Get Okx New York – Cryptocurrency No Fee

With low exchange fees. Okx New York … With an account at, you can easily purchase crypto using a card, bank account, or mobile wallet. It likewise offers incredibly high yields sometimes when taking part in staking or saving functions.

was founded in 2017 and maintains a head office in Seychelles, with extra offices around the globe. According to CoinMarketCap, is the 18th largest cryptocurrency exchange worldwide by volume.
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The site claims over 20 million users in more than 100 countries. They do not take users from the United States due to regulatory and compliance concerns.

You can develop an account that offers you access to trade 343 spot currencies if you’re in an area that works with OKX.
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likewise supports margin loaning, making cryptocurrency through staking and 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 not enough space to note them all in our OKX review. There are 343 currencies on the exchange overall.
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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 upon 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 might get approved for discount rates. Swaps, futures, and choices have their own rate schedules with varying charges.

One big disadvantage of is that it does not disclose charges for deposits and withdrawals. While much of is transparent, hidden expense details are a warning that might send you to another exchange with transparent cost schedules.

Security
Cryptocurrency transactions are generally one-way and can’t be reversed, so always double-check transaction details before continuing. You likely won’t recover any funds if you accidentally send out funds to the wrong wallet address.
Cryptocurrency exchanges have some unique security issues you do not generally confront with traditional banking platforms. Nevertheless, the best practices for keeping your financial accounts protected are comparable. These include using strong passwords unique to every website and app along with a multifactor authentication app to keep hackers out of your funds.

OKX utilizes industry-standard security practices, consisting of freezer for many customer assets. It likewise has deals additional features like the ability to set up a withdrawal password and anti-phishing codes.

Opening an OKX Account
Opening an account is simple for anybody beyond the United States. You will discover a familiar experience at OKX if you’ve 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 meaning that if we’re wrong and it continues moving down we’re selling our position and that we wish to take revenue at this level what we want to do is discover the difference between these values and that’s going to provide us.057 then we’re going to take the dollar quantity threat we wish to risk per trade which in this case is 10 dollars and we’re going to divide it by the Okx New York

difference between the stop and the entry all right and that’s going to provide us the amount of tokens that we require to purchase in order to risk just ten dollars alright if we’re just going in with 250 coins or a thousand coins we’re never ever going to be able to call in our threat reward and you’re going to absolutely screw yourself so ensure that you’re not doing that you need to have actually that set dollar quantity okay so that suggests that in order to find the capital requirement or the amount of cash that we need for this trade we need to take the amount of coins and multiply it by the entry rate which is this level here all right so in this case we’re going to take 175 coins multiplied by 3.35 which’s going to give us 587 dollars then we require to be able to get into this position when we’re using take advantage of the only thing it’s changing is just how much money we personally require to take into the trade so if I have a hundred dollar account and I use a 100x take advantage of that implies now I have ten thousand dollars to use okay due to the fact that if we only had a hundred dollar account alright this 587 is currently 5x the size of our money value of our account that makes it impossible all right so let’s visit purchase bit here let’s say 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 enjoy what happens when we open up our take advantage of fine and you’re gon na get this caution that the liquidation is high alright 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 utilize for this position is twelve dollars which is 12 of our entire account fine so this leverage capability is altering absolutely nothing about the threat profile on the trade all right if you plan on trading anyways use the recommendation Link in the description okay each week we do a giveaway where anyone trading with 50k volume or greater is

going to be instantly gone into to win a hundred dollars each week we’re picking 3 winners a week okay we’re attempting to offer the fees that we’re collecting from the affiliate program back into the neighborhood for you men trading with us connect is listed below you can have a look at our Discord where we announce the winners okay before we hop into the trading system that you can utilize to begin taking these trades I want to review the guidelines that I would advise using when growing a little account okay so the first guideline is start with the dollar quantity risk per trade 10 of starting balance on a hundred dollar account usage that 10 dollar danger fine each time you double the account so when you go to 100 as much as 200 all right you want to move that as much as the 10 of the 200 moving it to the 20 per trade threshold get comfy with the dollar amount and utilize that there up until we scale our account up a bit bigger the 3rd thing and this is super essential is everybody has a psychological threshold when it pertains to just how much cash they’re comfortable risking if I’m taking a look 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 states you’re going to start feeling a bit emotional about the trades which’s something that you actually wish to prevent until you come comfy doing that all right so say you work your method up to 200 to 500 to a thousand okay and then ten percent of a thousand is a hundred dollars per trade and that’s too much for you alright you can stroll that back down to fifty dollars per trade choice that fixed amount when you want to maintain your capital and just pick an objective each day on

the money that you wish to make as soon as you get up to a comfy threshold where it’s fitting your income goals so for me personally you understand I like to make three that 3 to 5 thousand dollars each week so I’m using you know 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 understand a couple years from now go up to a thousand shot to make three to 5 thousand per trade and try to double my earnings alright so let’s get into the support of the real trading this is a system that I have actually been trading the markets with for the past couple months that have actually absolutely been nailing trades with I’m gon na reveal you one of the setups that I had on xrp when I was in fact in Dubai alright however what I wish to do is find a location where I have actually a newly established uptrend first thing that I wish to do is determine my wave count okay so if this is our beginning

very first pullback is 2 largest waves as much as 3 pullback is 4 and then the high is five and the method we can search for the top of five is by utilizing 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 then discover my element 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 rate action boils down through