What is Amazon?
Amazon is the world’s leading e-commerce company. It offers online retail, consumer electronics, computing, digital content and other services, including daily products and groceries. According to the recent estimates, Amazon is the number 1 e-commerce retailer in the US with $280.5 billion in net sales in 2019.
The major part of the company’s revenue comes from e-retail sales of electronics and other products, followed by AWS activities, subscription services and third-party seller revenues. According to Amazon’s global reach and the market capitalisation of $950.314 billion, the company is considered one of the most valuable brands worldwide.
The online retail giant has also conquered mobile commerce with Amazon Mobile as one of the most widely used retail apps in the US. Amazon Prime service offers an annually paid membership with shipping discounts and instant streaming of TV shows and selected movies. Amazon Prime Video became the most popular value-added service, followed by e-book rentals and music. At the beginning of 2020, Amazon has reported more than 150 million Prime subscribers.
How to invest in Amazon stocks
You have several options when trading in the stock market. Firstly, you can buy shares in companies on the exchanges where they are listed. For instance, you can invest in AMZN shares on the NASDAQ stock exchange, so you actually own a share in the company. This can be considered a long-term investment, as the trader is usually waiting for the price to rise over time.
Alternatively, you can trade a tokenised version of a particular stock, and speculate on the price difference of the underlying asset, without actually owning the asset. Tokenised assets mirror the price movement of an underlying, real asset like AMZN share, and provide the same chances for profit as traditional assets.
A tokenised security is a blockchain-powered tradable financial asset, which meets all the regulatory requirements of the country it is born in. The best thing here is that tokenised assets allow you to trade and profit from the underlying market price of traditional assets using your crypto holdings. You no longer have to exchange them to fiat.
If you choose to invest in Amazon stock through tokenised assets, you can follow the tokenised Amazon shares price live in US dollars with the comprehensive AMZN share price chart on Currency.com. This gives you plenty of time to monitor the company’s activity and keep an eye out for any events that may affect short-term fluctuations in the Amazon shares price.
You can either hold a long position (speculating that the price will rise) or a short position (speculating that the price will fall). This is considered a short-term investment. The key difference between trading a long position with a tokenised security and actually buying a security is the leverage that is employed. Tokenised assets are traded on margin, which means that a trader can open larger positions with their capital.
Tokenised Amazon stock trading guide
As with other forms of online trading, the actual process is simpler than it sounds. Trading tokenised Amazon shares at Currency.com is just like trading any other cryptocurrency or traditional asset on a digital exchange. You can choose to buy or to sell. It incurs the same profit and loss opportunities – and risks – as any other form of trading.
Here’s a brief four-step guide showing you the simplest way to execute a trade in Amazon below:
Step 1. Traders come in with crypto or fiat
Step 2. They buy tokenised assets
Trading can be leveraged 1-100
Step 3. Currency.com matches their orders with other clients' orders or hedges them through Capital.com, LMAX Digital and other exchanges like Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital
Step 4. Traders sell tokenised assets and withdraw crypto or fiat
Why trade tokenised Amazon shares with Currency.com
Amazon stock trading at Currency.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 Amazon shares with Bitcoin or Ethereum. Benefit from the stock’s price movements without turning your crypto assets into fiat.
Trade tokenised AMZN stocks with a tight market spread, benefit from maker rebates and competitive taker fees.
Experienced traders can trade the world’s top markets, like Amazon, with up to 1:100 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.
Currency.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.
Amazon stock price history
Founded by Jeff Bezos in 1994 as an online bookstore, Amazon has grown in leaps and bounds since its inception. With a head office in Seattle, Washington and offices in over 30 countries around the world, the powerhouse that is Amazon has been ahead of the game for a long time in its market. Over the years many people have profited from investing in the rising share price and continued growth of Amazon.
According to the latest Amazon earnings report, its fourth-quarter 2019 earnings beat Wall Street estimates, driving the AMZN stock up more than 11 percent. The positive results prove that the company’s heavy investment over the past year is paying off with a revenue growth of 21 percent year over year.
The Amazon share price reached its all-time high of $2,170.22 on February 19,2020. Stay tuned to the latest stock news, which can drive AMZN price both ways.
Trade tokenised Amazon shares at Currency.com.