Get Okx And Okex – Cryptocurrency No Fee

With low exchange fees. Okx And Okex … With an account at, you can easily purchase crypto using a card, bank account, or mobile wallet. It also provides incredibly high yields in some cases when taking part in staking or conserving functions.

was founded in 2017 and keeps a headquarters in Seychelles, with additional offices worldwide. According to CoinMarketCap, is the 18th largest cryptocurrency exchange in the world by volume.
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The site 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.

If you’re in an area that works with OKX, you can produce an account that provides you access to trade 343 spot currencies.
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likewise supports margin loaning, earning cryptocurrency through staking and savings, cryptocurrency-backed loans, and advanced items, 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 main location for crypto-related activities.

Cryptocurrencies Available on
With over 300 cryptocurrencies supported, there’s not enough space to list them all in our OKX evaluation. There are 343 currencies on the exchange total.
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Currencies traded on by volume:

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

breaks currencies down into different prices 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 may receive discounts. Swaps, futures, and choices have their own rate schedules with differing costs.

One huge disadvantage of is that it doesn’t divulge charges for withdrawals and deposits. While much of is transparent, hidden cost information are a red flag that might send you to another exchange with transparent charge schedules.

Security
Cryptocurrency transactions are usually one-way and can’t be reversed, so always double-check transaction details prior to continuing. You likely will not recuperate any funds if you unintentionally send funds to the incorrect wallet address.
Cryptocurrency exchanges have some special security issues you do not usually confront with traditional banking platforms. However, the very best practices for keeping your financial accounts protected are similar. These consist of using strong passwords special to every website and app alongside a multifactor authentication app to keep hackers out of your funds.

OKX uses industry-standard security practices, including freezer for many consumer properties. It also has offers additional functions 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 have actually ever signed up for another cryptocurrency exchange or stock market brokerage account, you will find 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 and that we wish to take profit at this level what we wish to do is find the difference between these worths and that’s going to provide us.057 then we’re going to take the dollar amount danger we wish to risk per trade which in this case is 10 dollars and we’re going to divide it by the Okx And Okex

distinction in between the entry and the stop all right and that’s going to offer us the quantity of tokens that we need to purchase in order to run the risk of just ten dollars okay 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 threat reward and you’re going to definitely screw yourself so ensure that you’re not doing that you require to have that set dollar quantity all right so that implies that in order to find the capital requirement or the amount of cash that we need for this trade we have 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 which’s going to give us 587 dollars then we need to be able to enter this position when we’re using leverage the only thing it’s changing is just how much cash we personally need to take into the trade so if I have a hundred dollar account and I utilize a 100x take advantage of that suggests now I have ten thousand dollars to use fine due to the fact that if we just had a hundred dollar account fine this 587 is already 5x the size of our cash worth of our account that makes it impossible all right so let’s go over to buy 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 takes place when we open our take advantage of all right and you’re gon na get this warning that the liquidation is high alright as long as you’re measuring you’re entering your exit and you’re risking that 10 dollars you are safe and you’re doing the right thing fine so now only thing that we require to use for this position is twelve dollars which is 12 of our whole account alright so this leverage ability is changing nothing about the threat profile on the trade fine if you intend on trading anyways utilize the recommendation Link in the description all right every week we do a free gift where anyone trading with 50k volume or higher is

going to be instantly gone into to win a hundred dollars each week we’re selecting 3 winners a week all right we’re trying to offer the costs that we’re collecting from the affiliate program back into the neighborhood for you men trading with us connect is listed below you can take a look at our Discord where we announce the winners all right before we hop into the trading system that you can utilize to begin taking these trades I want to discuss the guidelines that I would recommend utilizing when growing a small account all right so the first rule is start with the dollar quantity threat per trade 10 of starting balance on a hundred dollar account usage that ten dollar threat okay each time you double the account so when you go to 100 up to 200 all right 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 up until we scale our account up a bit bigger the third thing and this is extremely important is everybody has a mental threshold when it concerns just how much money they’re comfortable risking if I’m looking 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 math states you’re going to begin feeling a little bit emotional about the trades and that’s something that you really wish to avoid up until you come comfy doing that fine so say 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 and that’s excessive for you alright you can walk that back down to fifty dollars per trade pick that fixed amount as soon as you want to preserve your capital and simply pick an objective each day on

the cash that you want to make as soon as you get up to a comfy limit where it’s fitting your income goals so for me personally you know I like to make 3 that three to 5 thousand dollars per week so I’m utilizing you learn 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 know a couple years from now go up to a thousand try to make 3 to five thousand per trade and try to double my income all right 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 definitely been nailing trades with I’m gon na show you one of the setups that I had on xrp when I was in fact in Dubai okay however what I wish to do is find an area where I have a recently developed uptrend first thing that I want to do is identify my wave count okay so if this is our beginning

first pullback is two biggest waves as much as three pullback is 4 and then the high is 5 and the way we can search for the top of 5 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 then 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 price action comes down through