Listed at the NASDAQ Exchange (Stock Symbol: ABNB)
How to Open a Trading Account to Invest in How to Buy Airbnb Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the primary choice.
Upload an ID and a proof of address (electricity, water bills, etc.) through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the correct base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts are available on US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the Broker has approved the account, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform; that is, they allow testing their Demo account, which is Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Airbnb Shares?
Online Brokers allow investing in Shares straightforwardly through optimised apps that grant easy and fast access to financial markets. Most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. To buy shares of Airbnb, you have to:
open a trading account as explained before,
deposit money,
Search for "Airbnb" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
How to buy Airbnb Shares
About Airbnb
Airbnb is an online marketplace for travellers. It was founded in 2008; it is based in San Francisco, California, but operates worldwide. The company allows travellers looking for unique experiences to find and book holiday rental homes all over the world while also allowing its more than 600,000 hosts to grow their rental businesses.
The platform puts hosts in front of customers searching for a place to stay in a specific region. The company was established to provide a platform where people could offer a spare room or part of their home for travellers to stay in, particularly in cities holding significant events that made hotel rooms hard to come by.
As of September 2020, the company offered more than 7,000,000 accommodation options across 220 countries and regions. Found on the NASDAQ stock exchange under the ticker ABNB, Airbnb went public and floated 50 million shares in December 2020. It was of the most eagerly anticipated Initial Public Offerings (IPO) of 2020. Initial estimates suggested that on floating, the company’s fully diluted market value exceeded $35 billion.
