With low exchange fees. Okx Praca Lodz … With an account at, you can quickly purchase crypto utilizing a card, savings account, or mobile wallet. When getting involved in staking or conserving features, it likewise provides extremely high yields in some cases.
was founded in 2017 and maintains a head office in Seychelles, with additional offices around the globe. According to CoinMarketCap, is the 18th largest cryptocurrency exchange on the planet by volume.
1
The site claims over 20 million users in more than 100 nations. They don’t take users from the United States due to regulative and compliance concerns.
If you remain in a location that deals with OKX, you can create an account that provides you access to trade 343 spot currencies.
1
likewise supports margin loaning, earning cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced products, such as mining swimming pools and its own blockchain, called OKExChain. might work as an exchange you use 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 inadequate space to list them all in our OKX evaluation. There are 343 currencies on the exchange overall.
2
Currencies traded on by volume:
- Bitcoin
- OKB
- Ethereum
- TRON
- Avalanche
- APENFT
- Solana
- Polygon
For area trades, the most you will pay is 0.10%. High-volume traders and those with a big holding in the OKB currency may certify for discount rates.
One huge disadvantage of is that it does not divulge charges for deposits and withdrawals. While much of is transparent, hidden cost details are a red flag that might send you to another exchange with transparent fee schedules.
Security
Cryptocurrency transactions are generally one-way and can’t be reversed, so constantly double-check transaction information before continuing. If you accidentally send out funds to the incorrect wallet address, you likely will not recover any funds.
Cryptocurrency exchanges have some distinct security concerns you do not normally confront with traditional banking platforms. The finest practices for keeping your monetary accounts safe and secure are comparable. These include using strong passwords unique 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 freezer for a lot of consumer assets. It also has offers additional functions like the capability to establish a withdrawal password and anti-phishing codes.
Opening an OKX Account
Opening an account is simple for anyone beyond the United States. If you’ve ever signed up for another cryptocurrency exchange or stock exchange brokerage account, you will find 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 which we wish to take earnings at this level what we want to do is find the distinction in between these values and that’s going to offer us.057 then we’re going to take the dollar quantity threat 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 Lodz
difference between the entry and the stop okay which’s going to offer us the amount of tokens that we need to buy in order to run the risk of only 10 dollars alright if we’re simply going in with 250 coins or a thousand coins we’re never ever going to be able to dial in our risk benefit and you’re going to definitely screw yourself so make sure that you’re not doing that you require to have that set dollar amount fine so that implies that in order to discover the capital requirement or the amount of money that we need for this trade we have to take the quantity of coins and multiply it by the entry cost which is this level here alright so in this case we’re going to take 175 coins multiplied by 3.35 which’s going to offer us 587 dollars then we need to be able to enter this position when we’re using utilize the only thing it’s changing is how much cash we personally require to put into the trade so if I have a hundred dollar account and I use a 100x leverage that indicates now I have ten thousand dollars to use all right due to the fact that 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 difficult okay so let’s go over to buy bit here let’s say we want to take this ape trade here fine we require 175 coins we can see right here our Capital requirement for this position is 586 dollars now view what occurs when we open up 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 risking that 10 dollars you are safe and you’re doing the best thing fine so now just thing that we need to use for this position is twelve dollars which is 12 of our entire account alright so this utilize ability is changing absolutely nothing about the risk profile on the trade okay if you plan on trading anyways use 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 instantly gotten in to win a hundred dollars each week we’re picking three winners a week fine we’re trying to provide the charges that we’re collecting from the affiliate program back into the community for you guys trading with us connect is below you can have a look at our Discord where we reveal the winners all right before we hop into the trading system that you can utilize to begin taking these trades I want to review the guidelines that I would advise using when growing a little account fine so the very first guideline is begin with the dollar amount threat per trade 10 of beginning balance on a hundred dollar account use that ten dollar threat alright each time you double the account so when you go to 100 approximately 200 alright you want to move that approximately the 10 of the 200 moving it to the 20 per trade limit get comfortable with the dollar amount and utilize that there till we scale our account up a bit bigger the 3rd thing and this is incredibly crucial is everybody has a psychological threshold when it comes to 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 sell a row I don’t care who you are or what the math states you’re going to start feeling a bit emotional about the trades and that’s something that you actually want to avoid up until you come comfortable doing that alright 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 and that’s excessive for you fine you can stroll that pull back to fifty dollars per trade choice that repaired amount when you want to maintain your capital and simply pick an objective daily on
the cash that you want to make when you get up to a comfortable 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 weekly so I’m utilizing you understand 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 go up to a thousand shot to make 3 to five thousand per trade and attempt to double my earnings fine so let’s enter the bread and butter of the actual trading this is a system that I have actually been trading the marketplaces with for the past couple months that have absolutely been nailing trades with I’m gon na reveal you among the setups that I had on xrp when I was really in Dubai alright 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 okay so if this is our start
very first pullback is 2 largest waves up to 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 forecast off of our one wave so if this is our one worth I’m gon na click here click back here and after that find 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 go up to the high of one if our cost action boils down through