What is Visa Inc?
Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California. The company traces its roots to 1958 when the Bank of America launched the first consumer credit card programme. Initially offered to upper middle-class customers of the bank within the US, the company expanded internationally in 1974. The company went public in 2008, in what was the largest IPO in history at the time. Today, the company operates in many countries and functions across all modern devices such as tablets, mobile phones and online checkouts.
Visa Inc. does not issue cards, extend credit, or set the rates and fees for consumers but provides branded instruments for financial institutions and maintains its vast network of accepting merchants. The company makes the majority of its revenue from three main streams: data processing; international transactions; and financial services. This low-cost business model allows for impressive operational and income margins. Visa Inc. has continued to expand into online transactions and started offering Visa Checkout in 2014. Due to the dominance of domestic Chinese companies, Visa is still the widest reaching payment provider globally.
Performance of Visa stock price
The Visa share price debuted at $44 on March 19, 2008 in what was the largest IPO in history at the time. The Visa share price jumped more than 28 per cent on its initial day, closing at $56.50. After a banner year in 2019, Visa experienced a significant drop in mid to late March in the stock market crash caused by the coronavirus. The Visa share price has been able to rebound relatively quickly due to its significant presence in the online shopping landscape.
The Visa share price has traded within the 52-week range of $133.93-$217.35 with a market cap just in excess of $386bn (£297bn, €328bn) in late 2020. Visa stock trading has an average volume of just fewer than eight million shares per day.
How to invest in Visa stock
Visa stock trading occurs on the New York Stock Exchange. Those looking to invest in Visa stock can purchase them directly through the exchange, via a broker, or indirectly through an index which includes V. Traders are also able to purchase derivatives based on V shares such as CFDs or options.
Traders looking to invest in Visa stock by using the Dzengi.com tokenised platform are able to profit from upward or downward movements in the Visa share price without having to invest directly. Tokenised assets are crypto derivatives whose value is linked to the value of a particular asset, in this case the Visa share price. The token is registered using distributed ledger technology (DLT) the same way cryptocurrency is recorded. This technology allows for trading using crypto without the need of converting back and forth with fiat currency, saving exchange fees. The utilisation of this technology allows for tokenised asset trading to be efficient, inexpensive and secure.
When trading tokenised assets based on the Visa stock price you can take a long or short position depending on whether you feel the price today is over or under-valued based on the price chart. If you think the Visa stock price will decrease you can take a short position; if you think it will increase you can take a long position. Trading in tokenised assets on Dzengi.com also allows for traders to benefit from the leverage offered on the platform, up to 1:500.
Why trade Visa stock with Dzengi.com
Trading tokenised Visa shares at Dzengi.com tokenised assets exchange has a number of advantages. Tokenised assets 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 Visa shares with Bitcoin or Ether. Benefit from the stock’s price movements without exchanging your crypto assets into fiat.
- Tight spreads
Trade tokenised stocks with a tight market spread; benefit from maker rebates and competitive taker fees.
- Leverage
Experienced traders can trade the world’s top stocks, like V, with up to 1:500 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.
- Instant order execution
We have a scalable and low latency order management system, which can execute 50 million trades per second.
- Safe regulation
Dzengi.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.
Tokenised shares trading guide
Trading tokenised Visa shares is no more difficult than regular stock. To begin trading tokenised assets, you will need to follow a few simple steps:
- 1. Register for an account with Dzengi.com.
- 2. Deposit funds (with crypto or fiat) in the account.
- 3. Determine the position size desired, accounting for the leverage offered by Dzengi.com.
- 4. Determine your trading position (long or short) based on expected price movement and purchase tokenised Visa shares. Dzengi.com matches the long orders from its clients with the sell orders and then hedges the unmatched orders through Capital.com or LMAX Digital, or exchanges such as Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
- 5. Close your position when applicable. You can set a take-profit or stop-loss indicator to ensure you are not required to constantly monitor the price. Funds will deposit back to your account after closing and you can withdraw or take a new position.