With low exchange fees. How Can I Find A Bitcoin Transaction Id On Okx … With an account at, you can quickly purchase crypto utilizing a card, checking account, or mobile wallet. It likewise uses extremely high yields in some cases when participating in staking or conserving features.
was founded in 2017 and preserves a head office in Seychelles, with additional workplaces around the world. According to CoinMarketCap, is the 18th largest cryptocurrency exchange on the planet by volume.
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The website claims over 20 million users in more than 100 countries. They do not take users from the United States due to regulatory and compliance issues.
If you’re in a location that works with OKX, you can create an account that offers you access to trade 343 area currencies.
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likewise supports margin borrowing, making cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced items, such as mining pools and its own blockchain, called OKExChain. could work as an exchange you use in addition to a third-party cryptocurrency wallet or your main place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s insufficient space 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 various prices tiers that differ 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 qualify for discount rates. Futures, swaps, and options have their own rate schedules with varying charges.
One big disadvantage of is that it doesn’t disclose charges 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 always double-check transaction information before continuing. You likely will not recover any funds if you accidentally send funds to the incorrect wallet address.
Cryptocurrency exchanges have some distinct security concerns you do not typically face with conventional banking platforms. The best practices for keeping your financial accounts safe and secure are similar. These include using strong passwords distinct to every site and app alongside a multifactor authentication app to keep hackers out of your funds.
OKX uses industry-standard security practices, including cold storage for the majority of customer possessions. It also has deals additional features like the ability to establish a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is simple for anybody beyond the United States. If you’ve ever signed up for another cryptocurrency exchange or stock market brokerage account, you will find a familiar experience at OKX.
wished 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 and that we want to take profit at this level what we wish to do is find the distinction in between these values which’s going to offer us.057 then we’re going to take the dollar amount risk we wish to run the risk of per trade which in this case is 10 dollars and we’re going to divide it by the How Can I Find A Bitcoin Transaction Id On Okx
difference between the stop and the entry alright and that’s going to offer us the quantity of tokens that we require to buy in order to risk just 10 dollars alright if we’re simply sharing 250 coins or a thousand coins we’re never ever going to be able to dial in our danger benefit 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 quantity all right so that implies that in order to discover the capital requirement or the amount of money that we require for this trade we need to take the amount of coins and increase it by the entry rate which is this level here alright 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 need to be able to enter this position when we’re using utilize the only thing it’s altering is how much money we personally need to take into the trade so if I have a hundred dollar account and I use a 100x utilize that implies now I have ten thousand dollars to use alright since if we only had a hundred dollar account all right this 587 is currently 5x the size of our cash value of our account which makes it difficult okay so let’s go over to purchase bit here let’s state we want 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 takes place when we open up our take advantage of fine and you’re gon na get this caution that the liquidation is high okay as long as you’re measuring you’re entering your exit and you’re running the risk of that ten dollars you are safe and you’re doing the right thing all right so now just thing that we need to utilize for this position is twelve dollars which is 12 of our whole account all right so this utilize capability is altering nothing about the risk profile on the trade fine if you intend on trading anyways use the recommendation Link in the description all right weekly we do a giveaway where anybody trading with 50k volume or higher is
going to be instantly gone into to win a hundred dollars per week we’re picking 3 winners a week okay we’re attempting to give the charges that we’re gathering from the affiliate program back into the neighborhood for you men trading with us connect is below you can check out our Discord where we reveal the winners fine before we hop into the trading system that you can use to start taking these trades I want to go over the guidelines that I would advise using when growing a small account fine so the first rule is begin with the dollar amount risk per trade 10 of starting balance on a hundred dollar account use that ten dollar danger fine each time you double the account so when you go to 100 approximately 200 fine you wish to move that as much as the 10 of the 200 moving it to the 20 per trade threshold get comfortable with the dollar amount and use that there till we scale our account up a bit larger the 3rd thing and this is super important is everybody has a psychological limit when it pertains to just how much money they’re comfortable risking 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 mathematics says you’re going to begin feeling a little bit psychological about the trades and that’s something that you actually want to avoid up until you come comfortable doing that all right so say you work your way approximately 200 to 500 to a thousand alright and after that ten percent of a thousand is a hundred dollars per trade and that’s too much for you okay you can walk that back down to fifty dollars per trade choice that fixed amount once you wish to preserve your capital and just select an objective each day on
the money that you want to make as soon as you get up to a comfy limit where it’s fitting your earnings objectives so for me personally you understand I like to make three that 3 to 5 thousand dollars weekly so I’m utilizing you know 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 know a couple years from now go up to a thousand shot to make three to five thousand per trade and try to double my income alright so let’s enter the support of the actual trading this is a system that I have actually been trading the marketplaces with for the past couple months that have absolutely been nailing trades with I’m gon na show you one of the setups that I had on xrp when I was actually in Dubai okay but what I want to do is discover an area where I have actually a recently developed uptrend first thing that I wish to do is determine my wave count all right so if this is our beginning
very first pullback is two biggest waves as much as three pullback is 4 and then the high is five and the method we can try to find the top of five is by using a Fibonacci forecast off of our one wave so if this is our one value I’m gon na click here click back here and after that discover my aspect 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 boils down through