With low exchange costs. Acheter Tamadoge Okx … With an account at, you can easily purchase crypto using a card, checking account, or mobile wallet. It also provides incredibly high yields in many cases when taking part in staking or saving functions.
was founded in 2017 and preserves a headquarters in Seychelles, with additional workplaces all over the world. According to CoinMarketCap, is the 18th largest cryptocurrency exchange worldwide by volume.
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The website claims over 20 million users in more than 100 countries. They don’t take users from the United States due to regulatory and compliance issues.
You can develop an account that gives you access to trade 343 spot currencies if you’re in a location that works with OKX.
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also supports margin borrowing, earning cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced products, such as mining swimming pools and its own blockchain, called OKExChain. might work as an exchange you use in addition to a third-party cryptocurrency wallet or your main location for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s insufficient room to note them all in our OKX evaluation. There are 343 currencies on the exchange total.
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Currencies traded on by volume:
- Bitcoin
- OKB
- Ethereum
- TRON
- Avalanche
- APENFT
- Solana
- Polygon
breaks currencies down into different rates tiers that vary based on trade volume and account holdings. For spot trades, the most you will pay is 0.10%. High-volume traders and those with a big holding in the OKB currency may receive discounts. Futures, swaps, and alternatives have their own rate schedules with differing charges.
One huge downside of is that it doesn’t divulge fees for deposits and withdrawals. While much of is transparent, hidden cost information are a red flag that might send you to another exchange with transparent charge schedules.
Security
Cryptocurrency transactions are normally one-way and can’t be reversed, so constantly double-check deal details before proceeding. You likely won’t recuperate any funds if you accidentally send out funds to the incorrect wallet address.
Cryptocurrency exchanges have some unique security concerns you don’t normally face with traditional banking platforms. The finest practices for keeping your financial accounts protected are comparable. These consist of using strong passwords special to every site and app alongside a multifactor authentication app to keep hackers out of your funds.
OKX utilizes industry-standard security practices, including freezer for many consumer possessions. It likewise has offers additional features like the ability to establish a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is simple for anyone beyond the United States. You will discover a familiar experience at OKX if you have actually ever signed up for another cryptocurrency exchange or stock market brokerage account.
wanted to purchase apecoin at this level put our stop loss down at this level significance that if we’re wrong and it continues moving down we’re offering our position which we want to take revenue at this level what we wish to do is discover the distinction in between these values and that’s going to provide us.057 then we’re going to take the dollar quantity threat we want to run the risk of per trade which in this case is 10 dollars and we’re going to divide it by the Acheter Tamadoge Okx
distinction between the entry and the stop alright and that’s going to provide us the amount of tokens that we require to buy in order to run the risk of only ten dollars fine if we’re just going in with 250 coins or a thousand coins we’re never ever going to have the ability to call in our danger reward and you’re going to definitely screw yourself so make certain that you’re not doing that you need to have actually that set dollar amount all right so that implies that in order to discover the capital requirement or the quantity of cash that we require for this trade we need to take the amount of coins and increase it by the entry cost which is this level here fine so in this case we’re going to take 175 coins multiplied by 3.35 and that’s going to give us 587 dollars then we require to be able to get into this position when we’re using utilize the only thing it’s altering is how much cash we personally need to put into the trade so if I have a hundred dollar account and I utilize a 100x utilize that means now I have 10 thousand dollars to use alright due to the fact that if we just had a hundred dollar account alright this 587 is currently 5x the size of our money value of our account that makes it impossible okay so let’s visit purchase bit here let’s state we wish to take this ape trade here alright we require 175 coins we can see right here our Capital requirement for this position is 586 dollars now see what happens when we open our leverage alright and you’re gon na get this warning that the liquidation is high alright as long as you’re quantifying you’re entering your exit and you’re running the risk of that 10 dollars you are safe and you’re doing the best thing okay so now just thing that we require to utilize for this position is twelve dollars which is 12 of our entire account okay so this take advantage of ability is altering absolutely nothing about the danger profile on the trade okay if you intend on trading anyways utilize the referral Link in the description alright each week we do a giveaway where anyone trading with 50k volume or higher is
going to be immediately gone into to win a hundred dollars weekly we’re choosing 3 winners a week okay we’re trying to give the costs that we’re gathering from the affiliate program back into the neighborhood for you men trading with us link is below you can have a look at our Discord where we reveal the winners okay before we hop into the trading system that you can use to start taking these trades I wish to discuss the guidelines that I would advise using when growing a small account fine so the first guideline is start with the dollar amount threat per trade 10 of beginning balance on a hundred dollar account use that 10 dollar risk okay each time you double the account so when you go to 100 as much as 200 fine you wish to move that approximately the 10 of the 200 moving it to the 20 per trade limit get comfy with the dollar quantity and use that there up until we scale our account up a bit larger the 3rd thing and this is very important is everybody has a mental threshold when it concerns how much cash they’re comfortable running the risk of if I’m looking at losing 500 like this 500 500 where I lose three sell a row I don’t care who you are or what the math says you’re going to start feeling a little bit psychological about the trades and that’s something that you really want to prevent until you come comfy doing that alright so say you work your method approximately 200 to 500 to a thousand all right and after that ten percent of a thousand is a hundred dollars per trade which’s too much for you alright you can stroll that pull back to fifty dollars per trade pick that fixed quantity once you want to preserve your capital and just pick an objective daily on
the money that you wish to make when you get up to a comfy limit where it’s fitting your income goals so for me personally you understand I like to make 3 that three to 5 thousand dollars per week so I’m utilizing you learn about 2.5 percent of my entire account balance right around twenty thousand dollars that I keep in my account and after that I’ll increase it you understand a couple years from now go up to a thousand try to make three to five thousand per trade and attempt to double my income alright so let’s enter into the support of the actual trading this is a system that I have actually been trading the markets with for the past couple months that have actually definitely been nailing trades with I’m gon na show you among the setups that I had on xrp when I was in fact in Dubai all right however what I want to do is find an area where I have actually a recently developed uptrend first thing that I want to do is determine my wave count alright so if this is our beginning
very first pullback is two biggest waves approximately three pullback is 4 and after that the high is five and the way we can look for the top of five is by using a Fibonacci projection off of our one wave so if this is our one value I’m gon na click here click back here and after that find my factor of one and you can see the price action sort of Consolidated right along this level if we take a Fibonacci retracement off of this level and go up to the high of one if our cost action comes down through