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How is the OKCion trading platform Comments on the OKCion tradi

Date:2024-06-16 18:50:29 Channel:Wallet Read:

In today's digital currency trading market, the OKCion trading platform has attracted much attention. As a platform that brings together a variety of digital currency trading services, OKCion has attracted the attention of many investors with its unique functions and user experience. This article will make detailed comments from multiple dimensions such as trading experience, security, fees, and user reputation, so that you can fully understand the advantages and characteristics of the OKCion trading platform.

As digital currency traders, we all hope to have a smooth and efficient experience when trading. How does the OKCion trading platform perform in this regard? First of all, the OKCion trading interface is simple and clear in design, and users can quickly locate the required functions and complete trading operations. In addition, the platform exchange has a fast execution speed and high order processing efficiency, which ensures the immediacy of transactions, allowing users to better grasp the pulse of the market and take the lead in trading.

In the field of digital currency trading, security has always been one of the most concerned issues for investors. The OKCion trading platform has adopted multiple security measures, including SSL encryption transmission technology, cold wallet storage, etc., to effectively protect the security of user assets. In addition, the OKCion platform strictly

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


How is the OKCion trading platform? Comment on the OKCion trading platform. I am very happy to answer this question for everyone. I have been in contact with it for several months. (In the loss) I gradually understand some trading strategies. I will first evaluate OKCion and then talk about some trading skills.

First of all, RMB trading has been banned in China. It is not as easy to buy and sell Bitcoin as before. It is mainly OTC trading. OKCion contracts are Bitcoin margin systems, so you must recharge Bitcoin to the OKCion platform to trade. But in the past few months, some big accounts were logged in by hackers, and they traded randomly and suffered heavy losses. I don’t know what will happen next, but it is still recommended not to recharge a large amount of Bitcoin.

OKEX’s peer-to-peer trading can withdraw money, but the index trading area cannot. OKCion’s BTC contracts are traded according to the number of contracts, 1 = 100 US dollars. At present, the most traded is BTC futures, 724 hours trading, unlimited number of transactions, the successful opening fee is 0.03%, multiplied by 10 times leverage, it is actually 0.03%, there is no fee for closing positions, and recently there is about 1 billion US dollars in trading volume per day. The trading volume of other contracts such as LTC, ETH, etc is relatively small, so it is recommended to only play the BTC quarterly contract. Even if large funds are used for trading, the price will not be greatly affected, and it is not easy to be controlled and cause an instant liquidation.

What newcomers should pay attention to is that the default leverage of BTC contract opening is 10 times, and next to 10 times is 20 times (crazy), that is, if you open a long position and do not increase the margin, it is a 10x leverage long order. If the contract price rises by 10%, your profit is 100%, plus the profit of currency appreciation, it doubles. If it falls less than 10% (your currency also depreciates), your loss is 100%, also called liquidation (you can see the liquidation price in the app), not a penny left. If you think 10x leverage is too high, you can increase the margin. If the margin doubles, it will become 5x leverage, and the liquidation price will also change.

When your order loss reaches 70%, OKEx will send a text message notification (don't ask me how I know). Of course, the profit and loss before closing the position is uncertain. You may turn a loss into a profit, or you may be too greedy and turn a 200% profit into a liquidation, so fund management and trading strategies are particularly important.

BTC contracts are divided into weekly, biweekly, and quarterly. Weekly means delivery once a week, and delivery at 16:00 on Friday of the transaction, that is, regardless of profit or loss, the unclosed contracts will be forcibly closed according to the price index at 16:00. Biweekly means closing at 16:00 on the next Friday. After the week is over, the next week will become the week. Quarterly means delivery 4 times a year, on a Friday in March/June/September/December. Note that no matter which contract, the coins earned this week must wait until Friday delivery before they can be withdrawn. The specific reason can be found in the rules of the OKEx official website.

The largest trading volume is the BTC quarterly contract, and the price is usually far away from the BTC spot price. The second largest trading volume is the weekly contract, and the price is closest to the spot price. The smallest trading volume is the biweekly contract.

Opinions vary on trading platforms, but the most important thing is the investment mentality

1. Don't use high leverage, don't use high leverage, don't use high leverage. Use 10 times leverage as the upper limit, 20 times is no different from a gambler.

2. Use spare money, don't borrow money for speculation! There are many disadvantages to borrowing money, the most feared of which is that it will affect your mentality when speculating in futures. If your mentality is unstable, you will never make money.

3. Don't operate with a full position. It is advisable to use one-third to one-quarter of your futures account each time you open a position. If you use a full position, you can make countless 100%, but you can only lose one 100%. It is best not to increase your position for floating profits and losses.

4. Be sure to develop your own trading system! Without a trading system, you are just here to give money. If you make 2 profits and 8 losses in futures, whose money will you make? It's Xiaobai's money. The trading system must have accurate opening and closing times. The system can be continuously improved. You can use small funds or review at the beginning. Don't use large funds before you are sure that your system can make stable profits.

5. Futures are anti-human, and the most important thing is to pass the psychological barrier. Many times, some people know that their system is feasible, but they dare not open a position when the time comes. Why? Because the fluctuation of futures prices often induces you to make orders in the opposite direction. You think that opening a position here will result in losses, and even the two previous openings have resulted in losses. This time, you dare not open a position, which often leads to the most profitable opportunity. The correct trading strategy for futures is usually small loss + small loss + big profit. The feasible strategy must be the sum of small losses.

6. As long as the bulls are alive, the bears will not stop; as long as the bears are alive, the rising trend will not stop. So never make orders against the trend; if you open a position against the trend, you will lose everything. You can hesitate to stop profit, but you must be resolute to stop loss. Never resist orders. If you stop loss frequently, it means that there is something wrong with your trading system.

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