With low exchange fees. Okx биржа какой страны … With an account at, you can quickly purchase crypto utilizing a card, savings account, or mobile wallet. When getting involved in staking or saving functions, it likewise offers exceptionally high yields in some cases.
was founded in 2017 and maintains a head office in Seychelles, with extra offices around the globe. According to CoinMarketCap, is the 18th largest cryptocurrency exchange in the world by volume.
The site declares over 20 million users in more than 100 countries. They do not take users from the United States due to regulative and compliance issues.
If you remain in a location that works with OKX, you can develop an account that gives you access to trade 343 area currencies.
Supports margin loaning, making cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced items, such as mining pools and its own blockchain, called OKExChain. might work as an exchange you utilize 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 not enough room to note them all in our OKX review. There are 343 currencies on the exchange overall.
Currencies traded on by volume:
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 qualify for discount rates.
One huge disadvantage of is that it does not reveal fees for deposits and withdrawals. While much of is transparent, surprise expense details are a warning that might send you to another exchange with transparent cost schedules.
Cryptocurrency transactions are usually one-way and can’t be reversed, so constantly double-check transaction details prior to proceeding. You likely won’t recover any funds if you accidentally send funds to the wrong wallet address.
Cryptocurrency exchanges have some distinct security concerns you don’t typically confront with standard banking platforms. The best practices for keeping your financial accounts safe are comparable. These consist of utilizing strong passwords special to every website and app together with a multifactor authentication app to keep hackers out of your funds.
OKX uses industry-standard security practices, including freezer for a lot of customer assets. It also has deals additional features like the ability to establish a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is easy for anybody outside of 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.
wanted 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 which we want to take revenue at this level what we want to do is find the distinction in between these values and that’s going to give us.057 then we’re going to take the dollar quantity danger 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 Okx биржа какой страны
difference in between the stop and the entry alright and that’s going to offer us the quantity of tokens that we require to buy in order to run the risk of just 10 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 threat reward and you’re going to absolutely screw yourself so make sure that you’re refraining from doing that you require to have that set dollar quantity alright so that suggests that in order to find the capital requirement or the amount of money that we need for this trade we have to take the quantity of coins and multiply 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 offer us 587 dollars then we need to be able to get into this position when we’re using utilize the only thing it’s changing is just how much money we personally require to put into the trade so if I have a hundred dollar account and I use a 100x leverage that means now I have ten thousand dollars to utilize okay since if we only had a hundred dollar account okay this 587 is already 5x the size of our money worth of our account which makes it difficult alright so let’s go over to purchase bit here let’s say we want to take this ape trade here okay we need 175 coins we can see right here our Capital requirement for this position is 586 dollars now view what occurs when we open our take advantage of all right 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 running the risk of that 10 dollars you are safe and you’re doing the best thing alright so now just thing that we require to use for this position is twelve dollars which is 12 of our whole account all right so this take advantage of ability is changing absolutely nothing about the danger profile on the trade alright if you intend on trading anyways use the referral Link in the description all right weekly we do a giveaway where anyone trading with 50k volume or higher is
going to be immediately gone into to win a hundred dollars per week we’re picking 3 winners a week all right we’re trying to give the charges that we’re gathering from the affiliate program back into the community for you people trading with us connect is listed below you can check out our Discord where we announce the winners alright prior to we hop into the trading system that you can use to start taking these trades I want to go over the rules that I would advise using when growing a little account alright so the very first rule is begin with the dollar amount danger per trade 10 of starting balance on a hundred dollar account use that ten dollar danger alright each time you double the account so when you go to 100 up to 200 alright you wish to move that approximately 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 third thing and this is super important is everybody has a mental threshold when it comes to how much money they’re comfortable risking 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 bit emotional about the trades and that’s something that you actually want to prevent till you come comfy doing that okay so say you work your method as much as 200 to 500 to a thousand okay and after that ten percent of a thousand is a hundred dollars per trade which’s too much for you alright you can walk that pull back to fifty dollars per trade choice that repaired quantity once you want to preserve your capital and just choose a goal each day on
the cash 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 weekly so I’m using you know about 2.5 percent of my entire 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 move up to a thousand shot to make three to five thousand per trade and try to double my earnings 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 actually 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 a location where I have actually a newly developed uptrend first thing that I wish to do is recognize my wave count all right so if this is our start
first pullback is 2 largest waves up to 3 pullback is 4 and after that the high is 5 and the way we can search for the top of five is by using 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 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 cost action boils down through