What is Mastercard Inc?
Mastercard Inc. was established in 1966 under the name Interbank Card Association (ICA) by a group of banks. The company changed its name to Mastercard International in 1979, and made another change to MasterCard Worldwide in 2006. Mastercard Inc. is based in Purchase, New York, US, with many offices around the world.
Mastercard Inc. provides payment solutions and transactions processing, authorisation, clearing and settlement services to its clients through its brands - MasterCard, Maestro, and Cirrus. The company's product portfolio consists of consumer credit, consumer debit, information and analytics services, loyalty and rewards programmes.
Services for electronic forms of payment and payment solutions provided by Mastercard are utilised by different categories of customers such as individuals, SMEs, the government, public sector, large enterprises, banks and credit unions. The company's products are widely available in more than 210 countries and territories.
Mastercard’s Initial Public Offering (IPO) was held in 2006. The company is traded on the NYSE under the “‘MA” symbol. Mastercard is included in the S&P 100 index composed of blue-chip companies.
Performance of Mastercard stock price
A characteristic of the Mastercard share price is that it records an overall upward trend since its IPO in 2006. The share price of Mastercard has increased multiple times during the last decade, bringing hundreds of percentage gains to the investors.
The MA stock price recorded a couple of major retracements when it was brought under pressure from the 2020 pandemic and the price fell by nearly 40%. Mastercard share price recovered by more than 80% in the following months. After the recovery, Mastercard stock value grew beyond the pre-pandemic level.
It is evident from the Mastercard share price chart that the price has fluctuated more than 300% during the last couple of years from a level of $90 (£64.55), to a level of around $385 (£276). The daily price chart shows that the MA share price has the capacity to fluctuate even in excess of 10% throughout the trading day. Smaller price changes are more common.
How to buy Mastercard stock with tokenised assets
The tendency of the Mastercard stock price to move in a clearly defined trend makes this stock adequate for trend trading strategies. Instead of direct stock purchase, traders can simplify the trading process with tokenised shares available on the Currency.com tokenised assets platform.
Tokenisation of real-life assets such as stocks and commodities overcomes some of the major drawbacks associated with the direct investment in the underlying assets. The utilisation of blockchain technology and smart contracts enables the creation of tokens that reproduce the MA share price or the price of other assets. The application of innovative technology reduces transaction costs, augments security and speeds up the execution of trades.
Traders can buy Mastercard stock by buying the respective tokens that allow them to benefit from the price movements while excluding direct ownership. Unlike the direct purchase of shares, trading tokenised Mastercard shares can be performed with either fiat money or with crypto. Traders no longer need to convert their Bitcoin or Ether to capture the opportunities created with the movement in Mastercard stock price.
By trading tokenised shares you have the opportunity to increase your potential gains with the leverage of 1:20 (a margin of 5%) provided on the Currency.com platform. For example, a trader that wants to invest $1,000 (£717) in MA shares might potentially make just $100 (£71) even with a 10% movement in the share price. The leverage offered by Currency.com means that traders will enter a position worth $20,000 (£14,345) with the same $1,000 when buying tokenised MA shares. Price change as low as 0.5% in the right direction might bring a gain of $100.
Tokenised Mastercard shares trading guide
Trading tokenised MA shares is no more difficult than regular shares. To begin trading tokenised assets, you will need to follow some simple steps:
- 1. Register an account on Currency.com. Traders can sign up for an account as an individual or as a legal entity.
- 2. Transfer funds to your account using some of the available methods for fiat money or Bitcoin and Ether.
- 3. Determine the size for your next trade while you also account for the leverage offered by Currency.com.
- 4. Based on your identified trade signals, choose your position with the tokenised MA shares.
- 5. Currency.com links long and short orders opened on the platform while unmatched orders are hedged through Capital.com, LMAX Digital, as well as exchanges like Binance, Bitstamp, Kraken, NASDAQ, NYSE, and Gain Capital.
- 6. Traders can close the positions at their discretion either directly or by setting take profit or stop-loss orders. Afterwards, traders may use the funds to open new trades or they can make a withdrawal.
Why trade tokenised MA stocks with Currency.com?
Trading tokenised MA shares at Currency.com tokenised assets exchange has a number of advantages. Tokens are underpinned by robust and immutable blockchain technology. Opening a trade will give you a token that tracks and moves according to the underlying instrument's price.
- One-stop crypto trading platform
Trade tokenised MA shares with Bitcoin or Ethereum. Benefit from the share price movements without exchanging your crypto assets into fiat.
Trade tokenised shares with a tight market spread, benefit from maker rebates and competitive taker fees.
Experienced traders can trade the world's top stocks, such as MA, with up to 1:20 leverage.
- Effective risk management
Manage your risks and secure your profits with stop loss and take profit orders. Save your assets with negative balance protection.
Currency.com has a scalable and low latency order management system, which can execute 50 million trades per second.
Currency.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.