Get Can You Set A Buy Order On Okx – Cryptocurrency No Fee

With low exchange charges. Can You Set A Buy Order On Okx … With an account at, you can easily purchase crypto using a card, bank account, or mobile wallet. When participating in staking or saving features, it likewise provides remarkably high yields in some cases.

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

You can create an account that provides you access to trade 343 spot currencies if you’re in a location that works with OKX.
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Supports margin loaning, earning cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced products, such as mining swimming pools and its own blockchain, called OKExChain. could work as an exchange you utilize in addition to a third-party cryptocurrency wallet or your primary location for crypto-related activities.

Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s inadequate 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 pricing 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 large holding in the OKB currency might get approved for discounts. Swaps, futures, and choices have their own rate schedules with differing charges.

One big downside of is that it doesn’t disclose costs for withdrawals and deposits. 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 transaction information before continuing. You likely will not recover any funds if you accidentally send out funds to the incorrect wallet address.
Cryptocurrency exchanges have some special security concerns you don’t normally face with traditional banking platforms. However, the best practices for keeping your financial accounts safe and secure are comparable. These consist of using strong passwords distinct to every site and app together with a multifactor authentication app to keep hackers out of your funds.

OKX utilizes industry-standard security practices, including cold storage for a lot of customer assets. 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 easy for anybody outside of the United States. You will find a familiar experience at OKX if you’ve ever signed up for another cryptocurrency exchange or stock market brokerage account.

wished 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 wish to take revenue at this level what we want to do is discover the difference between these worths which’s going to offer 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 Can You Set A Buy Order On Okx

difference between the stop and the entry all right which’s going to give 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 be able to dial in our risk reward and you’re going to absolutely screw yourself so make sure that you’re refraining from doing that you need to have that set dollar quantity fine so that means that in order to find the capital requirement or the quantity of money that we need for this trade we need to take the quantity of coins and increase it by the entry price 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 provide us 587 dollars then we need to be able to enter into this position when we’re using utilize the only thing it’s altering is how much money we personally need to put into the trade so if I have a hundred dollar account and I utilize a 100x leverage that suggests now I have 10 thousand dollars to utilize alright because if we only had a hundred dollar account all right this 587 is already 5x the size of our cash worth of our account which makes it impossible fine so let’s visit buy bit here let’s state we wish to take this ape trade here all right we require 175 coins we can see right here our Capital requirement for this position is 586 dollars now view what occurs when we open our leverage alright and you’re gon na get this caution that the liquidation is high alright as long as you’re measuring you’re entering your exit and you’re running the risk of that 10 dollars you are safe and you’re doing the ideal thing fine so now only thing that we need to utilize for this position is twelve dollars which is 12 of our entire account okay so this leverage ability is altering nothing about the threat profile on the trade okay if you intend on trading anyways utilize the recommendation Link in the description okay each week we do a free gift where anyone trading with 50k volume or higher is

going to be automatically gone into to win a hundred dollars each week we’re picking three winners a week fine we’re trying to give the charges that we’re collecting from the affiliate program back into the neighborhood for you people trading with us link is listed below you can have a look at our Discord where we announce the winners alright before we hop into the trading system that you can use to start taking these trades I want to discuss the rules that I would advise utilizing when growing a small account fine so the first guideline is start with the dollar amount danger per trade 10 of beginning balance on a hundred dollar account usage that 10 dollar risk all right each time you double the account so when you go to 100 up to 200 okay you wish to move that approximately the 10 of the 200 moving it to the 20 per trade limit get comfortable with the dollar quantity and utilize that there till we scale our account up a bit bigger the 3rd thing and this is super crucial is everybody has a psychological threshold when it pertains to just 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 start feeling a little bit emotional about the trades which’s something that you really want to avoid till you come comfortable doing that alright so state you work your method approximately 200 to 500 to a thousand all right and then ten percent of a thousand is a hundred dollars per trade and that’s too much for you fine you can stroll that back down to fifty dollars per trade choice that fixed amount when you wish to maintain your capital and just choose a goal per day on

the money that you wish to make once you get up to a comfy limit where it’s fitting your income objectives so for me personally you know I like to make 3 that three to 5 thousand dollars each week so I’m using you understand 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 move up to a thousand try to make 3 to five thousand per trade and attempt to double my earnings okay so let’s get into the support of the real 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 really in Dubai alright however what I wish to do is discover a location where I have a newly established uptrend first thing that I want to do is determine my wave count alright so if this is our beginning

first pullback is 2 biggest waves as much as three pullback is 4 and after that the high is 5 and the method 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 here click back here and after that discover my factor of one and you can see the rate 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 price action comes down through