With low exchange costs. как торговать на Okx … With an account at, you can quickly purchase crypto using a card, checking account, or mobile wallet. When getting involved in staking or saving features, it also uses remarkably high yields in some cases.
was founded in 2017 and keeps a headquarters in Seychelles, with additional workplaces around the world. According to CoinMarketCap, is the 18th largest cryptocurrency exchange in the world by volume.
The site declares over 20 million users in more than 100 countries. They don’t take users from the United States due to regulative and compliance issues.
You can develop an account that provides you access to trade 343 area currencies if you’re in an area that works with OKX.
likewise supports margin loaning, making 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 place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s not enough room to note them all in our OKX evaluation. There are 343 currencies on the exchange total.
Currencies traded on by volume:
breaks currencies down into various prices 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 large holding in the OKB currency might qualify for discount rates. Choices, swaps, and futures have their own rate schedules with varying fees.
One big downside of is that it does not disclose charges for deposits and withdrawals. While much of is transparent, covert expense information are a warning that may send you to another exchange with transparent fee schedules.
Cryptocurrency transactions are usually one-way and can’t be reversed, so constantly double-check transaction information prior to proceeding. If you accidentally send funds to the incorrect wallet address, you likely will not recover any funds.
Cryptocurrency exchanges have some special security issues you don’t typically face with conventional banking platforms. The finest practices for keeping your monetary accounts 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 uses industry-standard security practices, consisting of freezer for the majority of client possessions. It likewise has deals extra functions 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. 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 meaning that if we’re wrong and it continues moving down we’re offering our position which we want to take profit at this level what we want to do is find the distinction between these worths which’s going to provide us.057 then we’re going to take the dollar quantity risk we want to run the risk of per trade which in this case is ten dollars and we’re going to divide it by the как торговать на Okx
distinction in between the entry and the stop okay and that’s going to give us the quantity of tokens that we require to purchase in order to risk just 10 dollars fine if we’re just sharing 250 coins or a thousand coins we’re never going to be able to call in our threat benefit 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 all right so that indicates that in order to find the capital requirement or the quantity of cash that we need for this trade we have to take the amount of coins and increase it by the entry price 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 need to be able to enter into this position when we’re using take advantage of the only thing it’s changing is how much money we personally require to put into the trade so if I have a hundred dollar account and I utilize a 100x take advantage of that indicates now I have ten thousand dollars to utilize alright because if we only had a hundred dollar account alright this 587 is currently 5x the size of our cash value of our account that makes it impossible okay so let’s go over to buy bit here let’s say we wish to take this ape trade here all right we need 175 coins we can see right here our Capital requirement for this position is 586 dollars now view what occurs when we open our take advantage of all right and you’re gon na get this warning that the liquidation is high all right 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 best thing alright so now only thing that we need to use for this position is twelve dollars which is 12 of our entire account fine so this utilize ability is changing absolutely nothing about the risk profile on the trade okay if you plan on trading anyways use the recommendation Link in the description fine weekly we do a free gift where anyone trading with 50k volume or greater is
going to be immediately entered to win a hundred dollars per week we’re selecting 3 winners a week alright we’re attempting to offer the costs that we’re gathering from the affiliate program back into the community for you people trading with us link is listed below you can check out our Discord where we reveal the winners all right prior to we hop into the trading system that you can use to begin taking these trades I want to discuss the rules that I would advise using when growing a small account okay so the very first rule is start with the dollar quantity risk per trade 10 of beginning balance on a hundred dollar account usage that 10 dollar threat alright each time you double the account so when you go to 100 as much as 200 alright you wish to move that approximately the 10 of the 200 moving it to the 20 per trade threshold get comfy with the dollar quantity and use that there till we scale our account up a little bit larger the third thing and this is extremely crucial is everybody has a psychological threshold when it concerns just 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 which’s something that you really wish to avoid up until you come comfy doing that fine so say you work your method approximately 200 to 500 to a thousand fine and then ten percent of a thousand is a hundred dollars per trade and that’s excessive for you fine you can walk that back down to fifty dollars per trade pick that repaired quantity once you want to maintain your capital and just select an objective each day on
the cash that you want to make when you get up to a comfy limit where it’s fitting your income objectives so for me personally you understand I like to make 3 that three 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 know a couple years from now go up to a thousand try to make 3 to five thousand per trade and try to double my income okay so let’s enter into the bread and butter 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 among the setups that I had on xrp when I was actually in Dubai all right but what I wish to do is discover a location where I have a newly developed uptrend first thing that I want to do is recognize my wave count fine so if this is our start
first pullback is two largest waves up to three pullback is four and then the high is 5 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 worth I’m gon na click here click back here and after that discover my element of one and you can see the cost 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 cost action comes down through