Detailed guide on how to register on the OKX exchange step by step
Let's start with the basics.
Table of Contents
What is OKX?
The OK is a relatively newer cryptocurrency exchange, developed specifically to make cryptocurrency trading fast and efficient. Since its inception in 2017, the platform has added many options, payment methods, and several cryptocurrencies to meet the demands of traders and investors. The best thing is that OKX is not just a simple crypto exchange, it offers something more.
The cryptocurrency exchange offers over 100 cryptocurrencies such as BTC (₿), LTC (Ł), ETH (Ξ), XRP , etc.), several ways to generate passive income and also has a page with educational materials about Cryptocurrencies.
| ???? Web address: www.okx.com | (I.e. Deposit methods: Bank transfer, SEPA, Visa/Mastercard, Apple Pay + |
| (I.e. Location: Seychelles | 💰 Minimum deposit: 0,00005 BTC / 0,00000001 USDT |
| (I.e. Cryptocurrencies: BTC, ETH, DOT, ADA, DOGE & 250+ more | 💡 Trading Supplies: Maker: 0,08%, Recipient: 0,1% |
| (I.e. Fiat currencies: USD, AUD, JPY, CAD, PKR, CNY, EUR, GBP and more | ✅ Mobile App: Yes |
How to sign up for OKX
It's super easy to create a free OKX account, just follow these steps:
Visit its home page OK:
Enter your email or phone number and choose your password. You can also sign up with a Telegram or Google account.
How to buy Cryptocurrencies from OKX
Instantly buy and sell cryptocurrencies: If you're not comfortable spending a lot of your time online to buy just a few different cryptocurrencies, you'd definitely want faster options. With OKX, you can actually use the express cryptocurrency buying and selling feature that allows investors to buy different currencies within seconds.
Over 250+ cryptocurrencies available: One of the reasons why OKX is a premium choice for advanced investors and traders is that it offers 250+ cryptocurrencies to buy, sell and trade. This huge number of assets are available for trading and the exchange has paired them with suitable fiat currencies to make trading easier for its users.
Leverage Futures Trading OKX
OKEx offers Crypto Future & Margin trading to leverage and sell Bitcoin and other assets. The exchange also offers fixed and cross-margin. Leverage trading however can be a powerful tool for a trader to take advantage of relatively small price movements in the cryptocurrency market but if someone who doesn't know can have big losses
- Spot exchange: Up to 10x margin.
- Futures: Up to 100x margin.
- Future Maker Fees 0.02%
- Future Taker Fees 0.05%
Leverage trading can be a powerful tool for a trader to take advantage of relatively small price movements in the cryptocurrency market.
Deposit and withdrawal fees
No OKX deposit fees are charged to traders, but there is a small withdrawal fee from traders, but it is also very low compared to what other similar cryptocurrency exchanges charge their registered traders. 0,0005 BTC in case of bitcoin, 0,01 in case of Ethereum and 0,15 in case of Ripple. These are sometimes called Fees instead of withdrawal fees, as they are determined by the blockchain load of each digital asset on the exchange.
Trading Bots OKX
Users can automate their trading by taking advantage of the variety of crypto trading robots offered on the exchange. OKEx trading bots provide traders with a degree of automated control to reduce risk while still looking for favorable results.
- Spot Grid : Buys crypto within the user's specified price range where it applies the "buy low, sell high" approach. It is best used in a bull market where price fluctuations are frequent.
- Future Fulfillment Grid : For USDT spread contracts where the "buy low, sell high" approach is maintained. Long, short and neutral net bots can be selected to suit market conditions.
- Repeat Purchase : Implements the popular Dollar-Cost-Averaging (DCA) trading strategy.
- Smart portfolio : Automatically rebalances the user's crypto portfolio to maintain desired proportions of individual assets.
- Arbitrage : Funding, spot-future and calendar spread arbitrage profit from the difference in interest rate spreads.
- Iceberg : Helps users avoid placing large orders and causing price drift.
- Time Weighted Average Price (TWAP) : Similar to recurring orders, TWAP splits trades into regular intervals.
What is OKX?
OKX is a relatively newer cryptocurrency exchange, developed specifically to make cryptocurrency trading fast and efficient. The cryptocurrency exchange offers over 100 cryptocurrencies such as BTC (₿), LTC (Ł), ETH (Ξ), XRP, etc.)
How to Register
You can open a Free Account here ▶
Is OKX safe?
Yes, it is one of the safest cryptocurrency exchanges with the most advanced encryption technology that protects the platform from hackers and also their stocks are public
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