With low exchange fees. Okx Dodaj Ogloszenie … With an account at, you can quickly buy crypto utilizing a card, checking account, or mobile wallet. It likewise provides extremely high yields in many cases when participating in staking or saving features.
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 worldwide by volume.
The site declares over 20 million users in more than 100 nations. They don’t take users from the United States due to regulatory and compliance issues.
You can produce an account that offers you access to trade 343 area currencies if you’re in an area that works with OKX.
likewise supports margin loaning, earning cryptocurrency through staking and cost savings, cryptocurrency-backed loans, and advanced items, such as mining swimming pools and its own blockchain, called OKExChain. could work as an exchange you use 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.
Currencies traded on by volume:
For spot trades, the most you will pay is 0.10%. High-volume traders and those with a big holding in the OKB currency might certify for discount rates.
One big disadvantage of is that it doesn’t reveal charges for withdrawals and deposits. While much of is transparent, concealed expense details are a red flag that may send you to another exchange with transparent cost schedules.
Cryptocurrency deals are typically one-way and can’t be reversed, so constantly double-check transaction details before proceeding. You likely will not recuperate any funds if you unintentionally send funds to the incorrect wallet address.
Cryptocurrency exchanges have some special security concerns you do not usually face with conventional banking platforms. The finest practices for keeping your monetary accounts safe and secure are comparable. These consist of using strong passwords special 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 a lot of client possessions. It also 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 anyone outside of the United States. If you have actually 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 significance that if we’re wrong and it continues moving down we’re selling our position and that we wish to take profit at this level what we want to do is find the distinction in between these worths and that’s going to give us.057 then we’re going to take the dollar quantity threat we want to run the risk of per trade which in this case is ten dollars and we’re going to divide it by the Okx Dodaj Ogloszenie
difference between the entry and the stop fine and that’s going to give us the quantity of tokens that we need to purchase in order to run the risk of just 10 dollars fine if we’re simply sharing 250 coins or a thousand coins we’re never ever going to be able to call in our risk reward and you’re going to absolutely screw yourself so ensure that you’re refraining from doing that you require to have that set dollar amount all right so that suggests that in order to find the capital requirement or the amount of money that we need for this trade we need to take the amount of coins and multiply it by the entry rate which is this level here alright so in this case we’re going to take 175 coins multiplied by 3.35 and that’s going to provide us 587 dollars then we need to be able to get into this position when we’re using leverage the only thing it’s altering is how much money we personally need to take into the trade so if I have a hundred dollar account and I use a 100x leverage that suggests now I have ten thousand dollars to use all right since if we just had a hundred dollar account all right this 587 is currently 5x the size of our money value 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 fine we need 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 okay and you’re gon na get this warning that the liquidation is high fine as long as you’re quantifying you’re entering your exit and you’re risking that 10 dollars you are safe and you’re doing the best thing alright so now just thing that we need to utilize for this position is twelve dollars which is 12 of our whole account alright so this take advantage of ability is altering nothing about the danger profile on the trade okay if you plan on trading anyways utilize the referral Link in the description all right every week we do a giveaway where anybody trading with 50k volume or greater is
going to be automatically gone into to win a hundred dollars weekly we’re selecting three winners a week alright we’re trying to provide the charges that we’re gathering from the affiliate program back into the neighborhood for you men trading with us link is listed below you can have a look at our Discord where we reveal the winners all right prior to we hop into the trading system that you can use to start taking these trades I wish to review the rules that I would suggest using when growing a small account okay so the first rule is begin with the dollar amount threat per trade 10 of beginning balance on a hundred dollar account usage that 10 dollar risk alright each time you double the account so when you go to 100 as much as 200 alright you want to move that as much as 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 bit bigger the 3rd thing and this is extremely important is everyone has a mental limit when it pertains to just how much money they’re comfortable running the risk of if I’m looking 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 begin feeling a little bit psychological about the trades which’s something that you actually want to prevent up until you come comfortable doing that alright so say you work your way approximately 200 to 500 to a thousand okay and after that ten percent of a thousand is a hundred dollars per trade which’s excessive for you alright you can walk that pull back to fifty dollars per trade pick that repaired quantity when you want to maintain your capital and just pick a goal per day on
the money that you wish to make when you get up to a comfortable limit where it’s fitting your income objectives so for me personally you understand I like to make 3 that 3 to 5 thousand dollars each 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 move up to a thousand try to make three to 5 thousand per trade and try to double my earnings all right so let’s get into the bread and butter of the real trading this is a system that I have actually been trading the markets with for the past couple months that have absolutely been nailing trades with I’m gon na show you among the setups that I had on xrp when I was in fact in Dubai okay however what I want to do is discover a location where I have actually a newly developed uptrend first thing that I want to do is determine my wave count okay so if this is our start
very first pullback is two largest waves up to three pullback is 4 and then the high is 5 and the way 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 worth I’m gon na click on this link click back here and then find 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 increase to the high of one if our price action boils down through