Interactive Brokers (Intel) news

Crypto is Going Mainstream: Learn How to Launch it in Your Own Product

The largest institutions in the world now offer crypto products and capabilities to their customers, demonstrating that crypto is no longer a fleeting trend, but a mainstay in the global economy. Our Enterprise Handbook for Launching Crypto breaks down how financial services firms have integrated and launched crypto products, documenting the recent rise in crypto adoption, what to consider when building a crypto product offering and how to bring crypto to market. PayPal and Venmo each made crypto available to their 350 million users. SoFi, Cash App, Interactive Brokers, Visa and Mastercard have followed suit. Mercado Libre, Latin America’s largest e-commerce company, allows customers to send and receive money with payments made using Pax Dollar (USDP), a stablecoin pegged to the US dollar. Paxos’ recent Cryptocurrency Adoption and Purchasing Behavior Survey found additional evidence that crypto is moving towards mainstream adoption with more than 40% of crypto owners surveyed purchasing their first digital asset in 2021. In fact, more than 60% of crypto owners surveyed would prefer to get crypto from their primary banking app, if it were offered, showing an unprecedented, untapped opportunity for financial institutions to become a part of the crypto ecosystem. As the world continues to see increased adoption of (and interest in) crypto by mainstream consumers, more companies will look to incorporate crypto into their user experience to drive engagement, add a new revenue stream and attract new users to their platform. The only problem? Crypto is still a very new concept and many companies aren’t sure where to start when it comes to adding crypto to their product roadmap. With experience launching crypto for the largest financial leaders in the world, the team at Paxos created The Enterprise Handbook for Launching Crypto. Our eBook details three key areas that industry leaders need to know as crypto continues to come up in strategic discussions: The evolution of crypto, key players and top-line growth metrics. Four areas to consider when developing your own crypto solution. Tips on how to create your go-to-market strategy for your crypto offering. Learn the best practices created by the team that powers the crypto for PayPal, Mercado Libre, Interactive Brokers and more. [Download Your Copy Today] PAX Gold (PAXG) is Paxos token pegged to gold. Buy and trade PAXG at Bitget now! By Emma Tupa This article was first published on Paxos.com on May 16, 2022 and has been edited for the Bitget audience.

Paxos Powers the Largest Digital Bank in Brazil to Expand Crypto Market Access to More than 50 Million Users

By Walter Hessert (Paxos) | Edited by Saulo Alencastre (Bitget) This article was first published on Paxos.com on May 11, 2022 and has been edited on June 7, 2022, for the Bitget audience. Mainstream adoption of digital assets in Latin America continues to accelerate with Brazilian fintechs leading the way. Brazil-based Nubank – one of the world’s largest digital banking platforms – announced in May it now offers crypto buying, holding and selling capabilities powered by Paxos. We’re thrilled that now another 50 million Brazilians have seamless access to Bitcoin and Ethereum through the Nubank platform. The move into crypto represents a strategic move for the company and will further accelerate adoption in the region. By adding crypto, they create trusted access to this new system and fast growing asset class. Paxos infrastructure ensures customer assets are safeguarded by the leading regulated Trust for digital assets globally. By providing blockchain infrastructure for PayPal, Interactive Brokers, Mercado Libre, Mastercard and now Nubank, Paxos already powers half a billion end user crypto wallets. We’re fueling the adoption of crypto by working with trusted brands and platforms upon which consumers already rely. Today, more people have access to a fast, safe and transparent banking system that was previously out of reach. We’re proud to bring hundreds of millions of people closer to a more inclusive financial system. This is great news for the crypto community altogether. Bitget offers some more sophisticated crypto trading products that appeal to both advanced and beginning traders: Futures with margin in USDT, USDC and margin in cryptocurrencies such as BTC, ETH and XRP, Spot trading with more than 300 coins and tokens, Copy Trade, Launchpad, Grid Trading and many more. Copy Trade allows for beginners to learn by following professional traders and anyone to profit from the crypto markets without operating directly. The Launchpad opens opportunities to join potential high-quality projects in their initial stages, and Grid Trading simplifies automation of strategic trading. At Bitget, you can trade PAX Gold (PAXG), Paxos token pegged to gold. This crypto asset that follows gold price is the easiest and quickest way to trade gold, an essential asset in every investor's portfolio, especially for hedging in times of political turbulence. It amazingly allows you to own gold in the crypto space.Buy and trade PAXG at Bitget now!