TikTok has nearly 80 million users in the United States alone and it’s one of the most popular social media platforms globally. As the service expands its global reach, it commands 1 billion active monthly users.
That said, there need to be some big risk warnings around this kind of advice – there are some instructive and entertaining YouTube videos about some of the most well-known TikTok trading strategies, and as you might have guessed they’re flawed.
At present, ByteDance – the company behind TikTok – does not trade publicly. Moreover, ByteDance has made no indication regarding when it may list or how the recent dispute between the United States and China may affect a possible listing in the future.
Those unfamiliar with ByteDance are unaware that it is a Chinese multinational internet technology company that produces and owns a variety of products and services, including the application TikTok, which is arguably their most popular product.
Where Can I Purchase And Sell ByteDance (TikTok stock)?
The ByteDance (TikTok) gray market will expose investors to the IPO before the company lists. Investors can trade contracts for difference (CFDs) on the predicted market capitalization of the company before the IPO by using IG’s ByteDance (TikTok) gray market.