What is Amazon?
Amazon.com, Inc. is a Washington-based e-commerce company that also focuses on digital streaming, cloud computing, and artificial intelligence. It is one of the ‘Big Five’ companies in the US tech industry, next to Apple, Google, Facebook (Meta), and Microsoft.
Founded in 1994 by Jeff Bezos, Amazon was originally a book retailer before expanding into a wider range of consumer goods. Its own-brand products and services have played a pivotal role in ensuring the success of its stock performance in recent years; while its delivery service Amazon Prime saw members double from 100million in Q1 2018 to 200million in Q1 2021, and has a predicted growth of 168.3million users by 2025.
Amazon’s sales saw huge growth during the pandemic due to global lockdowns, with shares valued at $1,785 in the first quarter of 2020 and soaring to $3,300 in Q4 2021. Amazon has acquired many companies over the past decade including Whole Foods, Zoox, IMDB and MGM, and it has also topped the Kantar BrandZ list of the world’s 100 most valuable brands for the past three years. Amazon has continued to perform well with consistent and steady upward trends in their stock valuations and is now the largest internet company by revenue in the world.
Amazon first went public in 1997 through an initial public offering (IPO), and its stock is listed on the Nasdaq Global Select Market.
How to invest in Amazon stocks: tokenised security method and the traditional online method
Invest in Amazon stock with tokenised shares
Tokenised shares allow you to invest in Amazon stock in the form of a digital coin, gaining exposure to Amazon shares without needing to own the underlying asset. At Dzengi.com, a tokenised security allows an individual to invest in fractional stocks that are backed by digital tokens stored on the blockchain. Crypto-holders are no longer required to convert their cryptocurrencies into fiat money to be able to trade Amazon or any other shares because tokenised shares can be bought with cryptocurrencies such as Bitcoin or Ether.
You can speculate on the price movement of Amazon shares through the tokenised assets available on Dzengi.com and receive real-time updates via an Amazon price chart available on your computer, iOS or Android device.
Step 1: visit the Dzengi.com trading platform and open an account by completing the two-factor authentication security process.
Step 2: choose how much you want to deposit into your account. It is possible to trade with either crypto or with fiat currency.
Step 3: calculate the value of the position you want to open, or you can calculate the size of the position based on your available capital and the percentage margin. For example, a position of $10,000 would require that you have $500 of available capital when you trade tokenised Amazon shares 1 : 20 (5%).
Step 4: positions are opened using the same approach in place at other investment platforms - i.e. taking a long position if an Amazon stock price increase is anticipated, or shorting if there is an expected decline in the Amazon share price value.
Step 5: Dzengi.com links the open Amazon stock trading positions between its clients and all unpaired buy or sell orders that are hedged with Capital.com, LMAX Digital or, if needed, with Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
Step 6: you may also consider placing a take profits order or initiate a stop loss order.
The benefits of using tokenised Amazon shares
Trading tokenised shares is a convenient online process with few intermediaries. In the world of traditional financial assets, you generally pay for brokerage services to purchase and sell securities. With Dzengi.com you do not need a broker; you carry out trading operations yourself. You receive regular payments of the interest on company tokens, which is normally every three months but may differ from firm to firm. Early resale on the Dzengi.com platform offers you the opportunity to resell your tokens at a secondary auction.
Tight spreads
Trade tokenised AMZN stocks with a tight market spread, benefit from maker rebates and competitive taker fees.
Leverage
Experienced traders can trade the world’s top markets with up to 1:20 leverage.
Effective risk management
Manage your risks and secure your profits with stop loss and take profit orders and mitigate any losses 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. It is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of traditional financial assets. Powered by simple, slick and intuitive technology, the platform is designed to enable investors to securely buy, trade and invest in popular cryptocurrencies using both crypto and fiat currencies.
Safe regulation
Depending on the regulatory perimeters in different countries, Dzengi.com offers different products around digital assets. To help investors trade with confidence, the platform is fitted with robust risk management controls, transparent pricing and extensive financial education content.
Dzengi Com US LLC is registered with the Financial Crimes Enforcement Network as a Money Services Business. Its parent entity, Dzengi Com Limited is licensed by the Gibraltar Financial Services Commission as a Distributed Ledger Technology (DLT) Provider. The company has offices located in the US, Belarus, Gibraltar and Ukraine.
Amazon stock trading without the blockchain
In order to buy Amazon stock, it is necessary to find a broker that has or can provide access to NASDAQ, the main exchange that the shares are traded on. This is generally considered a longer-term method of investment because Amazon stock price valuations fluctuate daily but generally follow a steady price evolution as time progresses.
Step 1: find a suitable online broker
The broker must have access to the exchanges you want to trade on, meaning the broker must hold AMZN shares that are accessible through NASDAQ. The broker must also be fit for purpose, so it is important to note that not all brokers allow every individual to open an account with them, and where some brokers may charge high fees, others may be free.
Step 2: open a brokerage account
This requires confirmation of your identity and background checks. It is where records of the Amazon shares will be stored.
Step 3: deposit money to your account
The most common way to deposit money into a personal brokerage account is via bank transfer or using a credit or debit card. At some brokers you make a deposit into your investment account from different electronic wallets, like Paypal.
Step 4: buy Amazon shares at the Amazon share price
The last step is to purchase the shares. After logging into your online brokerage account and searching for the Amazon share, select the number of shares you want to buy, and confirm the transaction, which will then initiate the purchase of shares, also known as executing the buy order.
Step 5: review your position regularly
Follow your investment strategy. If you bought Amazon shares to hold them for a longer term, you might participate in the company’s annual meetings and may choose to follow the company’s prospects in the news.
Trade tokenised Amazon shares at Dzengi.com.