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We wish to thank OKEx for supporting the channel by sponsoring this video.

⚠️ * The primary order should be $100 or extra to qualify for the FREE $10.

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⏰ Time Stamps ⏰

1:31 Intro
4:52 What Are Derivatives?
6:58 OKEx Tutorial – How To Get Setup?
9:58 Getting Began With OKEx Futures
11:40 Perpetual Swaps On OKEx
15:23 Choices on OKEx
17:48 Ultimate Ideas

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🔗 Useful Hyperlinks 🔗

► My Video On Bitcoin Choices & Buying and selling Suggestions:
► Full Information To Utilizing Leverage:
► Final Information To Crypto Choices:
► OKEx Buying and selling Charges & VIP Reductions:
► Newcomers Information To Techinical Evaluation:
► OKEx App for iOS:
► OKEx App for Android:

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❓What Is OKEx? ❓

OKEx is without doubt one of the main cryptocurrency exchanges. Initially based in Hong Kong in 2016, they made the strategic transfer to Valletta in Malta in 2018.

The unique change was a spot crypto buying and selling change that has expanded quickly since its launch. It’s out there in over 100 international locations and the BTC futures buying and selling on OKEX just lately surpassed $1.5bn per day in each day buying and selling quantity.

Because of this OKEx’s by-product devices are rising rapidly in recognition. These embody their plain vanilla futures, their perpetual swaps and their choices. All of those are very helpful instruments for anybody that wishes to doubtlessly profit from each the ups and downs of crypto costs.

🔮 What Are Futures 🔮

Futures are principally a contract that lets you purchase or promote an asset sooner or later at some predetermined value. This implies you possibly can go lengthy or brief on an asset like Bitcoin.

If I enter an extended futures place with expiry in 3 months at a value of $8,000, it signifies that I’m betting that the worth of Bitcoin in a single month is above $8,000. I can do that to enter into a brief place too. The important thing factor right here is that futures have a set expiry date.

► Hedge or revenue from lengthy or brief positions.
► Max Futures Leverage on OKEx: 10x

💹 Perpetual Swaps 💹

These are principally a future that doesn’t have an expiry date. In different phrases, they’re rolling futures contracts the place you possibly can commerce out and in of them at anytime.

► OKEx gives one of many largest ranges of perpetual swap buying and selling pairs within the crypto house. This consists of markets for: BTC, LTC, ETH, ETC, XRP, EOS, BCH, BSV, TRX, DASH, LINK & NEO.
► Max Perpetual Swap leverage: 100X

🛒 Choices 🛒

Put merely, choices are the fitting to purchase or promote some asset at a predetermined value on some predetermined date. A Name choice offers you the fitting to purchase an asset and a Put choice offers you the fitting to promote.

They differ from futures in that you’ve the fitting however not the duty to train it.

► Affords likelihood of limitless revenue with restricted threat.

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💤 The Boring Stuff 💤

50% buying and selling payment low cost:

► Solely degree 1 customers are eligible for this marketing campaign. API customers are excluded.
► Solely customers who register to OKEx utilizing our referral hyperlink can get the cashback.
► Customers can solely take pleasure in a 50% buying and selling payment cashback in the course of the first month of this marketing campaign. Supply ends X.
► Cashback is proscribed to a most of $500 per person.

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📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit end result. Hyperlinks to OKEx on this video description are affiliate hyperlinks and Coin Bureau earns a small fee for those who select to make use of them.

#okex #futures #bitcoin #btc #crypto

Source: Coin Bureau