With low exchange charges. Okx 使い方 レバレッジ … With an account at, you can quickly buy crypto using a card, savings account, or mobile wallet. It also offers extremely high yields in many cases when taking part in staking or conserving functions.
was founded in 2017 and keeps a head office in Seychelles, with extra offices worldwide. According to CoinMarketCap, is the 18th largest cryptocurrency exchange in the world by volume.
The site claims 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 create an account that offers you access to trade 343 spot currencies if you’re in an area that works with OKX.
Supports margin loaning, making cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced items, 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 insufficient room to note them all in our OKX review. There are 343 currencies on the exchange total.
Currencies traded on by volume:
For area 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 discounts.
One big downside of is that it does not divulge charges for withdrawals and deposits. While much of is transparent, covert cost details are a warning that might send you to another exchange with transparent cost schedules.
Cryptocurrency deals are generally one-way and can’t be reversed, so constantly double-check deal details before continuing. You likely won’t recover any funds if you mistakenly send out funds to the wrong wallet address.
Cryptocurrency exchanges have some distinct security issues you don’t normally confront with conventional banking platforms. The finest practices for keeping your monetary accounts protected are comparable. These include using strong passwords distinct to every website 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 consumer assets. It also has offers extra 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 have actually ever signed up for another cryptocurrency exchange or stock market brokerage account.
wished 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 wish to take earnings at this level what we want to do is discover the difference between these worths and that’s going to offer us.057 then we’re going to take the dollar quantity threat we want to risk per trade which in this case is ten dollars and we’re going to divide it by the Okx 使い方 レバレッジ
distinction in between the entry and the stop all right and that’s going to provide us the amount of tokens that we need to purchase in order to risk only 10 dollars all right if we’re simply going in with 250 coins or a thousand coins we’re never going to have the ability to call in our danger reward and you’re going to definitely screw yourself so ensure that you’re not doing that you require to have that set dollar amount okay so that suggests that in order to find the capital requirement or the quantity 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 leverage the only thing it’s changing is how much money we personally require to take into the trade so if I have a hundred dollar account and I use a 100x leverage that implies now I have 10 thousand dollars to use all right due to the fact that if we only had a hundred dollar account all right this 587 is already 5x the size of our money worth of our account that makes it impossible okay 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 occurs when we open up our utilize fine and you’re gon na get this warning that the liquidation is high alright as long as you’re measuring you’re entering your exit and you’re risking that 10 dollars you are safe and you’re doing the right thing fine so now only thing that we require to use for this position is twelve dollars which is 12 of our whole account alright so this leverage ability is changing nothing about the threat profile on the trade fine if you intend on trading anyways utilize the recommendation Link in the description fine each week 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 choosing 3 winners a week all right we’re attempting to provide the charges that we’re collecting from the affiliate program back into the neighborhood for you guys trading with us link is below you can take a look at our Discord where we reveal the winners okay before we hop into the trading system that you can use to start taking these trades I wish to go over the guidelines that I would suggest utilizing when growing a little account all right so the very first rule is begin with the dollar quantity threat per trade 10 of beginning balance on a hundred dollar account use that ten dollar danger okay each time you double the account so when you go to 100 approximately 200 okay you wish to move that approximately the 10 of the 200 moving it to the 20 per trade limit get comfy with the dollar quantity and utilize that there till we scale our account up a bit bigger the 3rd thing and this is incredibly crucial is everybody has a mental threshold when it pertains to how much cash they’re comfortable risking if I’m looking at losing 500 like this 500 500 where I lose three trades in a row I don’t care who you are or what the math states you’re going to begin feeling a little bit emotional about the trades and that’s something that you really want to prevent till you come comfy doing that okay so say you work your way as much as 200 to 500 to a thousand fine and after that ten percent of a thousand is a hundred dollars per trade and that’s excessive for you fine you can walk that pull back to fifty dollars per trade pick that fixed quantity once you want to protect your capital and just select a goal each day on
the money that you want 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 3 that 3 to 5 thousand dollars each week so I’m utilizing you learn about 2.5 percent of my entire account balance right around twenty thousand dollars that I keep in my account and then I’ll increase it you know a couple years from now move up to a thousand shot to make three to 5 thousand per trade and try to double my earnings fine so let’s enter the support of the real trading this is a system that I’ve been trading the markets with for the past couple months that have actually absolutely been nailing trades with I’m gon na show you one of the setups that I had on xrp when I was in fact in Dubai fine however what I wish to do is discover a location where I have actually a recently established uptrend first thing that I wish to do is recognize my wave count okay so if this is our start
first pullback is 2 biggest waves up to three pullback is 4 and then the high is five and the method we can look for the top of five is by utilizing a Fibonacci forecast off of our one wave so if this is our one value I’m gon na click on this link click back here and after that discover my factor 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 price action comes down through