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Tag: Trading

  • How to Win $5000 Mystery Boxes on OKX Lunar New Year Event

    How to Win $5000 Mystery Boxes on OKX Lunar New Year Event

    As we’ve stepped into the Lunar New Year, OKX has deemed it fit for users to partake and win exciting prizes in mystery boxes and others. This post will guide you step-by-step on how you can partake in the OKX Dragon of Wealth and Luck event for the new lunar year.

    The OKX Dragon of Wealth and Luck event is an event where you have the chance to win exciting prizes, including $5000 mystery boxes! Let’s get started.

    How to Participate and Win

    To participate in the event and stand a chance to win $5000, follow these steps to increase your chances of winning:

    Step 1: Ensure You Meet the Requirements

    Make sure you fulfill the following requirements before participating in the event:

    • You need an OKX account. If you don’t have an OKX account already, you can register here.
    • Complete Verification (KYC): Complete Verification level 2 or above.
    • Join OKX Communities: Be a member of the OKX English Telegram and OKX Official Discord.

    Step 2: Complete the Tasks

    Task 1: Share Your New Year Wishes (Mandatory)

    Post a message with your New Year wishes and blessings on either OKX English Telegram or OKX Official Discord using the hashtag #OKXDragonofWealth&Luck and share it with the entire OKX community.

    Task 2: Make a Deposit (Required)

    To be eligible, a minimum deposit is required, and all you have to do is deposit a minimum of $100 USDT or more worth of any token of your choice (e.g., BNB, BTC, ETH, TRX, USDT, and others) during the campaign period.
    Both new and existing OKX traders will share a total prize pool of $2,500 USDT on a first-come, first-served basis.
    Receive an extra $5 USDT rebate card if you complete your first deposit of over $100 USDT worth of any token during the campaign period. You can deposit or buy crypto, which is still eligible for this task.

    Task 3: Engage in Spot Trading (Required)

    After completing tasks 1 and 2, the next task is to trade spot on OKX. Spot trade a minimum of $200 USDT or more worth of any token of your choice during the campaign period.

    Both new and existing OKX traders will share a total prize pool of $2,500 USDT on a first-come, first-served basis.
    Receive an extra $5 USDT rebate card if you complete your first trade of over $100 USDT worth of any token during the campaign period.

    Task 4: Invite Friends

    When you invite friends, you earn OKX Mystery Boxes by successfully inviting a minimum of 2 friends via your unique OKX invite link to register for an OKX account and complete verification level 2.

    Terms and Conditions

    1. Eligibility: Participants must log in or sign up on OKX during the promotion period. Only primary accounts are eligible, and they must have completed Advanced Verification or higher.
    2. Reward Distribution: Rewards will be distributed within 20 working days after the end of the event.
    3. Market Fluctuation: Prize values may vary due to market fluctuations. Participants may experience changes in asset value.
    4. Limited Availability: Rewards are offered on a first-come, first-served basis, with a maximum of 100 eligible participants receiving rewards. Limit one gift per recipient.
    5. Exclusions: Residents from certain jurisdictions are excluded from the promotion. Refer to the list provided.
    6. Taxes and Expenses: Participants are responsible for any applicable taxes, fees, and additional expenses related to accepting and using the gift.
    7. OKX Discretion: OKX reserves the right to exclude participants, cancel the promotion, or modify terms without notice, especially in cases of malicious attempts or false information.
    8. Interpretation of Terms: OKX interprets and may change or modify terms at its discretion.
    9. Investment Risks: Participants acknowledge the risks associated with digital assets, including fluctuation, potential loss, and a lack of insurance or regulatory protections.
    10. Consultation: Participants are advised to consult legal, tax, and investment professionals regarding their specific circumstances.
    11. Terms of Service: Participants should refer to OKX’s Terms of Service for additional information.
    12. Responsibility: OKX is not liable for technical, typographical, or editorial errors or omissions.

    For further details, visit www.okx.com.

    Conclusion

    After completion of these tasks, you not only stand a chance to win exciting prizes but also contribute to the festive spirit of the Lunar New Year with the OKX community. Good luck, and may the Dragon of Wealth and Luck bring prosperity your way!

  • How to Buy Bitcoin in Australia

    How to Buy Bitcoin in Australia

    Bitcoin is the world’s first and largest cryptocurrency, and it is turning out to be progressively famous in Australia. There are numerous ways of buying Bitcoin, yet probably the most famous strategies incorporate utilizing a cryptocurrency exchange, a broker, or a cryptocurrency P2P marketplace. In this post, I will show ways by which you can buy Bitcoin in Australia.

    Choosing the best cryptocurrency exchange

    Cryptocurrency exchanges are platforms where you can trade Bitcoin and other cryptocurrencies. There are various Cryptocurrency exchanges accessible, yet the absolute most famous Bitcoin exchangers in Australia include:

    While picking a Cryptocurrency exchange, taking into account the accompanying factors is significant:

    • Security: Pick an exchange that has gained notoriety for security and that utilizes industry-standard safety efforts.
    • Fees: Various exchanges charge various expenses, so it is critical to think about the expenses before you pick an exchanger.
    • Features: A few exchanges offer more features than others, for example, the capacity to exchange edge or utilize an assortment of instalment techniques.

    Getting started with cryptocurrency exchangers

    Whenever you have chosen an exchange of your choice from the list above, you are supposed to create an account. This process shouldn’t take long as you will be required to provide vital details such as your name, email address, and other individual data. You may in like manner be supposed to confirm your account before you can start exchanging cryptocurrencies.

    Depositing funds into your account

    To buy Bitcoin, you should now fund your recently opened account on your preferred exchange platform. Most Bitcoin exchangers acknowledge an assortment of deposit methods, including bank transfers, credit cards, and debit cards. You can deposit by choosing your preferred deposit options.

    Buying Bitcoin

    You can buy Bitcoin after depositing funds into your account. Just go to the Bitcoin exchange page and enter how much Bitcoin you need to purchase. The exchange will then, at that point, be confirmed, and your desired amount of Bitcoin will be purchased.

    Withdrawing Bitcoin

    In the wake of buying Bitcoin, you can pull it out of your cryptocurrency wallet. To achieve this explore the Bitcoin withdrawal page and enter your Bitcoin wallet address. You should then confirm the withdrawal before your Bitcoin is moved to your wallet.

    Using a broker

    One more choice for buying Bitcoin in Australia is to use a broker. Brokers are organizations that trade Bitcoin for you. To buy Bitcoin using a broker, you should initially open a record with the intermediary and deposit funds into it. After depositing funds, you can contact the intermediary and put in a Bitcoin request. From that point forward, the seller will buy Bitcoin for your sake and put it into your Bitcoin crypto wallet.

    Using a P2P marketplace

    P2P marketplaces are stages where you can exchange Bitcoin straightforwardly with others. There are other P2P marketplaces accessible, yet the most notable P2P marketplaces in Australia include:

    You should register for an account and check out the promotions for Bitcoin sellers to buy Bitcoin using one of these administrations. You can reach out to a seller whenever you’ve picked one you’re content with and submit a request to buy Bitcoin from them. The seller will then send the Bitcoin to you in the wake of getting the payment from you.

    Storing your Bitcoin

    In the wake of buying Bitcoin, it’s vital to securely store it. In an equipment wallet, you might keep Bitcoin the most safely. Bitcoin is put away and disconnected from equipment wallets. They are thus staggeringly protected and difficult to hack.

    Conclusion

    The procedure for purchasing Bitcoin in Australia is fairly straightforward. A broker, a peer-to-peer market, a cryptocurrency exchange, and other options are available for purchasing Bitcoin. It’s critical to take security, expenses, and usefulness into account while making a Bitcoin purchase choice. Whenever you’ve purchased Bitcoin, protecting it in a hard wallet is important.