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How to Buy D-Wave Quantum Stock? | Invest in QBTS

How to Buy D-Wave Quantum Stock
Marko Marjanovic

Summary: D-Wave Quantum is one of the pioneers in the quantum computing sector, now operating in the aerospace and defense industries. To buy D-Wave Quantum stock and gain exposure to the quantum computing market, investors can register an account at an online stock trading platform such as Interactive Brokers.

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About D-Wave Quantum

D-Wave Quantum homepage. Source: Dwavesys.com

D-Wave Quantum Systems (NYSE: QBTS) is a Canadian computer hardware company specializing in the development of quantum computing technology. The company was founded in 1999, and over the years, it became known for some of its innovative quantum computing solutions, particularly its quantum annealing (QA) optimization processes.

How to buy D-Wave Quantum stock: Step-by-step

D-Wave Quantum went public in 2022 following a SPAC merger with DPCM Capital. Its stock is listed on the New York Stock Exchange under the ticker QBTS, and investors can purchase it on online stock trading platforms such as Interactive Brokers by taking the following three steps:

Step 1: Choose the right broker

If you are interested in investing in the company, you will have to find a reputable online brokerage that will give you access to the New York Stock Exchange and allow you to buy the QBTS stock. 

There are many online brokerages you can choose from, so you’ll have to do some research to figure out which one can accommodate your investment strategy. You can start by considering factors such as:

  • Fees, account minimums, and commissions;
  • User-friendliness and platform accessibility;
  • Broker reputation and user reviews;
  • Regulatory compliance and licensing;
  • Available markets;
  • Research tools.

Our go-to brokerage for the QBTS stock is Interactive Brokers, a multi-asset, user-friendly broker with millions of registered accounts and licenses issued by the US SEC and CFTC. In addition, the platform comes with a host of other useful features, such as:

  • Commission-free stock trading;
  • 90+ market centers;
  • Fractional shared;
  • Earn extra income on fully paid shares;
  • Lowest financing rates for margin accounts in the industry;
  • No account minimums.

Best Platform for Worldwide Stock Trading & Investing

  • Highly trusted multi-asset broker with clients in over 200 countries

  • Trade on 150 markets globally from a single platform (stocks, ETFs, futures, currencies, crypto & more)

  • Low commissions starting at $0 with no platform fees or account minimums

  • Easily fund your account and trade assets in 26 currencies

  • IBKR pays up to 4.58% interest on cash balances of $10k or more

Up to 4.58% interest on balance*

Step 2: Open and fund a brokerage account

Upon choosing a broker, you can register and fund an account. To create an account fully, you will have to go through a registration and know-your-customer (KYC) process, provide the broker with some personal details and banking information, link the account to a payment method, and deposit some funds you can use to buy stocks. 

To fund your account, you can usually:

  • Transfer money to it from your bank account;
  • Use a wire;
  • Use third-party payment systems like PayPal;
  • Transfer money from another account;
  • Etc.

Step 3: Placing an order

Finally, you can buy D-Wave Quantum shares. To do that:

  1. Log in: Head over to your broker’s platform and log in;
  2. Find the stock: Look up the QBTS ticker or simply look up D-Wave Quantum in the search bar;
  3. Choose the order type: Most brokers nowadays offer market, limit, and stop-loss orders.
  4. Specify the number of shares you want to buy: Type in the desired number of shares you wish to purchase;
  5. Verify your order: Double-check the accuracy of the order type and the number of shares you want to buy;
  6. Execute the order: Proceed to submit your order. 

QBTS stock price today

QBTS stock — What to consider

D-Wave Quantum is a small but notable fighter in the quantum computing arena, operating in some profitable sectors, such as defense and aerospace. However, its stock has been known for high volatility and unpredictability, so long-term investors should be on alert. On the other hand, if you have a higher risk tolerance and favor short-term investment strategies, D-Wave Quantum might be a solid option if you’re looking to gain affordable exposure to the quantum computing market, being that it’s a penny stock.

Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. 

FAQs about how to buy D-Wave Quantum stock

Does QBTS stock generate passive income?

No, D-Wave Quantum does not pay dividends, so you will not generate passive income by investing in its stock.

How to buy D-Wave Quantum Stock?

To invest in QBTS, you can open an account at an online stock trading platform such as Interactive Brokers.

Is D-Wave Quantum stock a penny stock?

Yes, the QBTS stock is considered a penny stock.

Best Platform for Worldwide Stock Trading & Investing

  • Highly trusted multi-asset broker with clients in over 200 countries

  • Trade on 150 markets globally from a single platform (stocks, ETFs, futures, currencies, crypto & more)

  • Low commissions starting at $0 with no platform fees or account minimums

  • Easily fund your account and trade assets in 26 currencies

  • IBKR pays up to 4.58% interest on cash balances of $10k or more

Up to 4.58% interest on balance*

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