With low exchange charges. Okx Praca Warszawa … With an account at, you can quickly buy crypto utilizing a card, bank account, or mobile wallet. When participating in staking or conserving features, it likewise provides remarkably high yields in some cases.
was founded in 2017 and maintains a headquarters 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 countries. They do not take users from the United States due to regulatory and compliance issues.
If you remain in an area that works with OKX, you can develop an account that provides 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 pools and its own blockchain, called OKExChain. could work as an exchange you use in addition to a third-party cryptocurrency wallet or your primary location for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s not enough space to note them all in our OKX evaluation. There are 343 currencies on the exchange total.
Currencies traded on by volume:
breaks currencies down into different rates 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 might get approved for discounts. Choices, futures, and swaps have their own rate schedules with differing charges.
One huge downside of is that it doesn’t reveal fees for withdrawals and deposits. While much of is transparent, surprise cost details are a warning that might send you to another exchange with transparent fee schedules.
Cryptocurrency deals are generally one-way and can’t be reversed, so always double-check transaction details before continuing. If you accidentally send out funds to the incorrect wallet address, you likely won’t recover any funds.
Cryptocurrency exchanges have some special security issues you don’t generally confront with conventional banking platforms. The best practices for keeping your financial accounts safe are similar. These include 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, consisting of cold storage for many client properties. It also has offers extra features like the capability to establish a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is simple for anyone 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.
wished to buy 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 selling our position and that we want to take earnings at this level what we want to do is discover the difference between these values and that’s going to offer us.057 then we’re going to take the dollar amount 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 Okx Praca Warszawa
distinction between the stop and the entry okay and that’s going to provide us the amount of tokens that we require to buy in order to risk just 10 dollars okay if we’re simply sharing 250 coins or a thousand coins we’re never going to be able to call in our threat reward and you’re going to definitely screw yourself so make sure that you’re refraining from doing that you need to have actually that set dollar amount fine so that indicates that in order to discover the capital requirement or the amount of cash that we require for this trade we need to take the quantity of coins and increase 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 provide us 587 dollars then we require to be able to enter into this position when we’re utilizing utilize 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 take advantage of that indicates now I have 10 thousand dollars to utilize okay because if we just 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 fine so let’s visit purchase bit here let’s say we wish to take this ape trade here okay we require 175 coins we can see right here our Capital requirement for this position is 586 dollars now watch what happens when we open our leverage all right and you’re gon na get this caution that the liquidation is high fine 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 okay so now just thing that we require to utilize for this position is twelve dollars which is 12 of our entire account okay so this utilize ability is altering nothing about the risk profile on the trade alright if you intend on trading anyways use the referral Link in the description alright weekly we do a giveaway where anyone trading with 50k volume or greater is
going to be immediately entered to win a hundred dollars weekly we’re choosing three winners a week fine we’re trying to provide the costs that we’re collecting from the affiliate program back into the community for you men trading with us link is listed below you can take a look at our Discord where we announce the winners okay before we hop into the trading system that you can use to begin taking these trades I want to discuss the guidelines that I would advise using when growing a little account okay so the very first rule is begin with the dollar amount danger 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 as much as 200 okay you wish to move that up to the 10 of the 200 moving it to the 20 per trade threshold get comfortable with the dollar quantity and use that there till we scale our account up a bit larger the third thing and this is incredibly crucial is everybody has a mental threshold when it comes to just how much cash 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 math states you’re going to start feeling a little bit psychological about the trades which’s something that you truly want to avoid till you come comfy doing that fine so say you work your method up to 200 to 500 to a thousand fine and after that ten percent of a thousand is a hundred dollars per trade which’s excessive for you fine you can walk that back down to fifty dollars per trade choice that fixed amount once you wish to protect your capital and just choose a goal daily on
the cash that you wish to make once you get up to a comfy threshold where it’s fitting your earnings goals so for me personally you know I like to make three that three to 5 thousand dollars weekly so I’m using you know 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 three to 5 thousand per trade and try to double my income fine so let’s enter into the support of the actual trading this is a system that I’ve been trading the marketplaces with for the past couple months that have definitely 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 all right however what I wish to do is find an area where I have actually a recently established uptrend first thing that I wish to do is identify my wave count all right so if this is our beginning
first pullback is 2 largest waves as much as 3 pullback is 4 and after that the high is 5 and the way 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 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 rate action boils down through