With low exchange fees. Okx 始め方 初心者 … With an account at, you can easily purchase crypto using a card, checking account, or mobile wallet. When taking part in staking or conserving functions, it likewise offers extremely high yields in some cases.
was founded in 2017 and maintains a head office in Seychelles, with extra offices all over the world. According to CoinMarketCap, is the 18th largest cryptocurrency exchange worldwide by volume.
The site declares over 20 million users in more than 100 nations. They don’t take users from the United States due to regulative and compliance issues.
You can produce an account that provides you access to trade 343 spot currencies if you’re in an area that works with OKX.
likewise supports margin borrowing, earning cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced items, such as mining pools and its own blockchain, called OKExChain. could work as an exchange you use 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 review. There are 343 currencies on the exchange overall.
Currencies traded on by volume:
breaks currencies down into various prices tiers that differ 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 receive discounts. Choices, futures, and swaps have their own rate schedules with differing fees.
One big drawback of is that it doesn’t divulge costs for deposits and withdrawals. While much of is transparent, hidden cost information are a warning that may send you to another exchange with transparent cost schedules.
Cryptocurrency transactions are typically one-way and can’t be reversed, so constantly double-check deal information before continuing. You likely will not recover any funds if you inadvertently send funds to the wrong wallet address.
Cryptocurrency exchanges have some distinct security concerns you don’t typically face with conventional banking platforms. However, the best practices for keeping your monetary accounts protected are comparable. These consist of utilizing strong passwords distinct to every website and app along with a multifactor authentication app to keep hackers out of your funds.
OKX utilizes industry-standard security practices, including freezer for most client possessions. It likewise has deals additional features 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 buy 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 want to take earnings at this level what we wish to do is discover the distinction in between these values which’s going to give us.057 then we’re going to take the dollar amount danger we want to risk per trade which in this case is ten dollars and we’re going to divide it by the Okx 始め方 初心者
difference between the entry and the stop all right and that’s going to offer us the amount of tokens that we need to buy 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 going to be able to call in our threat 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 fine so that means that in order to discover the capital requirement or the quantity of cash that we require for this trade we need to take the amount of coins and increase it by the entry price which is this level here all right so in this case we’re going to take 175 coins increased by 3.35 and that’s going to give us 587 dollars then we require to be able to enter this position when we’re utilizing take advantage of the only thing it’s changing is just how much money we personally need to put into the trade so if I have a hundred dollar account and I use a 100x utilize that suggests now I have ten thousand dollars to utilize alright due to the fact that if we only had a hundred dollar account okay this 587 is already 5x the size of our cash worth of our account that makes it impossible okay so let’s visit purchase bit here let’s state 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 happens when we open our utilize fine 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 ideal thing all right so now just thing that we need to use for this position is twelve dollars which is 12 of our whole account all right so this utilize ability is altering absolutely nothing about the danger profile on the trade alright if you plan on trading anyways utilize the recommendation Link in the description fine each week we do a free gift where anybody trading with 50k volume or greater is
going to be automatically gone into to win a hundred dollars weekly we’re selecting three winners a week all right we’re trying to provide the charges that we’re collecting from the affiliate program back into the neighborhood for you people trading with us link is below you can have a look at our Discord where we announce the winners alright prior to we hop into the trading system that you can use to begin taking these trades I wish to go over the rules that I would recommend using when growing a small account all right so the first rule is begin with the dollar quantity danger per trade 10 of starting balance on a hundred dollar account use that ten dollar threat all right each time you double the account so when you go to 100 as much as 200 all right you want 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 up until we scale our account up a bit larger the 3rd thing and this is very important is everybody has a psychological threshold when it concerns just how much cash they’re comfortable running the risk of 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 math says you’re going to start feeling a bit psychological about the trades and that’s something that you actually want to avoid till you come comfortable doing that alright so state you work your method approximately 200 to 500 to a thousand okay and then ten percent of a thousand is a hundred dollars per trade and that’s excessive for you all right you can walk that pull back to fifty dollars per trade choice that fixed quantity once you wish to maintain your capital and simply pick a goal per day on
the money that you want to make when you get up to a comfortable threshold where it’s fitting your income goals so for me personally you know I like to make three that three to five thousand dollars per week so I’m utilizing you learn about 2.5 percent of my whole account balance right around twenty thousand dollars that I keep in my account and then I’ll increase it you understand a couple years from now move up to a thousand shot to make three to five thousand per trade and attempt to double my earnings alright so let’s get into the support of the actual trading this is a system that I have actually been trading the marketplaces with for the past couple months that have actually definitely been nailing trades with I’m gon na show you among the setups that I had on xrp when I was actually in Dubai alright however what I wish to do is find an area where I have 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 two largest waves as much as three pullback is 4 and after that the high is 5 and the way we can look 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 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 increase to the high of one if our price action comes down through