With low exchange fees. Why Can’t I Login To Okx … With an account at, you can easily purchase crypto utilizing a card, checking account, or mobile wallet. When taking part in staking or saving functions, it also uses extremely high yields in some cases.
was founded in 2017 and preserves a head office in Seychelles, with extra workplaces around the globe. According to CoinMarketCap, is the 18th biggest cryptocurrency exchange on the planet by volume.
The website claims over 20 million users in more than 100 nations. They do not take users from the United States due to regulatory and compliance concerns.
If you remain in an area that deals with OKX, you can develop an account that offers you access to trade 343 spot currencies.
Supports margin loaning, earning cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced products, such as mining swimming pools and its own blockchain, called OKExChain. might work as an exchange you utilize in addition to a third-party cryptocurrency wallet or your primary place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s insufficient 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 pricing tiers that vary based upon trade volume and account holdings. For spot trades, the most you will pay is 0.10%. High-volume traders and those with a big holding in the OKB currency may receive discounts. Alternatives, futures, and swaps have their own rate schedules with varying costs.
One huge drawback of is that it doesn’t disclose charges for withdrawals and deposits. While much of is transparent, covert expense information are a warning that might send you to another exchange with transparent cost schedules.
Cryptocurrency transactions are typically one-way and can’t be reversed, so constantly double-check transaction information prior to continuing. If you inadvertently send out funds to the wrong wallet address, you likely won’t recuperate any funds.
Cryptocurrency exchanges have some distinct security issues you do not generally face with conventional banking platforms. The best practices for keeping your financial accounts safe and secure are comparable. These include utilizing strong passwords unique 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 freezer for most customer assets. It also has offers additional functions like the ability to set up a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is simple for anyone beyond the United States. You will discover a familiar experience at OKX if you’ve ever signed up for another cryptocurrency exchange or stock market brokerage account.
wished 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 earnings at this level what we want to do is discover the difference in between these values which’s going to give us.057 then we’re going to take the dollar amount threat 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 Why Can’t I Login To Okx
difference in between the entry and the stop alright which’s going to provide us the amount of tokens that we require 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 ever going to be able to dial in our risk benefit and you’re going to definitely screw yourself so make sure that you’re not doing that you need to have that set dollar amount alright so that indicates that in order to discover the capital requirement or the amount 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 increased by 3.35 which’s going to offer us 587 dollars then we need to be able to get into this position when we’re using take advantage of the only thing it’s altering is how much money we personally require to put into the trade so if I have a hundred dollar account and I utilize a 100x leverage that means now I have ten thousand dollars to utilize all right due to the fact that if we just had a hundred dollar account alright this 587 is currently 5x the size of our cash worth of our account that makes it impossible okay 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 see what occurs when we open our take advantage of okay and you’re gon na get this warning 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 right thing alright so now just thing that we need to utilize for this position is twelve dollars which is 12 of our whole account fine so this utilize capability is altering nothing about the risk profile on the trade okay if you plan on trading anyways use the recommendation Link in the description fine each week we do a giveaway where anybody trading with 50k volume or greater is
going to be automatically gone into to win a hundred dollars weekly we’re picking three winners a week okay we’re trying to give the fees that we’re collecting from the affiliate program back into the neighborhood for you people trading with us link is below you can check out our Discord where we announce the winners okay prior to we hop into the trading system that you can utilize to start taking these trades I want to review the rules that I would recommend utilizing when growing a small account okay so the first rule is begin with the dollar quantity risk per trade 10 of starting balance on a hundred dollar account usage that 10 dollar risk all right each time you double the account so when you go to 100 approximately 200 okay you want to move that as much as the 10 of the 200 moving it to the 20 per trade limit get comfortable with the dollar quantity and use that there till we scale our account up a little bit bigger the third thing and this is incredibly essential is everyone has a psychological limit when it concerns 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 math says you’re going to start feeling a little bit psychological about the trades which’s something that you truly want to prevent till you come comfy doing that fine so say you work your method approximately 200 to 500 to a thousand alright and after that ten percent of a thousand is a hundred dollars per trade and that’s too much for you alright you can stroll that pull back to fifty dollars per trade pick that repaired amount once you want to maintain your capital and just select an objective per day on
the money that you want to make as soon as you get up to a comfortable threshold where it’s fitting your income objectives so for me personally you understand I like to make three that three to five thousand dollars weekly so I’m using you learn about 2.5 percent of my whole account balance right around twenty thousand dollars that I keep in my account and after that I’ll increase it you understand a couple years from now go up to a thousand try to make 3 to five thousand per trade and attempt to double my income okay so let’s enter 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 reveal you among the setups that I had on xrp when I was actually in Dubai alright however what I want to do is find a location where I have a freshly established uptrend first thing that I wish to do is recognize my wave count fine so if this is our beginning
very first pullback is 2 largest waves up to three pullback is 4 and then the high is five and the method we can try to find the top of five is by using 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 find 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 rate action boils down through