TikTok Stock: What is TikTok Stock? Is the Stock worth Investing In? How and Where to Buy It
Making decisions of what stock to invest in can be quite difficult as there are many stocks out there and each of these stocks come with its risks and benefits. As a smart investor, you must make the necessary research before delving into any investment to limit your risk of losses. One of the popular stocks out there today is the TikTok stock, have you heard about it? Are you considering investing in it? Do not worry! In this article, we shall be bringing you details about the TikTok Stock and how you can safely buy it.
1. What is TikTok Stock?
Tiktok stock is owned by a private-owned Chinese
company that is known as ByteDance Investment. The company is partly funded by
Sequoia Capital China but Walmart and Oracle will now share a 20 per cent stake
in TikTok Global due to certain security-related actions taken by the US in
2020. This allows various investors to buy TikTok shares.
Over the years, TikTok has witnessed a massive
growth due to the increase in the numbers of its us and at the present, there have
been more than 2 billion downloads of the App on Google Play Store and Apple
Play Store. An average of 700 million people uses TikTok daily.
TikTok success can be linked to the fact that it is
one of the most adopted video streaming Apps all over the world and it is
loaded with amazing features and great algorithms that keep attracting users to
it every day. TikTok videos are usually short- about five seconds to one minute
and they can be customized using highly sophisticated editing tools, these
videos can also be shared. With these sophisticated editing tools, TikTok users
can easily make quality and satisfying videos all on a free App. This is quite
amazing and no wonder it has millions of users. You can easily add filters to
your video, add and customize the speed, make cts for takes, and do lots of
other fun-filled editings. Try to check through the App today and you would be
amazed at the quality and amusing features that it is loaded with. The Company
in Charge of TikTok- the ByteDance is a private-owned company and so this makes
it quite difficult for anyone to be able to know the accurate amount that the App
is worth, but you sure should be able to get an idea of how huge such App with
a large number of users would have.
Though investing In social media comes with its own
risk as nobody can tell what can happen to the platform at any time, it is still
definitely worth trying out! Presently, the TikTok stock cannot be directly
bought by the public as it is a private-owned company and their IPO has not
been launched, you can however buy it indirectly from Walmart or Oracle once
their deal with ByteDance clicks. You can as well wait for the company to
initiate their IPO which will enable the public sales of their stock.
2. How to Buy Shares in TikTok Once it Initiates IPO
Buying TikTok Stock once it gets listed is just like
buying any other stock on the exchange platform. Follow these steps to buy the
TikTok Stock:
You cannot just join any stock trading platform
without making your necessary findings if you are not on any stock exchange
platform before. There are so many stock trading platforms today and each of
these platforms has its unique policy, charges, and bonuses. Each platform has
various stocks listed on them. To be on track, check through the various
exchange platforms available, look for the one that terms and policy best suits
you and then choose it.
After deciding on what platform to use, the next
thing to do is to open an account with them. Most platforms would need some
personal details from you while signing up. Details like your email, your phone
number, your full name, and sometimes your home address. After you have done
this, go ahead to put some funds in your brokerage account. This would require
some of your bank details and so that is one of the reasons that you should be
sure of the exchange platform you are using to be safe from scammers.
After funding your brokerage account, the next thing
to do is search for the stock you are buying, which in this case is TikTok. To
do this, type in TIKTOK in the search box and you would see the stock pop up.
After it pops up, click on it.
Once you have the TIKTOK on your screen, specify the
quantity of the stock that you intend to buy, making sure that you do not do
any mistakes. There is also a part where you might have to choose what order
type you want, there is the market order and the limit order. The market order
allows you to get the stock immediately after you buy it while the limit order
delays the order and only sends it when it gets to the price you want. Choose
any of these orders as it best suits you.
This is very important! After you have input all
entries, ensure you read through again from the beginning to the end to be sure
that you have not typed in anything wrongly. Wrong entries are not reversible
most time.
After you have gone through all your entries and you
are very sure that there are no errors, initiate the buying process by clicking
on the buy button. And that is All!
2.1 Go Through Various Trading Platforms and Compare
2.2 Sign Up and Fund your Account
2.3 Use the Search Box
2.4 Input the Amount and Order Type of Your Choice
2.5 Double Check for Errors
2.6 BUY
3. Various Trading Platforms to Buy Your TikTok Stock From Once it Goes Public
Webull Cryptocurrency Exchange is another leading one.
This platform is known for trading only top-leading currencies and it is also
quite easy to use.
The deposit methods available on the platform include
Wire Transfer and Bank Transfer. There are 8 cryptocurrencies available on the
site and the fiat currencies available include USD, INR, JPY, EUR, GBP, HKD,
CHF, AUD, CAD, and CNY.
Robinhood Cryptocurrency Exchange is easy to use and the
platform trades cryptocurrencies that are topping the market. The deposit methods available on the platform
include Debit Card, Bank transfers, and Cash. There are 17 cryptocurrencies
available on the site and the only fiat currency allowed is USD.
These exchange platforms, and so many other ones are the
platforms you can buy TikTok stocks from. Be sure to weigh out the policies of
these platforms and to go for the one that best suits you.
There are certain factors that you should put into
consideration when choosing the exchange platform to buy your TikTok Stock from
especially if you are a first-timer. Here are some of the factors:
This is very important. You are going to be sharing
very personal details of you including your bank details when signing up on a
stock trading platform and so you should be very certain of the reliability and
trustworthiness of that platform. Check out for its developers, and also try to
check if it has a reasonable number of users before you sign up. There are so
many scam sites out there so you would want to be very careful.
There is some stock trading platform that comes with
social media features. This part of their platforms allows you to easily interact
with other investors and to rub minds together. It is also a great way of
learning and staying up to date with what is up in the stock market and various
tips, updates, and strategies are shared.
As we said, there are so many stock trading
platforms; it is however not all these platforms that are very good for
beginners. If you are new to the stock exchange, you should only go for stock
trading platforms that are easy to use and that have great offers for
beginners. Go for platforms whose app and website is easy to surf and easy to
understand to avoid complexities and errors while buying your stocks.
TikTok is one most popular and trending social media
platforms today and we are sure that you are aware of that. Investing in stock
from such a company seems to be an interesting and great idea although it comes
with its risks- which is typical of all investments, we are sure that it is
worth it.
3.1 Webull
3.2 Robinhood
4. Choosing the Best Stock Trading Platform to Buy
TikTok Stock
4.1 Is It a Trusted Platform?
4.2 Is the Platform Socially Active?
4.3 Is the Platform suitable for beginners?
5. Conclusion
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D. jhon shikon milon
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