With low exchange fees. Okx Sand 買い方 … With an account at, you can quickly purchase crypto using a card, bank account, or mobile wallet. It likewise provides incredibly high yields in many cases when participating in staking or saving features.
was founded in 2017 and keeps a headquarters in Seychelles, with additional offices all over the world. According to CoinMarketCap, is the 18th biggest cryptocurrency exchange worldwide by volume.
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The website claims over 20 million users in more than 100 countries. They don’t take users from the United States due to regulatory and compliance issues.
If you’re in a location that deals with OKX, you can create an account that provides you access to trade 343 area currencies.
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Supports margin borrowing, earning cryptocurrency through staking and cost savings, cryptocurrency-backed loans, and advanced items, 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 main location for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s not enough room to note them all in our OKX review. 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
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 big disadvantage of is that it does not divulge costs for withdrawals and deposits. While much of is transparent, concealed expense details are a red flag that might send you to another exchange with transparent fee schedules.
Security
Cryptocurrency transactions are normally one-way and can’t be reversed, so constantly double-check deal information prior to continuing. If you accidentally send funds to the wrong wallet address, you likely will not recover any funds.
Cryptocurrency exchanges have some unique security issues you don’t usually confront with standard banking platforms. The best practices for keeping your monetary accounts protected are similar. These include using strong passwords distinct to every site and app alongside a multifactor authentication app to keep hackers out of your funds.
OKX uses industry-standard security practices, including cold storage for a lot of client assets. It likewise has deals extra features like the ability to establish a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is easy for anyone outside of 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 significance that if we’re wrong and it continues moving down we’re offering our position and that we want to take profit at this level what we want to do is find the distinction between these worths which’s going to offer us.057 then we’re going to take the dollar amount danger we want to risk per trade which in this case is 10 dollars and we’re going to divide it by the Okx Sand 買い方
distinction between the entry and the stop alright which’s going to give us the quantity of tokens that we require to buy in order to run the risk of only 10 dollars all right if we’re just sharing 250 coins or a thousand coins we’re never ever going to have the ability to dial in our threat reward and you’re going to definitely screw yourself so ensure that you’re refraining from doing that you need to have that set dollar quantity okay so that suggests that in order to discover the capital requirement or the quantity of money that we require for this trade we need to take the amount of coins and multiply it by the entry cost 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 get into this position when we’re using take advantage of 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 utilize a 100x utilize that suggests now I have ten thousand dollars to use okay since if we only had a hundred dollar account okay this 587 is currently 5x the size of our cash value of our account which makes it difficult fine so let’s visit buy bit here let’s say we want to take this ape trade here fine we need 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 leverage all right and you’re gon na get this warning that the liquidation is high alright as long as you’re quantifying 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 fine so this utilize capability is altering nothing about the danger profile on the trade all right if you intend on trading anyways use the referral Link in the description alright each week we do a free gift where anybody trading with 50k volume or higher is
going to be instantly gone into to win a hundred dollars per week we’re choosing 3 winners a week okay we’re attempting to provide the costs that we’re collecting from the affiliate program back into the neighborhood for you people trading with us connect is below you can check out our Discord where we reveal the winners okay prior to we hop into the trading system that you can use to start taking these trades I wish to discuss the guidelines that I would recommend using when growing a small account alright so the very first rule is begin with the dollar quantity danger per trade 10 of starting balance on a hundred dollar account use that 10 dollar threat fine each time you double the account so when you go to 100 as much as 200 alright you wish to move that up to the 10 of the 200 moving it to the 20 per trade limit get comfy with the dollar quantity and utilize that there until we scale our account up a bit larger the 3rd thing and this is very crucial is everybody has a mental limit when it comes to just how much cash they’re comfortable risking 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 mathematics states you’re going to start feeling a little bit psychological about the trades and that’s something that you really want to avoid up until you come comfy doing that fine so say you work your way up to 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 back down to fifty dollars per trade choice that fixed quantity as soon as you wish to preserve your capital and just select a goal each day on
the cash that you want to make as soon as you get up to a comfortable threshold where it’s fitting your earnings objectives so for me personally you know I like to make 3 that 3 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 then I’ll increase it you understand 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 into the bread and butter of the actual 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 alright however what I want to do is discover a location where I have actually a recently established uptrend first thing that I want to do is recognize my wave count fine so if this is our start
first pullback is 2 largest waves up to 3 pullback is 4 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 on this link click back here and then find my factor of one and you can see the price 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 boils down through