It was called Picaboo in its first release in July 2011 with little success and, only with its second launch in September 2011, it took the name of Snapchat and was created by 3 undergraduates of Stanford University, a private university in the United States of America. .
The 3 students but friends, Bobby Murphy the programming expert, Evan Spiegel, and Reggie Brown are the creative minds of this project, they created a multimedia application different from the others already existing.
Its strong point consists in allowing you to share Stories (they were the first to launch this section, then they were copied from Facebook and Instagram), photos, videos or messages for the duration of 24 hours only, once these hours have ended automatically l application will delete the message without leaving any trace. One of its main features is that you can only use it via smartphone or tablet and today let's face it who doesn't have one of these?
Snapchat shares today
You may be wondering how and who Snapchat is today and how it earns its revenues. First, the application earns 0,15 cents per view per day through the “discover” advertisement, the so-called pop-up in which the advertisement opens and which immediately takes you to the download section of the Snapchat application. His daily earnings are estimated to be around $ 120,000.
In 2015, it was further updated and geo-filters were added, guess who was the first company to contact Snapchat to be included in its program? Obviously the very famous Mc Donald's sandwich multinational.
Subsequently, other large companies followed in Mc Donald's footsteps, until the day when 20th Century Fox decided to create a range of geo-filters inspired by X-Men: Apocalipse, in which he paid for Snapchat daily.
These days Snapchat is riding the wave in this stock market, precisely because smartphones are increasingly present in our daily lives and consequently being a fun and accessible application to everyone, more and more users are downloading more than 180 million. users.
How to buy Snapchat shares
How can we buy Snapchat stock? Will be difficult? Above all, will it be safe to buy them? These are the classic questions, among other things legitimate, that all people who want to start investing in the financial world ask themselves.
There are two ways to buy and invest in financial shares, the classic and old method by going to a bank or a completely innovative way that will give you the freedom to manage your capital directly from your home or in the place where you are in full. freedom and security, this new method is called brokers online let's analyze them in detail:
- The banks: talking to a financial advisor in person will always give you extra security but will it be reliable? Can we believe what he recommends or will it simply serve the interests of another? Not to mention the interest rates, which apply to our expenses, without doing anything but to manage the practice can be unfavorable for our final earnings.
- Online Broker: they are nothing more than simple multimedia platforms, which can be managed from the comfort of your home in complete freedom, which give you the opportunity to invest in listed companies. The name of one of these online trading platforms is eToro.
What is eToro
Founded in 2007 in the city of Tel Aviv in Israel eToro is a multinational brokerage, multi-asset and social trading company. Depopulated in the field of financial investments, to become the leading company in this sector, in fact today it has almost 10 million active accounts scattered in 140 countries around the globe.
One of its strengths lies in making easy what may seem complicated, often following the trend of the world stock exchange is not a child's play, especially for those who are beginners, but with the eToro application you can invest in Snapchat shares in complete safety as it is regulated by companies such as the FCA and the global giant CySec for privacy and security.
Since 2010 eToro has been updated and in addition to being able to download the app directly on your smartphone, in order to manage and control your investments from the comfort of your home, it gives the possibility with the function copy trading to ask for help, advice and even follow the best traders step-by-step by copying their share movements, and Social trading in essence is the possibility of being able to interact with them, asking for advice on the performance of shares or simply an exchange of opinions to understand if you are on the right path or not.
The advantages of using eToro
Now let's move on to why choose this online trading platform instead of others, with this brief description you will surely be encouraged to explore it and get to know it better.
- Safety, as it has been equipped with world-famous security protocols, precisely to safeguard all users who are part of it;
- Copy trading, a function that allows for those who are not experts to copy the most experienced traders in the real heart of the word, to give you an example you have noticed a trader with experience in this sector as you see that his profits increase, just a click will be enough to execute the its own movements without any effort;
- economic, as it allows you to start your experience with a small contribution of 200 €;
- Easy platform, that is a simple platform with an intuitive interface and takes advantage of the primacy as it uses simple and clear graphics;
- Social trading, that is a platform that also allows you to interact with other traders, you have a doubt you are not convinced about the company you have chosen or you do not know which to choose, just write it in the social part and you will immediately receive many answers, so it can be used like any social platform.
Purchase Snapchat shares on eToro
Now let's see how to buy Snapchat shares on eToro:
Open an Account
It is very simple, you have to enter the eToro web page and click on the "Register now" item, then a page will load where you will have to enter your personal data, now you will wonder how they can be sure that the person is real or not? Well simple, eToro for a month to send a valid document to prove the veracity of the account.
Payment of capital
To start this online trading path you will need liquidity in your account, and here too eToro tries to simplify our life, just enter your personal area and choose how much to pay into it and through a credit card, bank transfer or PayPal you can quietly make this payment, which then let's remember eToro is one of the very few platforms that will make you start with a small deposit of € 200 and without commissions.
The demo version
Not an expert? Don't know how to move? Here is the right solution for you, this demo is free and you can start practicing in the world of online trading without the risk of losing real money, this can be very useful to start understanding the strategies and how to move within the platform, or even just to ask for advice from more experienced traders.
We have come to the real world of online trading, this is the version where you will go to the real buying and selling market. This is the section where with a simple click you will start buying real financial shares.
How to view Snapchat stock chart and invest on eToro
Now let's learn more about how to view the performance of a particular company through the eToro platform. Now that you have created your account on eToro you can start your adventure in the world of online trading, log in to your personal area and search for Snapchat or even using its acronym of SNAP.
You will access the official page directly through the online trading portal, in this screen you will see the graphs that show you the company's progress both in real time and its financial performance history, making you do the complete picture of the station and make you decide or less whether to invest in this company or not.
How to create an account with Libertex
You can also use the Libertex broker's platform to trade Snapchat shares. This company has been online for many years and can count on millions of subscribers all over the world. Its main feature lies in a platform that is simple to use and suitable for both beginners and professional traders.
If you want to start using this platform, all you have to do is follow the steps below:
- Register on the broker page and open a free account in minutes. After registration, verify your identity by sending a copy of an identification document.
- Finance your account by making a deposit with one of the many payment methods accepted by Libertex such as credit cards or bank transfers.
- At this point you just have to start trading with Libertex's easy-to-use platform.
If you want to monitor your positions even while on the move, you can do so by accessing the broker's web page via mobile browser. The page is perfectly optimized for portable devices such as tablets and smartphones and you will not have to download any application to open and close exchanges.
Snapchat stock forecast and what the cost of stock is
In March 2017, Snapchat made its dramatic entry into the Wall Street stock exchange, its shares that day sold for $ 27 each. The shares of Snapchat today are worth $ 19,25 each, a slightly loss compared to previous days, but this is precisely the beauty of the stock market, which in a matter of hours the situation can change, upsetting the results.
Of course we are talking about an application that registers 300 million monthly active users, this makes us understand that it is an application that is making its way among the largest social network companies.
Talking about a forecast for the future remains difficult precisely because it hasn't entered this market for many years, however one thing is certain as long as smartphones are part of our lives, Snapchat statuses will always be up to date.
Buy Snapchat shares reviews
Most of the users who use Snapchat are mostly teenagers or young people under the age of 20, so the application interface has cheerful themes that makes it fun and creates links between users.
As a social network suitable for all ages, Snapchat is committed to ensuring that users who use it at that precise moment will also be inclined to use it in the near future.
In fact, a 35% increase in users is expected within a couple of years. With this preamble it is understood that Snapchat has many surprises in store for us and this is why it is one of the most appreciated and requested companies by investors who continue to believe in it and promote it as the investment of the future.
The conclusion of this description that I gave you of Snapchat certainly makes you understand that it is a company in full development, its shares go up and down depending on the day like all publicly traded companies, but one thing is certain who invests in Snapchat will invest in an ambitious company that aims to double its users and grow more and more.
Snapchat is a source of income and many investors have decided to combine it with more solid investments in case something does not go according to plan however, the world of online trading is in constant motion and if we wanted to give it a try we could always rely on eToro using the its functions to test the waters and start investing in this company by growing our profits.