With low exchange fees. Okx 口座開設 … With an account at, you can quickly buy crypto utilizing a card, savings account, or mobile wallet. It also uses exceptionally high yields in many cases when participating in staking or conserving features.
was founded in 2017 and preserves a headquarters in Seychelles, with extra offices around the globe. According to CoinMarketCap, is the 18th largest cryptocurrency exchange on the planet by volume.
The site claims over 20 million users in more than 100 nations. They do not take users from the United States due to regulatory and compliance issues.
You can create an account that provides you access to trade 343 area currencies if you’re in an area that works with OKX.
also supports margin borrowing, earning cryptocurrency through staking and cost savings, cryptocurrency-backed loans, and advanced items, such as mining pools and its own blockchain, called OKExChain. might work as an exchange you utilize 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 list them all in our OKX review. There are 343 currencies on the exchange overall.
Currencies traded on by volume:
breaks currencies down into different rates tiers that differ based on trade volume and account holdings. For area trades, the most you will pay is 0.10%. High-volume traders and those with a large holding in the OKB currency may qualify for discount rates. Futures, swaps, and alternatives have their own rate schedules with differing costs.
One big downside of is that it does not divulge charges for withdrawals and deposits. While much of is transparent, surprise expense information are a warning that might send you to another exchange with transparent charge schedules.
Cryptocurrency deals are typically one-way and can’t be reversed, so always double-check deal information prior to proceeding. If you inadvertently send funds to the wrong wallet address, you likely won’t recuperate any funds.
Cryptocurrency exchanges have some distinct security concerns you do not typically face with traditional banking platforms. However, the best practices for keeping your financial accounts safe and secure are comparable. These include using strong passwords special to every website and app alongside a multifactor authentication app to keep hackers out of your funds.
OKX utilizes industry-standard security practices, consisting of cold storage for a lot of client assets. It also has offers additional functions like the capability to set up a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is simple for anyone 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.
wanted to buy 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 revenue at this level what we wish to do is discover the distinction between these values and that’s going to offer us.057 then we’re going to take the dollar quantity 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 Okx 口座開設
difference between the entry and the stop fine and that’s going to provide us the amount of tokens that we require to purchase in order to run the risk of only 10 dollars all right 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 risk benefit and you’re going to absolutely screw yourself so make sure that you’re not doing that you require to have that set dollar amount all right so that implies that in order to find the capital requirement or the quantity of cash that we require for this trade we need to take the quantity of coins and multiply it by the entry cost which is this level here okay so in this case we’re going to take 175 coins increased by 3.35 and that’s going to provide us 587 dollars then we need to be able to enter this position when we’re utilizing leverage the only thing it’s changing 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 take advantage of that indicates now I have ten thousand dollars to utilize alright because if we just had a hundred dollar account alright this 587 is already 5x the size of our money worth of our account that makes it difficult alright so let’s go over to purchase bit here let’s state we wish to take this ape trade here alright we need 175 coins we can see right here our Capital requirement for this position is 586 dollars now view what takes place when we open up our take advantage of okay and you’re gon na get this caution that the liquidation is high all right as long as you’re quantifying you’re entering your exit and you’re risking that 10 dollars you are safe and you’re doing the best thing all right so now only thing that we require to use for this position is twelve dollars which is 12 of our entire account alright so this take advantage of ability is altering nothing about the risk profile on the trade all right if you plan on trading anyways use the referral Link in the description okay every week we do a giveaway where anyone trading with 50k volume or greater is
going to be immediately gone into to win a hundred dollars each week we’re choosing three winners a week alright we’re attempting to provide the fees that we’re gathering from the affiliate program back into the community for you men trading with us link is listed below you can check out our Discord where we announce the winners okay before we hop into the trading system that you can utilize to start taking these trades I want to go over the rules that I would suggest using when growing a little account alright so the first guideline is start with the dollar amount danger per trade 10 of starting balance on a hundred dollar account usage that ten dollar danger okay each time you double the account so when you go to 100 as much as 200 okay you want to move that up to the 10 of the 200 moving it to the 20 per trade threshold get comfortable with the dollar quantity and use that there until we scale our account up a bit larger the third thing and this is super crucial is everyone has a psychological limit when it comes to how much money 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 states you’re going to begin feeling a little bit psychological about the trades and that’s something that you actually want to prevent up until you come comfy doing that alright so state you work your way as much as 200 to 500 to a thousand okay and after that ten percent of a thousand is a hundred dollars per trade which’s excessive for you okay you can stroll that back down to fifty dollars per trade pick that repaired amount as soon as you wish to protect your capital and just pick an objective per day on
the money that you want to make when you get up to a comfy threshold where it’s fitting your earnings objectives so for me personally you understand I like to make 3 that three to 5 thousand dollars per week so I’m using you understand about 2.5 percent of my whole 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 move up to a thousand shot to make three to five thousand per trade and attempt to double my income alright so let’s enter into the bread and butter of the real trading this is a system that I have actually been trading the marketplaces with for the past couple months that have definitely been nailing trades with I’m gon na reveal you among 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 a recently established uptrend first thing that I want to do is identify my wave count all right so if this is our start
very first pullback is 2 largest waves up to 3 pullback is four and then the high is five and the way we can try to find the top of five is by using a Fibonacci projection off of our one wave so if this is our one worth I’m gon na click on this link click back here and then 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 increase to the high of one if our rate action boils down through