What is Invesco QQQ Trust?
QQQ holds the largest non-financial companies listed on the Nasdaq, which makes it heavily weighted towards technology.
People who want exposure to big technology without choosing one company often look at QQQ.
What it would cost
Planned minimum
$1
Indicative commission
2%
A $50 order
$1.00 fee
Illustrative, not a quote. Full details on the pricing page.
How the process would work
- 1
Join the waitlist
Accounts are not open yet. Joining the waitlist puts you in line for an invitation when Token Africa launches.
- 2
Verify your identity
At launch you would confirm who you are with a government ID and a few basic details — a legal requirement for any investment account.
- 3
Add money in Liberian dollars
Planned funding through mobile money or bank transfer. Your Liberian dollars are converted to US dollars at a published rate shown before you confirm.
- 4
Choose an amount, not a number of shares
You enter what you want to invest — from $1 — and receive a fractional share of that value instead of a whole share.
- 5
Review the cost, then confirm
The indicative 2% commission and the converted dollar amount are shown before you place the order.
- 6
Track it and add over time
Your holding, its value and any dividends appear in your portfolio. Most people add small amounts regularly rather than all at once.
Before you decide
- More concentrated in technology than a broad market fund.
- Has historically moved more sharply in both directions than the S&P 500.
- Charges an ongoing fund fee.
Risk: Concentration in one sector increases the size of the swings. Values can fall as well as rise and you may get back less than you put in. Currency movements between Liberian and US dollars add a second source of change. Past performance tells you nothing about the future.
Other guides
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Join the waitlistRelated: The full Liberia guide · Answers · Trust & Safety