With low exchange fees. Revisão Okx … With an account at, you can easily purchase crypto using a card, bank account, or mobile wallet. When participating in staking or conserving features, it also provides incredibly high yields in some cases.
was founded in 2017 and maintains a head office in Seychelles, with extra offices around the world. According to CoinMarketCap, is the 18th biggest cryptocurrency exchange on the planet by volume.
The website declares over 20 million users in more than 100 countries. They do not take users from the United States due to regulative and compliance concerns.
If you remain in an area that deals with OKX, you can develop an account that provides you access to trade 343 spot currencies.
Supports margin borrowing, making 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 use in addition to a third-party cryptocurrency wallet or your main place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s insufficient space to list them all in our OKX evaluation. There are 343 currencies on the exchange overall.
Currencies traded on by volume:
breaks currencies down into various pricing tiers that vary based upon trade volume and account holdings. For area trades, the most you will pay is 0.10%. High-volume traders and those with a big holding in the OKB currency may qualify for discount rates. Choices, futures, and swaps have their own rate schedules with varying charges.
One huge downside of is that it doesn’t divulge charges for deposits and withdrawals. While much of is transparent, hidden expense details are a warning that may send you to another exchange with transparent cost schedules.
Cryptocurrency transactions are normally one-way and can’t be reversed, so always double-check deal information before proceeding. You likely won’t recover any funds if you accidentally send out funds to the incorrect wallet address.
Cryptocurrency exchanges have some unique security concerns you do not normally face with conventional banking platforms. The finest practices for keeping your financial accounts safe and secure are comparable. These include utilizing strong passwords distinct to every website and app alongside a multifactor authentication app to keep hackers out of your funds.
OKX utilizes industry-standard security practices, including freezer for a lot of consumer assets. It also has deals additional features like the capability 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 find a familiar experience at OKX if you’ve 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 selling our position and that we want to take revenue at this level what we wish to do is discover the distinction in between these worths and that’s going to give us.057 then we’re going to take the dollar quantity risk we wish to run the risk of per trade which in this case is ten dollars and we’re going to divide it by the Revisão Okx
distinction between the stop and the entry fine and that’s going to offer us the quantity of tokens that we require to purchase in order to run the risk of just ten dollars fine if we’re just going in with 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 make certain that you’re not doing that you require to have actually that set dollar amount alright so that means that in order to discover the capital requirement or the quantity of cash that we need for this trade we have to take the amount of coins and multiply it by the entry rate which is this level here fine so in this case we’re going to take 175 coins multiplied by 3.35 which’s going to offer us 587 dollars then we need to be able to enter into this position when we’re using take advantage of the only thing it’s altering 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 suggests now I have ten 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 cash worth of our account that makes it impossible all right so let’s go over to buy bit here let’s say 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 enjoy what takes place when we open up our take advantage of fine 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 best thing all right so now only thing that we require to use for this position is twelve dollars which is 12 of our whole account okay so this leverage capability is altering nothing about the risk profile on the trade alright if you intend on trading anyways use the referral Link in the description okay weekly we do a giveaway where anybody trading with 50k volume or greater is
going to be automatically gotten in to win a hundred dollars per week we’re selecting 3 winners a week fine we’re trying to provide the charges that we’re collecting from the affiliate program back into the neighborhood for you men trading with us connect is below you can take a look at our Discord where we reveal the winners all right before we hop into the trading system that you can use to start taking these trades I wish to review the guidelines that I would recommend using when growing a small account okay so the very first rule is begin with the dollar amount threat per trade 10 of starting balance on a hundred dollar account use that ten dollar risk all right each time you double the account so when you go to 100 as much as 200 okay you wish to move that approximately the 10 of the 200 moving it to the 20 per trade threshold get comfy with the dollar quantity and utilize that there till we scale our account up a little bit larger the 3rd thing and this is extremely essential is everybody has a psychological threshold when it concerns 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 trades in a row I don’t care who you are or what the mathematics states you’re going to start feeling a bit psychological about the trades and that’s something that you really want to prevent till you come comfortable doing that okay so say 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 all right you can stroll that pull back to fifty dollars per trade pick that fixed amount when you want to preserve your capital and just choose a goal per day on
the cash that you wish to make when you get up to a comfortable limit where it’s fitting your earnings goals so for me personally you understand I like to make 3 that three to 5 thousand dollars weekly so I’m utilizing 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 know a couple years from now go up to a thousand try to make 3 to five thousand per trade and attempt to double my earnings alright so let’s enter the support of the real trading this is a system that I have actually 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 actually in Dubai okay but what I wish to do is find a location where I have actually a freshly 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 way we can try to find the top of 5 is by utilizing a Fibonacci forecast off of our one wave so if this is our one worth 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 cost action comes down through