What is AT&T Inc?
AT&T is a publicly-traded company that is headquartered in Dallas, Texas, USA. The company was established in 1983 when regulators separated the business to end its monopoly over the US telephone industry. With a history of more than 140 years, AT&T was a part of the Bell Telephone Company that was established in 1885 by the well-known inventor Alexander Graham Bell. Bell founded AT&T to serve as a business for its long-distance services.
Today the company is a global provider of media and technology services, as well as telecommunications services, with a well-diversified product portfolio composed of wireless, wireline, wifi, VPN, IP network and fibre-optic cable services. The company offers its products through numerous subsidiaries and different segments, such as the Communication segment, Latin America segment, Xandr and Warner Media segment. Since its inception, the company has made a number of acquisitions that had a positive impact on its value. In 2018 AT&T performed the acquisition of Time Warner Inc, with which it expanded its content with HBO and CNN.
AT&T’s initial public offering took place on 19 July 1984 and its stock is trading on the New York Stock Exchange (NYSE) with a ticker symbol “T”.
Performance of AT&T share price
During the past decade, the AT&T stock price has moved in a trending direction while it also experienced a sideways movement. The trending movements lasted from a couple of months to a couple of years, during which the AT&T share price increased or decreased by more than 30%. The AT&T stock price chart also shows that this stock recorded numerous pullbacks and retracements during the period.
The AT&T share price may fluctuate in excess of 5% throughout the trading day, but lower fluctuations are more common – and it also might move more than 10% within a trading week. The movements in the AT&T stock price per share make this stock attractive for traders because it can offer opportunities for generating an acceptable level of returns while maintaining a reasonable level of volatility. The AT&T price chart also shows that the stock might go through daily price gaps. The price gaps in T stock price broaden the potential trading signals and opportunities.
How to buy AT&T stock with tokenised assets
Traders and investors can benefit from movements in the AT&T stock price in several ways. Some of the available methods to buy AT&T stock may have superior features. While some methods impose the need for direct ownership, high transaction fees or the need for paying higher administration and management fees, asset tokenisation eliminates these drawbacks.
Tokenised assets are created using blockchain technology that enjoy a higher level of security while simplifying the process for executing transactions. Tokenised assets track an underlying asset’s performance (stock, commodities, indices) and mimic its price movements. Traders can profit from changes in AT&T stock value without the need to own any stock or pay high fees and trading commissions.
It should be noted that the process to open a trading position with tokenised assets is the same as if you plan to purchase the stock. Traders will buy the tokenised stocks when they expect a price increase or sell the tokenised stock if they think that the price will depreciate.
Tokenised assets available on the Dzengi.com platform have yet another attractive feature related to some of the most popular cryptocurrencies. Traders can now buy tokenised AT&T shares directly with bitcoin (BTC) or ether (ETH) without the need to exchange them for fiat currency. You can decide to trade tokenised shares with crypto as well as with fiat currencies.
Also, traders can buy AT&T stock with a margin of 5%, which gives them an opportunity to multiply their potential earnings. The margin provided by the Dzengi.com trading platform means that you can buy AT&T stock while having only a fraction of the desired position size. For instance, if you want to buy $10,000 (£7,250) worth of tokenised AT&T shares, with the 5% margin, you will have to put in only $500 (£362) of your trading capital.
Tokenised AT&T shares trading guide
Trading tokenised T shares is no more difficult than regular shares. To begin trading tokenised assets, you will need to follow some simple steps:
- 1. Register an account on Dzengi.com.
- 2. Deposit funds into your account. You can use cryptocurrencies such as bitcoin or ether or fiat currency.
- 3. Define the value of your trades while you also account for the margin offered by Dzengi.com.
- 4. Your decision to take a long or short position with tokenised assets available on Dzengi.com is based on your trading strategy.
- 5. Dzengi.com matches long and short orders placed by traders on the Dzengi.com platform, whereas free orders will be hedged through Capital.com, LMAX Digital and exchanges like Binance, Bitstamp, Kraken, NASDAQ, NYSE, and Gain Capital.
- 6. Traders can close their position either manually or by defining take profit or stop-loss orders. Afterwards, the funds are available in traders’ accounts and they may open new positions or withdraw the funds.
Why trade tokenised T stocks with Dzengi.com?
Trading tokenised T shares with Dzengi.com tokenised assets exchange has a number of advantages. Tokens 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 T shares with Bitcoin or Ethereum. Benefit from the share price movements without exchanging your crypto assets into fiat.
Trade tokenised shares with a tight market spread, benefit from maker rebates and competitive taker fees.
Experienced traders can trade the world’s top stocks, such as AT&T, 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.
Dzengi.com has a scalable and low latency order management system, which can execute 50 million trades a second.
Dzengi.com operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.