Get Why Can I Not Sell On Okx – Cryptocurrency No Fee

With low exchange charges. Why Can I Not Sell On Okx … With an account at, you can quickly purchase crypto using a card, checking account, or mobile wallet. When taking part in staking or saving functions, it also uses incredibly high yields in some cases.

was founded in 2017 and maintains a headquarters in Seychelles, with additional workplaces around the globe. According to CoinMarketCap, is the 18th largest cryptocurrency exchange on the planet by volume.
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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 issues.

You can produce an account that gives you access to trade 343 area currencies if you’re in a location that works with OKX.
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also supports margin loaning, making cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced items, 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 main location for crypto-related activities.

Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s inadequate room to note them all in our OKX evaluation. There are 343 currencies on the exchange overall.
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Currencies traded on by volume:

  • Bitcoin
  • OKB
  • Ethereum
  • TRON
  • Avalanche
  • APENFT
  • Solana
  • Polygon

breaks currencies down into various prices tiers that vary based on trade volume and account holdings. 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 receive discount rates. Swaps, choices, and futures have their own rate schedules with differing fees.

One big drawback of is that it doesn’t disclose charges for deposits and withdrawals. While much of is transparent, surprise expense details are a warning that might send you to another exchange with transparent fee schedules.

Security
Cryptocurrency transactions are generally one-way and can’t be reversed, so always double-check transaction information before proceeding. If you accidentally send out funds to the incorrect wallet address, you likely will not recuperate any funds.
Cryptocurrency exchanges have some distinct security concerns you don’t typically confront with traditional banking platforms. The best practices for keeping your monetary accounts secure are comparable. These include using strong passwords distinct to every website and app alongside a multifactor authentication app to keep hackers out of your funds.

OKX uses industry-standard security practices, consisting of freezer for many consumer possessions. It also has deals extra functions like the capability to establish a withdrawal password and anti-phishing codes.

Opening an OKX Account
Opening an account is simple for anybody beyond the United States. If you have actually ever signed up for another cryptocurrency exchange or stock market brokerage account, you will discover a familiar experience at OKX.

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 which we want to take earnings at this level what we wish to do is find the difference in between these values and that’s going to give us.057 then we’re going to take the dollar amount risk we want to risk per trade which in this case is ten dollars and we’re going to divide it by the Why Can I Not Sell On Okx

difference in between the entry and the stop alright and that’s going to provide us the amount of tokens that we require to purchase in order to run the risk of just ten dollars alright if we’re just going in with 250 coins or a thousand coins we’re never ever going to be able to call in our risk benefit and you’re going to absolutely screw yourself so make sure that you’re not doing that you require to have that set dollar amount alright so that means that in order to discover the capital requirement or the amount of cash that we require for this trade we have to take the quantity of coins and increase it by the entry rate 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 require to be able to enter into this position when we’re utilizing utilize the only thing it’s changing is just how much cash 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 value of our account that makes it impossible fine so let’s visit purchase bit here let’s say we want to take this ape trade here all right we need 175 coins we can see right here our Capital requirement for this position is 586 dollars now enjoy what happens when we open our take advantage of fine and you’re gon na get this caution that the liquidation is high alright 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 right thing okay so now just thing that we need to use for this position is twelve dollars which is 12 of our whole account okay so this utilize ability is altering nothing about the threat profile on the trade okay if you plan on trading anyways utilize the referral Link in the description all right each week we do a free gift where anybody trading with 50k volume or higher is

going to be immediately entered to win a hundred dollars per week we’re selecting three winners a week okay we’re trying to provide the charges that we’re collecting from the affiliate program back into the community for you people trading with us link is listed below you can take a look at our Discord where we reveal the winners fine before we hop into the trading system that you can utilize to start taking these trades I want to go over the rules that I would suggest utilizing when growing a little account fine so the very first rule is begin with the dollar quantity risk per trade 10 of beginning balance on a hundred dollar account usage that 10 dollar danger fine each time you double the account so when you go to 100 approximately 200 okay you want to move that approximately the 10 of the 200 moving it to the 20 per trade threshold get comfy with the dollar amount and utilize that there until we scale our account up a little bit larger the third thing and this is incredibly crucial is everyone has a psychological threshold when it comes to 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 3 trades in a row I don’t care who you are or what the mathematics says you’re going to start feeling a bit psychological about the trades which’s something that you actually wish to avoid till you come comfortable doing that alright so state you work your way up to 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 back down to fifty dollars per trade pick that fixed quantity as soon as you wish to protect your capital and simply pick an objective per day on

the cash that you wish to make when you get up to a comfortable limit where it’s fitting your income goals so for me personally you know I like to make three that three to five thousand dollars each week 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 3 to five thousand per trade and attempt to double my earnings alright so let’s enter 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 actually definitely been nailing trades with I’m gon na reveal you among the setups that I had on xrp when I was really in Dubai okay but what I wish to do is discover a location where I have actually a freshly established uptrend first thing that I want to do is determine my wave count okay so if this is our start

very first pullback is 2 largest waves as much as three pullback is four and then the high is 5 and the method we can look for the top of five is by using a Fibonacci projection off of our one wave so if this is our one value I’m gon na click here click back here and after that discover my element of one and you can see the rate action sort of Consolidated right along this level if we take a Fibonacci retracement off of this level and go up to the high of one if our rate action comes down through