2COPY walks new users through complex processes in simplified steps, reducing friction. This ensures a wider user adoption and better platform retention rates.

Seamless integration with MetaTrader 4 (MT4), MetaTrader 5 (MT5), 

, B2BROKER’s mult-asset trading platform, ensures that you can connect copy trading, PAMM, and MAM features across multiple server environments.

Powerful Features for Brokers and Traders

B2COPY goes beyond standard social trading by giving brokers a toolkit that extends far beyond simple trade mirroring. Each feature is designed to enhance revenue opportunities, optimise user management, and boost investor confidence.

B2COPY includes a built-in leaderboard—a ranking of master traders based on performance scores. These scores are computed using multiple parameters like profitability, risk, and consistency. The higher the score, the more reliable and consistent the master’s trading results tend to be. This transparency attracts new investors who appreciate a clear, data-centric way to choose a strategy.

A suite of social trading tools lets brokers embed B2COPY’s leaderboard, live statistics, and promotional widgets directly on their website. These widgets update in real time, showcasing top-performing traders and fostering social proof. As a white-label solution, you can also apply your branding, domain, and color schemes for seamless user experiences.

Automatic Fee Distribution and IB Integration

B2COPY’s advanced fee engine covers everything from performance and subscription fees to volume-based and joining fees, accommodating up to six different commission types in total. As trades close and accounts rebalance, the system automatically calculates payouts—whether it’s a fixed monthly subscription or a percentage of trading profits. 

 module that splits earned commissions between the master and referral partners, giving them powerful incentives to promote specific strategies.

B2COPY includes built-in promotional mechanisms like promo codes—which can be used to create special offers, bonus incentives, or subscription discounts—thereby turning your platform into a dynamic marketing engine. Brokers and master traders alike can utilise these codes to draw in new subscribers, sweeten deals for existing clients, or run limited-time campaigns.

B2COPY prioritises flexibility and privacy, allowing brokers to precisely manage how investors gain access to different strategies.

This ensures that brokers maintain control over who has access to each strategy, preventing potential conflicts or overexposure.

B2COPY seamlessly integrates trading robots (Expert Advisors, scripts, and custom algorithmic strategies) on master accounts for automated 24/7 signal generation. By embedding EAs or proprietary bots into the B2COPY master accounts, brokers can offer hands-free, around-the-clock strategies to attract algorithmic traders and passive investors.

Beyond secure subscription controls, B2COPY offers a rich set of risk mitigation features that safeguard both masters and investors. For instance, brokers can configure drawdown limits on master accounts or impose specific stop-out levels for subscribers. If losses reach a predefined threshold, the system automatically pauses or terminates the strategy to protect user funds.

Implementing B2COPY within your brokerage requires minimal effort, especially if you already run popular trading terminals like MT4, MT5, or cTrader. Here’s an overview:

B2COPY is a complete money management solution designed to help brokers, master traders, and investors thrive in today’s fast-paced trading environment. With its powerful copy trading software, PAMM and MAM features, the platform offers unparalleled flexibility, automation, and scalability.

Whether you’re a broker looking to expand your offerings or a trader seeking a proven strategy to follow, B2COPY provides the social trading tools needed to stay ahead of the competition. 

Ready to elevate your brokerage? Try B2COPY today!

What makes B2COPY different from other copy trading software?

Who can benefit from B2COPY PAMM and B2COPY MAM?

Can B2COPY be integrated with my current brokerage platform?

How do I get started with B2COPY?

What is B2COPY, and How Does it Work?

Alexander Shishkanov has several years of experience in the crypto and fintech industry and is passionate about exploring blockchain technology. Alexander writes on topics such as cryptocurrency, fintech solutions, trading strategies, blockchain development and more. His mission is to educate individuals about how this new technology can be used to create secure, efficient and transparent financial systems.

Alexander Shishkanov has several years of experience in the crypto and fintech industry and is passionate about exploring blockchain technology. 

Alexander Shishkanov

What is a stock split? Learn how it works, its major types, the process, and the significant effects stock splits may have for market participants.

Stock prices can sometimes reach levels that seem out of reach — much like high-end luxury goods. To counter this, institutions use a stock split, a strategic move that adjusts the distribution of shares while gradually lowering their price. This approach improves 

, broadens investor access, and boosts market participation — all while keeping the firm's overall market cap unchanged.

This guide breaks down the stock split process, its benefits, and their major types, helping you discern how business firms use this powerful financial strategy to optimise their stock’s valuation and investor appeal.

A stock split is a corporate restructuring event in which a firm strengthens its current share count by issuing spare shares to former holders. This is achieved by subdividing each share into multiple units while preserving the firm's total market size.

Despite the higher share count, the per-share price adjusts downward proportionally, ensuring that an investor’s 

 remains unchanged. Stock splits are typically executed in predefined ratios, such as 2-for-1, 3-for-1, or 5-for-1, depending on the business's strategic objectives, such as enhancing liquidity, broadening investor accessibility, or establishing an accurate trading range.

By splitting the stock, establishments cut down the share value, making it effortless for a broader range of stockholders to participate in the market. This expanded liquidity often leads to higher trading turnover and can occasionally spike investor disposition.

Despite the change in share count and price per share, a stock split might not bear upon the firm's market revenue or inherent value. If a firm were worth $1 billion before a 2-for-1 stock split, it would still be worth $1 billion afterwards, but with twice as many shares at half the original price.

Stock splits are generally seen as a sign of strong firm profitability. Many successful enterprises, such as Apple, Tesla, and Amazon, have conducted stock splits after sustained periods of stock price growth. While a split does not immediately modify a firm's profitability, it often signals management's confidence in continued maturation, possibly drawing in more new buyers.

 in history was Coca-Cola’s 4,000-for-1 split in 1927, showing how even legendary brands use this strategy to manage share prices effectively.

A stock split is a statutory decision where a firm elevates the range of issued shares by splitting existing shares into extra shares, reducing the price per share while maintaining the total market worth. There are distinct variants of stock splits, each serving a specific purpose depending on the firm’s objectives. 

A forward stock split augments the value of circulating shares by issuing supplementary shares to existing stockholders. This action is often taken when a stock's price becomes too high, making it less appealing to retail traders. As was mentioned before, common split ratios include 2-for-1, 3-for-1, or 5-for-1, meaning each shareholder receives spare shares in reference to their existing holdings.

For example, in a 2-for-1 split, an investor who owned 100 shares before the split would own 200 shares afterwards, while the price per share would adjust downward accordingly. A stock traded at $200 before the split would trade at $100 afterward.

Firms use forward stock splits to enhance liquidity, attract more retail clients, and maintain an optimal trading range. A prime example is Apple Inc.'s 4-for-1 stock split in August 2020. Before the split, Apple's shares were priced at approximately $500 each; after the split, they were adjusted to $125, allowing for broader market engagement.

A reverse stock split is the opposite of a forward split, reducing the value of stocks being traded by merging multiple shares into one. This action results in a higher share price, often taken to prevent delisting from stock exchanges or improve investor perception.

In a 1-for-5 reverse split, every five shares are consolidated into one, meaning an investor who held 500 shares ought to now be holding 100. If the pre-split price was $2 per share, the adjusted price would be $10.

Firms implement reverse splits to maintain compliance with stock exchange requirements and appeal to institutional stakeholders who prefer higher-priced stocks. General Electric (GE) executed a 1-for-8 reverse stock split in 2021, altering its share price from approximately $13 to $104, reinforcing its stability and positioning within the market.

A stock dividend split is a variation of a forward split where some extra shares are issued to stockholders in the form of a dividend rather than a direct stock split. Instead of simply multiplying the share count, stockholders receive a fixed percentage of new shares. 

For instance, a 50% stock dividend means a shareholder with 100 shares would receive an extra 50, bringing their total to 150. The stock price is adjusted accordingly to maintain the firm's overall valuation.

Unlike cash dividends, stock dividends do not deplete a firm's reserves, making them an attractive tool for rewarding participants while preserving financial stability. Tesla's 5-for-1 stock dividend split in 2020 exemplifies this approach, as stockholders saw their holdings quintuple without a direct cash payout.

A fractional stock split results in a portion of a share being distributed to shareholders rather than a whole number. For instance, in a 3-for-2 split, an investor receives an additional 1.5 shares for every 2 shares owned. An investor with 200 shares before the split would own 300 afterward. If the brokerage does not support fractional shares, share owners typically receive a cash equivalent.

Fractional stock splits are helpful for fine-tuning stock price adjustments while ensuring equitable allocation. Manufacturers like McDonald's have historically 

, such as a 3-for-2 split, where stockholders received an extra half-share per share owned, allowing for gradual price reductions without excessive dilution.

A unique stock split is caused when a venture chooses an unconventional split ratio for strategic purposes. Unlike standard stock splits, which follow typical ratios like 2-for-1 or 3-for-1, notable splits can be 7-for-1, 9-for-2, or even more unusual structures. These splits are often designed to balance liquidity with exclusivity or respond to unique market conditions.

 is a prime example of a unique stock split. Prior to it, Amazon's shares were trading above $2,000 per share, making them less valuable to individual stockholders. The post-split price adjusted to approximately $100 per share, significantly broadening its appeal while maintaining its strong market capitalisation.

Stock splits are executed for various strategic reasons to enhance market perception, improve liquidity, and make shares more useful to stockholders. Industries that have experienced substantial price appreciation regularly consider a stock split to guarantee an advantageous trading range.

Here are the primary reasons why corporations conduct stock splits:

Rising Liquidity and Market Participation

A significant reason for a stock split is to enhance the stock's liquidity. When a firm's stock price rises significantly, fewer shareholders may be able to afford whole shares, reducing market participation. 

The firm lowers the share price by splitting the stock, allowing more retail holders to buy and trade shares. Enhanced liquidity makes transactions easier and can reduce bid-ask spreads, leading to a more efficient market.

Make Shares More Affordable for Retail Shareholders

High stock prices can deter small and retail stockholders who may not have the capital to buy full shares. A stock split effectively reduces the price per share, making it more appealing to a broader range of contributors. Although many brokers now offer fractional shares, traditional holders prefer whole shares, and a lower price encourages participation.

Enterprises prefer to keep their stock price within a certain trading range that appeals to many stockholders. Historically, stocks between $50 and $300 are considered optimal for balancing disposal and perceived value. When stock prices exceed this range, some investors might find them too expensive, prompting the firm to execute a split to bring them back into the preferred range.

Enhance Market Perception and Attract New shareholders

A stock split can create a psychological effect where shareholders perceive the stock as more attractive due to its lower price, leading to greater demand. While the firm's value remains unchanged, the wider availability of shares can draw in new stockholders who previously found the stock unattainable.

 Signal Credibility in Profitability and Stability

Ventures that perform stock splits are often seen as strong, growing businesses with confidence in their future prospects. A stock split usually occurs after sustained stock price appreciation, reinforcing that the firm expects continued growth and success.

 (ESPPs) or stock-based compensation. When stock prices become too high, it may become difficult for employees to purchase shares or take advantage of these plans. A split makes shares more attainable, encouraging broader employee participation in stock ownership programs and aligning their interests with the firm's long-term success.

A lower share price following a stock split can expand trading volume as more stockholders engage with the stock. Higher trading volume generally means better price discovery, lower volatility, and a more active market, which benefits both the firm and shareholders.

Some stock market indices have rules regarding stock price levels for inclusion. Businesses aiming to be part of a significant index or stay within one may split their stock to ensure compliance with price thresholds, ensuring continued exposure and investment by 

Stock splits impact shareholders in several ways, influencing aspects such as shareholding structure, market awareness, liquidity, and overall portfolio value. While a stock split does not alter the basic value of an investment, it does have key implications that shareholders should consider.

When a stock's price becomes too high, fewer shares may be traded daily because individual shareholders may be unable to afford large transactions. Thus, reduced trading volume can lead to wider 

, making it harder for stockholders to execute trades efficiently.

A stock split augments the percentage of existing shares while decreasing the price per share, making transactions smoother and more frequent. Enhanced liquidity helps 

 provide better spreads and reduces price volatility, ensuring that institutional and retail shareholders can buy and sell shares with minimal impact on price movements.

Retail stockholders play a crucial role in the stock market, but may avoid stocks with prohibitively high prices. Even though some brokerages offer fractional shares, many shareholders prefer to buy whole shares. A stock split lowers the per-share price, making it more reasonable for a larger group of shareholders.

By expanding the potential investor base, institutions can drive higher demand for their stock, changing the magnitude of general trading activity. More participation from retail shareholders can also contribute to price appreciation over time as more buyers enter the market.

Psychological Evaluation of Affordability

Stock prices are often influenced by investor psychology. Even though the practical value of a firm stands unchanged after a stock split, many stockholders perceive lower-priced stocks as more practical and attractive. This psychological effect can trigger buying interest, drive demand, and influence the stock's yield.

Shareholders may also associate stock splits with strong corporate revenues, as establishments with high-performing stocks often split their shares after substantial appreciation. This perceived affordability can create positive sentiment, leading to further stock accumulation by retail and institutional shareholders.

Companies often compare their stock price with competitors within their industry. If a firm's stock price becomes significantly higher than similar firms, it may appear overvalued or less accessible to shareholders. This could discourage new investments and reduce trading volume.

Firms may execute stock splits to keep their share price within a comparable range to peers and stay competitive. This ensures that their stock remains attractive in relative terms, preventing investor preferences from shifting toward competitors with more "affordable" shares.

Stock splits are often seen as a bullish indicator by stockholders. When a business proclaims a stock split, it signals that management expects continued success and growth in the long term. Firms typically split their stock only after substantial price appreciation, reinforcing confidence in the firm's future results.

Since stock splits frequently coincide with periods of strong financial results, revenue surges, and expanded market share, they serve as a positive signal to stockholders. Many firms that perform stock splits experience a short-term rally due to improved investor enthusiasm.

Facilitate Employee Stock Ownership Plans (ESOPs)

Many bodies offer stock-based compensation to employees through stock options, 

 (RSUs), or Employee Stock Ownership Plans (ESOPs). When a firm's stock price becomes too high, it may discourage employees from exercising their stock options or investing in its shares.

By implementing a stock split, institutions make it easier for employees to acquire and trade firm stock. Lower security prices bump up the percentage of equity that employees receive in their stock-based compensation packages, creating a stronger alignment between employees' interests and the firm's effectiveness.

Stock restructuring can help entities correct their stock price to align with the requirements of major stock indices. Some indices, such as the Dow Jones Industrial Average (DJIA), are price-weighted, meaning that higher-priced stocks disproportionately impact the index's movements.

If a stock's price rises too high relative to other index components, it can create imbalances. A stock split can bring the price back to a level that ensures a fair weighting within the index. This prevents excessive influence on the index and maintains market stability.

For firms included in the S&P 500 or Nasdaq-100, stock splits may help maintain liquidity and eligibility for funds that track these indices. 

, may adjust their holdings based on stock price movements, making splits a strategic decision to maintain their presence in key indices.

Prevent Market Volatility and Speculation

High stock prices can reduce trading volume, resulting in larger price swings and heightened volatility. Low liquidity makes manipulating prices easier for large shareholders, leading to sudden and unpredictable fluctuations.

By splitting shares, companies reduce the price per share and increase the range of available shares, promoting more stable price movements. The increased availability of shares allows for a smoother 

, reducing the likelihood of sharp price jumps or sudden drops caused by large trades.

Many studies have discovered that corporations that split their respective stocks regularly tend to outrank the market in the tailing months and years. While stock splits do not directly impact a firm's valuation, they often coincide with strong business principles, revenue development, and positive investor sentiment.

Historical data suggests that firms that split their stocks multiple times have demonstrated consistent long-term growth. As a result, shareholders often interpret stock splits as a sign of stability and expansion.

It is worthwhile to acknowledge that stock splits do not disrupt a firm's financial principles. A stock split merely adjusts the proportion of securities currently owned and the per-share price without affecting total market cap, revenue, earnings, or other financial ratios.

The increase in demand for a stock after a split can lead to a temporary rise in price, even though the split itself doesn't alter the underlying value. This is because stock splits likely bolster liquidity and create a sense of simplicity, both of which can pull in more buyers. While this effect may be short-lived, it demonstrates the significant implications market behavior can have on stock trading engagement

Stock splits are more than just a numbers game — they shape how stockholders perceive a firm and power market trends. While they don’t change a firm's initial value, they can enhance liquidity, attract new share owners, and signal optimism in growth.

Whether you're looking to invest in a firm planning a stock split or just curious about how these financial manoeuvres work, realising their effects can help you make smarter investment decisions. Keep an eye on major 

, Tesla, and Amazon, as their stock splits often create exciting opportunities in the market.

What is reverse stock split, and how does it concern buyers?

How does the stock split process work?

What are the main advantages of a stock split?

Did NVIDIA have a stock split?

What is a Stock Split, and How Does it Work?

As a hard-working, goal-oriented, and well-rounded person, I always strive to do quality work for every job I do. Faced with challenging tasks in life, I have developed the habit of thinking rationally and creatively to solve problems, which not only helps me develop as a person, but also as a professional.

Speaking about my professional activities, I can say that I have always been attracted to the study of foreign languages, which later led me to the study of translation and linguistics. Having great experience as a translator in Russian, English and Spanish, as well as good knowledge in marketing and economy, I successfully mastered the art of copywriting, which became a solid foundation for writing articles in the spheres of Fintech, Financial markets and crypto.

Constantine Belov

If you're into cryptocurrencies, a new payment card with Mastercard support has just debuted, allowing you to spend the value of your crypto without really selling it. According to Reuters, the card was produced through a collaboration between Mastercard and Nexo, a digital financial lending firm.

If you’re into cryptocurrencies, a new payment card with Mastercard support has just debuted, allowing you to spend the value of your crypto without really selling it. According to Reuters, the card was produced through a collaboration between Mastercard and Nexo, a digital financial lending firm. The Nexo Card bills itself as the world’s first “crypto-backed” payment card. Although a real Nexo Card is available, a virtual card could be activated instantly by attaching it to an Apple Pay or Google Pay account. You may use the card to pay for products just like a traditional credit card, with your available crypto serving as collateral. It will be accepted anywhere Mastercard is accepted. The card does not have any monthly, yearly, or inactivity fees, and ATM withdrawals are free. An interest rate is tied to the credit you’re using, but the rate is set by Nexo’s “Loyalty tier.” There is also no minimum monthly payment required, and repayments are made through the Nexo app using the cryptocurrency you have, whether it is Bitcoin, Ethereum, Tether, Dai or any other supported currency.