Nexo Card: Crypto-Backed Payment Card Powered by Mastercard
Exciting news for crypto enthusiasts! Nexo has partnered with Mastercard and the peer-to-peer payment startup DiPocket to launch the Nexo Card, a revolutionary new way to spend your digital assets. This innovative crypto card allows cardholders to use their crypto without selling it, unlocking its value for everyday purchases.
Nexo, Mastercard, and DiPocket: A Powerful Partnership
Crypto lending platform Nexo launches crypto-backed credit cards with Mastercard and DiPocket, bringing the power of cryptocurrency to a global audience. This collaboration allows users to access the value of their crypto assets in a convenient and seamless manner.
Spend Crypto Without Selling: The Nexo Card Advantage
Imagine being able to spend at more than 92 million merchants without having to convert your crypto into fiat currency. The Nexo Card makes this a reality. Simply use your card like a regular credit card and your crypto assets are used as collateral. This avoids taxable events associated with selling crypto.
World's First Crypto-Backed Payment Card
Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the world's first crypto-backed payment card. This groundbreaking development positions Nexo as a leader in the evolving landscape of digital finance, paving the way for wider adoption of cryptocurrency in everyday transactions.
Benefits of the Nexo Card
- Use your crypto as collateral without selling
- Spend at over 92 million Mastercard merchants worldwide
- Avoid taxable events associated with crypto sales
- Convenient and easy to use like a traditional credit card
The Nexo Card represents a significant step forward in bridging the gap between the traditional financial world and the rapidly expanding world of cryptocurrency. Explore the possibilities and unlock the potential of your crypto assets with the Nexo Card powered by Mastercard and DiPocket.