With low exchange charges. Okx Fx 手数料 … With an account at, you can quickly buy crypto using a card, checking account, or mobile wallet. When taking part in staking or saving functions, it likewise uses extremely high yields in some cases.
was founded in 2017 and maintains a headquarters in Seychelles, with extra workplaces worldwide. According to CoinMarketCap, is the 18th biggest cryptocurrency exchange on the planet 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 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.
likewise supports margin loaning, earning cryptocurrency through staking and cost savings, cryptocurrency-backed loans, and advanced products, such as mining 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 not enough space to note them all in our OKX review. There are 343 currencies on the exchange overall.
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 may certify for discount rates.
One huge disadvantage of is that it does not disclose costs for deposits and withdrawals. While much of is transparent, hidden cost information are a warning that might send you to another exchange with transparent charge schedules.
Cryptocurrency deals are generally one-way and can’t be reversed, so constantly double-check deal information before proceeding. You likely won’t recover any funds if you mistakenly send funds to the incorrect wallet address.
Cryptocurrency exchanges have some special security concerns you do not usually confront with conventional banking platforms. Nevertheless, the very best practices for keeping your monetary accounts safe and secure are similar. These include using strong passwords special to every website and app along with a multifactor authentication app to keep hackers out of your funds.
OKX uses industry-standard security practices, consisting of cold storage for the majority of consumer properties. It also has deals extra features like the capability to set up a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is easy 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 offering our position and that we wish to take revenue at this level what we wish to do is discover the distinction in between these values which’s going to provide us.057 then we’re going to take the dollar quantity risk we want to risk per trade which in this case is ten dollars and we’re going to divide it by the Okx Fx 手数料
difference in between the stop and the entry alright and that’s going to give us the amount of tokens that we require to purchase in order to risk only 10 dollars okay if we’re simply sharing 250 coins or a thousand coins we’re never going to be able to dial in our danger benefit and you’re going to absolutely screw yourself so ensure that you’re not doing that you require to have that set dollar quantity alright so that implies that in order to find the capital requirement or the quantity of money that we need for this trade we have to take the quantity of coins and increase it by the entry rate which is this level here okay 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 using take advantage of the only thing it’s changing is how much cash we personally need 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 10 thousand dollars to utilize okay since if we only had a hundred dollar account alright this 587 is already 5x the size of our money value of our account which makes it difficult alright so let’s go over to buy bit here let’s say we want to take this ape trade here alright we need 175 coins we can see right here our Capital requirement for this position is 586 dollars now enjoy what takes place when we open our utilize okay 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 ten dollars you are safe and you’re doing the ideal 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 take advantage of capability is changing nothing about the danger profile on the trade all right if you intend on trading anyways utilize 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 gone into to win a hundred dollars weekly we’re choosing three winners a week alright we’re attempting to offer the charges that we’re gathering from the affiliate program back into the neighborhood for you people trading with us connect is below you can have a look at our Discord where we reveal the winners okay prior to we hop into the trading system that you can use to begin taking these trades I wish to review the rules that I would suggest using when growing a little account okay so the first rule is begin with the dollar quantity threat per trade 10 of starting balance on a hundred dollar account use that 10 dollar threat all right each time you double the account so when you go to 100 approximately 200 fine you wish to move that as much as the 10 of the 200 moving it to the 20 per trade threshold get comfortable with the dollar amount and utilize that there until we scale our account up a little bit bigger the 3rd thing and this is very important is everyone has a mental limit when it comes to just how much money they’re comfortable running the risk of if I’m taking a look at losing 500 like this 500 500 where I lose 3 sell a row I don’t care who you are or what the mathematics states you’re going to start feeling a little bit emotional about the trades and that’s something that you really want to prevent until you come comfortable doing that okay so state 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 all right you can walk that back down to fifty dollars per trade pick that fixed amount once you wish to protect your capital and simply pick an objective each day on
the cash that you wish to make as soon as you get up to a comfy limit where it’s fitting your earnings objectives so for me personally you understand I like to make 3 that three to five thousand dollars each 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 3 to 5 thousand per trade and try to double my income fine so let’s get into the bread and butter of the real trading this is a system that I’ve been trading the marketplaces with for the past couple months that have absolutely been nailing trades with I’m gon na reveal you one of the setups that I had on xrp when I was really in Dubai fine however what I want to do is find an area where I have a freshly established uptrend first thing that I want to do is recognize my wave count all right so if this is our start
very first pullback is 2 biggest waves approximately 3 pullback is four and after that the high is five and the method we can look for the top of five is by using 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 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