With low exchange fees. копитрейдинг Okx … With an account at, you can quickly purchase crypto using a card, checking account, or mobile wallet. It also uses incredibly high yields in some cases when participating in staking or conserving features.
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 don’t take users from the United States due to regulative and compliance issues.
You can create an account that gives you access to trade 343 spot currencies if you’re in an area that works with OKX.
Supports margin borrowing, earning cryptocurrency through staking and 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 primary place for crypto-related activities.
Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s inadequate room to list them all in our OKX evaluation. There are 343 currencies on the exchange overall.
Currencies traded on by volume:
breaks currencies down into different pricing tiers that differ based upon 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 may receive discounts. Futures, alternatives, and swaps have their own rate schedules with differing fees.
One big drawback of is that it does not reveal fees for deposits and withdrawals. While much of is transparent, covert cost information are a red flag 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 information prior to proceeding. If you unintentionally send out funds to the incorrect wallet address, you likely won’t recuperate any funds.
Cryptocurrency exchanges have some distinct security concerns you do not typically confront with traditional banking platforms. However, the best practices for keeping your monetary accounts safe are comparable. These include utilizing strong passwords distinct to every website and app together with a multifactor authentication app to keep hackers out of your funds.
OKX uses industry-standard security practices, consisting of cold storage for most client possessions. It also has deals extra features like the capability 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 market brokerage account, you will discover a familiar experience at OKX.
wanted to buy apecoin at this level put our stop loss down at this level meaning that if we’re wrong and it continues moving down we’re offering our position which we want to take revenue at this level what we want to do is find the distinction in between these worths which’s going to offer us.057 then we’re going to take the dollar amount danger 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 копитрейдинг Okx
distinction between the entry and the stop okay and that’s going to give us the quantity of tokens that we need to buy in order to run the risk of just ten dollars all right if we’re simply sharing 250 coins or a thousand coins we’re never 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 actually that set dollar quantity alright so that suggests that in order to find 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 okay so in this case we’re going to take 175 coins increased by 3.35 which’s going to offer us 587 dollars then we need to be able to get into this position when we’re utilizing utilize the only thing it’s changing is just how much money we personally need to put into the trade so if I have a hundred dollar account and I use a 100x take advantage of that implies now I have ten thousand dollars to use okay since if we just had a hundred dollar account alright this 587 is already 5x the size of our money worth of our account that makes it difficult all right so let’s visit purchase bit here let’s say we want 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 alright and you’re gon na get this caution that the liquidation is high okay 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 ideal thing alright so now just thing that we need to utilize for this position is twelve dollars which is 12 of our entire account okay 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 fine each week we do a giveaway where anybody trading with 50k volume or greater is
going to be immediately gone into to win a hundred dollars weekly we’re picking 3 winners a week okay we’re attempting to provide the charges that we’re gathering from the affiliate program back into the neighborhood for you guys trading with us connect is listed below you can take a look at our Discord where we announce the winners alright before we hop into the trading system that you can use to start taking these trades I want to discuss the guidelines that I would suggest utilizing when growing a small account okay so the very first rule is start with the dollar quantity danger per trade 10 of beginning balance on a hundred dollar account usage that ten dollar risk all right each time you double the account so when you go to 100 up to 200 fine 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 use that there until we scale our account up a bit bigger the 3rd thing and this is super essential is everybody has a psychological threshold when it concerns 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 begin feeling a little bit emotional about the trades which’s something that you really want to prevent up until you come comfortable doing that all right so say you work your way as much as 200 to 500 to a thousand fine and after that ten percent of a thousand is a hundred dollars per trade and that’s excessive for you okay you can walk that pull back to fifty dollars per trade pick that fixed quantity once you wish to protect your capital and simply choose a goal daily on
the cash that you want to make as soon as you get up to a comfortable limit where it’s fitting your earnings goals so for me personally you understand I like to make three that three to five thousand dollars per week so I’m using you learn 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 know a couple years from now move up to a thousand shot to make 3 to five thousand per trade and attempt to double my income all right so let’s enter into the bread and butter 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 definitely been nailing trades with I’m gon na reveal you one of the setups that I had on xrp when I was actually in Dubai okay but what I wish to do is find a location where I have a newly developed uptrend first thing that I wish to do is recognize my wave count okay so if this is our beginning
very first pullback is 2 largest waves up to three pullback is 4 and after that the high is 5 and the method we can try to find 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 find my element 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 price action comes down through