With low exchange fees. Okx クレジット カード … With an account at, you can easily buy crypto using a card, savings account, or mobile wallet. It likewise offers incredibly high yields sometimes when participating in staking or conserving functions.
was founded in 2017 and maintains a head office in Seychelles, with extra offices around the globe. According to CoinMarketCap, is the 18th biggest cryptocurrency exchange worldwide 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’re in a location that deals with OKX, you can produce an account that provides you access to trade 343 spot currencies.
Supports margin borrowing, making cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced products, 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 primary place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s inadequate space to list them all in our OKX review. There are 343 currencies on the exchange total.
Currencies traded on by volume:
breaks currencies down into various rates tiers that differ based on 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 might qualify for discounts. Futures, alternatives, and swaps have their own rate schedules with varying fees.
One big disadvantage of is that it doesn’t reveal charges for deposits and withdrawals. While much of is transparent, covert cost information are a red flag that may send you to another exchange with transparent charge schedules.
Cryptocurrency transactions are generally one-way and can’t be reversed, so always double-check transaction details before proceeding. If you inadvertently send out funds to the incorrect wallet address, you likely won’t recover any funds.
Cryptocurrency exchanges have some special security concerns you don’t normally confront with traditional banking platforms. However, the best practices for keeping your financial accounts protected are comparable. These consist of utilizing strong passwords distinct to every website and app along with a multifactor authentication app to keep hackers out of your funds.
OKX utilizes industry-standard security practices, including cold storage for many consumer properties. It likewise has offers extra functions like the ability to set up a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is easy for anybody beyond the United States. If you’ve ever signed up for another cryptocurrency exchange or stock exchange brokerage account, you will discover a familiar experience at OKX.
wished 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 wish to take profit at this level what we want to do is discover the difference between these values which’s going to offer us.057 then we’re going to take the dollar quantity threat we wish to risk per trade which in this case is ten dollars and we’re going to divide it by the Okx クレジット カード
distinction between the entry and the stop fine and that’s going to provide us the amount of tokens that we require to purchase in order to run the risk of only ten dollars fine if we’re simply sharing 250 coins or a thousand coins we’re never going to have the ability to call in our risk reward and you’re going to definitely screw yourself so make sure that you’re refraining from doing that you require to have actually that set dollar amount all right so that implies that in order to discover the capital requirement or the quantity of money that we require for this trade we have to take the quantity of coins and increase it by the entry cost which is this level here okay so in this case we’re going to take 175 coins multiplied by 3.35 and that’s going to give 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 need to put into the trade so if I have a hundred dollar account and I use a 100x utilize that suggests now I have 10 thousand dollars to utilize fine because if we only had a hundred dollar account all right this 587 is already 5x the size of our cash worth of our account which makes it impossible okay so let’s visit buy bit here let’s state we want to take this ape trade here all right we require 175 coins we can see right here our Capital requirement for this position is 586 dollars now watch what occurs when we open our leverage okay and you’re gon na get this caution that the liquidation is high fine as long as you’re measuring 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 all right 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 utilize ability is altering nothing about the threat profile on the trade okay if you intend on trading anyways utilize the recommendation Link in the description alright every week we do a free gift where anyone trading with 50k volume or greater is
going to be immediately gotten in to win a hundred dollars each week we’re selecting three winners a week alright we’re trying to give the costs that we’re gathering from the affiliate program back into the community for you guys trading with us connect is listed below you can have a look at 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 want to go over the guidelines that I would recommend using when growing a small account alright so the very first guideline is start with the dollar amount danger 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 up to 200 okay 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 bigger the third thing and this is super crucial is everybody has a psychological limit when it concerns 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 says you’re going to start feeling a little bit emotional about the trades and that’s something that you really want to avoid up until you come comfy doing that all right 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 which’s too much for you okay you can stroll that back down to fifty dollars per trade choice that repaired amount once you want to protect your capital and simply pick an objective each day on
the money 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 understand I like to make three that 3 to five thousand dollars per week so I’m utilizing you understand 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 shot to make 3 to 5 thousand per trade and attempt to double my earnings okay so let’s enter 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 among the setups that I had on xrp when I was actually in Dubai all right but what I want to do is discover an area where I have a newly established uptrend first thing that I wish to do is recognize my wave count fine so if this is our beginning
first pullback is two biggest waves approximately 3 pullback is four and then the high is five and the method we can look for the top of 5 is by utilizing a Fibonacci projection off of our one wave so if this is our one worth I’m gon na click here click back here and then discover 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 rate action boils down through