With low exchange costs. Okx бонус за регистрацию … With an account at, you can easily purchase crypto utilizing a card, savings account, or mobile wallet. When participating in staking or conserving functions, it likewise provides exceptionally high yields in some cases.
was founded in 2017 and preserves a headquarters in Seychelles, with extra workplaces around the world. According to CoinMarketCap, is the 18th biggest cryptocurrency exchange in the world by volume.
The site claims over 20 million users in more than 100 countries. They do not take users from the United States due to regulative and compliance issues.
You can produce an account that offers you access to trade 343 area currencies if you’re in a location that works with OKX.
Supports margin loaning, making cryptocurrency through staking and cost savings, cryptocurrency-backed loans, and advanced products, such as mining swimming 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 place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s not enough space to list them all in our OKX review. There are 343 currencies on the exchange total.
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 might certify for discounts.
One huge disadvantage of is that it doesn’t disclose charges for deposits and withdrawals. While much of is transparent, concealed expense details are a warning that might send you to another exchange with transparent fee schedules.
Cryptocurrency transactions are normally one-way and can’t be reversed, so always double-check deal information prior to proceeding. If you inadvertently send funds to the incorrect wallet address, you likely will not recover any funds.
Cryptocurrency exchanges have some special security concerns you don’t typically face with conventional banking platforms. However, the very best practices for keeping your financial accounts secure are comparable. These consist of using strong passwords unique to every website and app alongside a multifactor authentication app to keep hackers out of your funds.
OKX uses industry-standard security practices, including cold storage for most customer properties. It likewise has offers additional features like the capability 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. If you’ve ever signed up for another cryptocurrency exchange or stock market brokerage account, you will find a familiar experience at OKX.
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 offering our position which we wish to take revenue at this level what we want to do is discover the difference between these worths which’s going to offer us.057 then we’re going to take the dollar quantity danger we wish to risk per trade which in this case is ten dollars and we’re going to divide it by the Okx бонус за регистрацию
difference between the entry and the stop all right which’s going to give us the quantity of tokens that we need to buy in order to run the risk of only ten dollars alright if we’re simply going in with 250 coins or a thousand coins we’re never ever going to be able to call in our danger reward and you’re going to absolutely screw yourself so ensure that you’re not doing that you need to have that set dollar amount okay so that indicates that in order to find the capital requirement or the amount of money that we require for this trade we have to take the quantity of coins and increase it by the entry price which is this level here alright so in this case we’re going to take 175 coins increased by 3.35 and that’s going to provide us 587 dollars then we need to be able to enter into this position when we’re utilizing take advantage of the only thing it’s changing is just how much money we personally need to take into the trade so if I have a hundred dollar account and I use a 100x utilize that means now I have 10 thousand dollars to use all right since if we only had a hundred dollar account fine this 587 is already 5x the size of our money worth of our account that makes it impossible all right so let’s visit purchase bit here let’s say we wish 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 see what happens when we open our leverage 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 running the risk of that ten dollars you are safe and you’re doing the best thing okay so now only thing that we need to use for this position is twelve dollars which is 12 of our entire account okay so this leverage capability is altering absolutely nothing about the danger profile on the trade fine if you intend on trading anyways utilize the referral Link in the description all right every week we do a free gift where anybody trading with 50k volume or higher is
going to be immediately gotten in to win a hundred dollars each week we’re choosing three winners a week okay we’re attempting to provide the charges that we’re gathering from the affiliate program back into the community for you men trading with us connect is listed below you can take a look at 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 discuss the rules that I would recommend using when growing a little account alright so the very first rule is begin with the dollar amount threat per trade 10 of beginning balance on a hundred dollar account use that ten dollar threat all right each time you double the account so when you go to 100 as much as 200 alright you wish to move that approximately the 10 of the 200 moving it to the 20 per trade limit get comfortable with the dollar amount and use that there until we scale our account up a bit larger the 3rd thing and this is incredibly essential is everyone has a psychological limit when it comes to just how much cash they’re comfortable running the risk of if I’m taking a look at losing 500 like this 500 500 where I lose three trades in a row I don’t care who you are or what the math states you’re going to start feeling a little bit psychological about the trades which’s something that you actually want to avoid up until you come comfy doing that all right so state you work your way as much as 200 to 500 to a thousand all right and after that ten percent of a thousand is a hundred dollars per trade which’s excessive for you alright you can stroll that back down to fifty dollars per trade choice that repaired amount as soon as you want to maintain your capital and just pick an objective per day on
the cash that you want to make when you get up to a comfy threshold where it’s fitting your income objectives so for me personally you know I like to make three that three to five thousand dollars per 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 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 okay so let’s get into the support of the actual 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 reveal you one of the setups that I had on xrp when I was really in Dubai fine however what I wish to do is discover an area where I have actually a newly established uptrend first thing that I want to do is identify my wave count okay so if this is our start
first pullback is 2 largest waves as much as three pullback is 4 and then the high is 5 and the method 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 value I’m gon na click on this link click back here and after that find 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