What is Airbnb Inc?
Airbnb was officially launched in 2008 by founders Brian Chesky, Nathan Blecharczyk and Joe Gebbia.
Headquartered in San Francisco, California, the company was named AirBed and Breakfast until 2009, when it changed its name to Airbnb.
An online marketplace for holiday rentals, it connects hosts with rooms to rent and travellers who need short-term accommodation.
The booking services for accommodation offered through the Airbnb website and mobile app are used for solo travel, family holidays and business travel. There are more than five million listings on its marketplace located in 100,000 cities and more than 200 countries and regions. It is estimated that more than four million hosts are present on the Airbnb platform.
Airbnb’s IPO was held in December 2020 and it is available for trading on NASDAQ under the ticker symbol “ABNB”.
Performance of the Airbnb stock price
The Airbnb share price was initially set at $68 (£49) but the opening price on IPO day was $146 (£105), more than double the original price. The Airbnb stock price fluctuated in the interval from $139 (£100) to $149 (£107) on IPO day.
In the days following the IPO, Airbnb share price recorded a decrease of more than 10%, fluctuating down to around $120 (£86), though the price bounced back by more than 35% the following week.
The Airbnb share price chart shows that this asset experiences regular retracements and bounce backs while moving in a broad range with the potential for certain price consolidation.
The daily price chart shows Airbnb stock price could record a pullback as high as 20%. However, smaller fluctuations are more common within a trading session. Airbnb stock price also may go through smaller price gaps from one session to the next. Traders have the opportunity to track the Airbnb share price live on Dzengi.com’s tokenised assets platform and identify potential trading signals.
How to invest in Airbnb stock with tokenised assets
The way in which Airbnb stock value fluctuates from one trading session to another means this security has the potential to offer multiple trading opportunities for traders with the right strategy.
Other than buying Airbnb on the Nasdaq exchange, which has a variety of drawbacks, you can make profitable investments and trades using tokenised assets. It’s worth getting acquainted with how to buy Airbnb stock and how you can benefit from investing in tokenised assets.
Tokenised assets are created using blockchain technology, and they are available for trading on Dzengi.com. The tokenised assets will mimic the price changes of underlying assets, giving traders options to execute trades without buying Airbnb stock.
Traders can profit from changes in the price when they trade tokenised shares. Buying tokenised Airbnb shares is especially advantageous for crypto owners that want to buy Airbnb stock using Bitcoin or Ethereum. Unlike the exchanges, the Dzengi.com tokenised assets platform allows traders to buy tokenised shares directly with crypto, which reduces their transaction and conversion costs.
Tokenised Airbnb shares can be traded with a margin of 5%, which converts into leverage of 1:20. The generous margin provided by Dzengi.com gives traders an opportunity to open larger positions with a smaller amount of capital. For instance, a position of $20,000 (£14,413) can be opened with just $1,000 (£720) when a margin of 5% is applied. By providing a trading margin, Dzengi.com gives traders a chance to increase their potential profits.
The process to open a position with tokenised Airbnb shares is as simple as buying or selling shares on the exchanges. If your analysis points to a possible price rise, then a buy order is opened. When traders expect a decrease in the Airbnb stock price, they will execute a sell order.
Tokenised Airbnb shares trading guide
Although it is based on blockchain technology and smart contracts, the process to buy and sell tokenised assets is simple and can be performed in a couple of easy steps:
- 1. Open an account with Dzengi.com. Don’t forget the platform gives options for traders to register an account as an individual or as a legal entity.
- 2. Deposit fiat money or cryptocurrencies such as Bitcoin or Ethereum into your account.
- 3. Estimate the size of your future positions and the required capital using the available margin.
- 4. Decide on the type of orders you want to place on Dzengi.com depending on the expected price movements of Airbnb shares.
- 5. Dzengi.com connects the buy and sell orders executed on the platform while unlinked orders are hedged through Capital.com, LMAX Digital, or exchanges like Binance, Bitstamp, Kraken, NASDAQ, NYSE, and Gain Capital.
- 6. Trading positions can be closed at any time, either by the trader or by defining a take-profit or stop-loss order. Afterwards, the funds can be used for further trading or they can be withdrawn.
Why trade tokenised ABNB stocks with Dzengi.com?
Trading tokenised ABNB shares on Dzengi.com’s tokenised assets exchange has a number of advantages. Tokens are underpinned by robust and secure 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 ABNB shares with Bitcoin or Ethereum. Benefit from the share price movements without exchanging your crypto assets into fiat.
- Tight spreads
Trade tokenised shares with a tight market spread, benefit from maker rebates and competitive taker fees.
- Leverage
Experienced traders can trade the world's top stocks such as Airbnb 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.
- Instant order execution
Dzengi.com has 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.
