Trading (234)

Today we're launching our own Crypto Rewind 2024, where people who use our apps as well as on-chain wallet users can view a customized report of their trading habits this year and see which of over 20 distinct trading personas fits them best.

The Bitcoin blockchain underwent a major event in April 2024: the Bitcoin halving. Expected to take place roughly every four years, this mechanism was written into Bitcoin's code during its inception and aims to slow down the creation of new bitcoins and eventually reach a finite supply of 21 million BTC. Similar to huge network upgrades like the Ethereum Merge and , the halving is a highly anticipated event that can significantly impact Bitcoin miners and traders.

It's an understatement to say that the crypto space is a whirlwind of both innovation and confusion. With constantly changing sentiments and market narratives, it's sometimes difficult for crypto curious users and beginners to get into the crypto ecosystem. If you're finding yourself lost among the many cryptocurrency categories, don't fret — this guide to predictions and narratives for the 2024 crypto bull run will get you up to speed. While predicting the future of crypto is never foolproof, we can get a rough idea of what the next crypto bull run will look like with the signs and narratives brewing in the background of the crypto scene.

Are you a veteran in the crypto scene? If so, the phrase 'crypto is cyclical' should seem familiar given how liquidity and money flow in the crypto markets. When Bitcoin consolidates in an established range, traders can't help but wonder if this is a sign of a possible upcoming rotation into altcoins in what's commonly known as 'altseason': a common abbreviation of the terms altcoin and season. With the last altseason happening in early 2021, many traders are optimistic for the future. There's much anticipation for this bull market cycle's version of altseason frenzy, when altcoins exponentially outperform Bitcoin and Ether.

With spot Bitcoin ETF option volume levels reaching almost two billion dollars in notional value on its first day of being available, it's clear that options on BTC ETFs are gaining significant traction among sophisticated TradFi traders. While traditional Bitcoin options have been around for several years, the emergence of spot Bitcoin ETF options has brought a fresh perspective to the TradFi derivatives market.

In November 2024, a 12-year old trader made headlines after attempting a crypto rug pull on a memecoin he created, called Gen Z Quant (QUANT), during a live stream. The trader launched QUANT on the popular Solana-based platform . The token quickly gained traction as its price surged. During a live stream, the trader expressed surprise at the growth before dumping his holdings — 51 million QUANT tokens — for 128 Solana (SOL), equivalent to $30,000.Despite his attempts to exit the market, the crypto community rallied behind the token, pushing its price up by an astonishing 77,000%. QUANT briefly reached a market cap of $82.3 million, peaking at $0.08 before retracing to $50 million. Ironically, the trader’s holdings would have been worth $4 million had he not sold them prematurely.

When facing economic instability, where sentiments can change on a dime, finding a safe haven for wealth has become more important than ever. Traditionally, traders turn to assets like gold, government bonds, or the U.S. dollar to weather the storm and protect their financial security. However, with the rise of crypto and its adoption among institutions like , it ultimately begs the question: does the definition of safe haven assets need redefining with crypto in the picture?

Hedging is a risk management strategy crypto traders adopt to reduce their exposure to risk and potentially minimize losses. Hedging is commonplace among stock traders, and it’s an especially important concept to understand and adopt when trading the volatile crypto markets.

From the first day of snowfall to familiar Christmas jingles, there's plenty to get excited about in December. For many crypto traders, December will also be the time they'll wonder if the crypto market will join the stock market in a "Santa Claus rally". Originally observed in the stock market, the Santa Claus rally phenomenon describes a period of optimism and often higher returns in late December as prices rally during the holiday season.

Practice makes perfect — if you're familiar with this adage, you'll understand that it applies well to crypto trading, with all its volatility. Whether you're a beginner crypto trader or someone who's interested in testing out a new strategy, crypto trading simulators provide a safe space to hone your skills and develop the knowhow needed for successful crypto trading. Just like any athlete wouldn't dream of competing without extensive practice, a crypto trader shouldn't jump into the market without proper preparation.

As one of the original Layer-1s to make waves in the crypto space, Ripple and its native currency XRP are no stranger to anyone familiar with crypto thanks to its cross-border efficiency and rapid low-cost transactions. With spot crypto ETFs being one of the key achievements of 2024 for the crypto industry, many weren't surprised when Ripple CEO Brad Garlinghouse made headlines by stating that an .

Whipsaw refers to a situation where the price of an asset is moving in one direction but suddenly reverses and moves in the opposite direction. A whipsaw can occur when prices are rising or falling, and are typically seen during periods of high . That's why traders in the notoriously turbulent crypto markets would be wise to read up on whipsaws. OKX is here to help.

Does the idea of manual trading feel daunting? Thanks to the availability of crypto trading bots under our Smart Trading product suite, you too can effortlessly automate your trades and enter the world of trading algorithms and bot trading in one click. With the help of bot trading, you'll no longer have to keep your eyes glued to the charts to execute trades as your pre-programmed bots will simply make the trades for you.

We are proud to announce that we've worked with Komainu , a leading regulated digital asset service provider and custodian, built by institutions for institutions, to unveil an expansion of our partnership to offer institutional clients an enhanced off-exchange custody solution, further boosting the security of their digital assets.

With crypto options, the concepts of strike price and 'moneyness' play pivotal roles in determining the value and potential gains when trading crypto option contracts. For option traders interested in maximizing gains or effectively managing risk, understanding these terms is essential given the volatility involved with the crypto space.

The 2024 U.S. Presidential election will conclude during November 2024, and as candidates Donald J. Trump and Kamala Harris campaign across the nation, crypto has been a topic of discussion for both. That won't be surprising to many given the industry's continued march into mainstream consciousness and its disruption of financial conventions, making it a talking point that's tough to ignore.

The Bull Flag Pattern is a technical analysis chart pattern commonly used in trading. It is considered a continuation pattern, which indicates a temporary pause in the upward trend of an asset before

At times, trading can be very overwhelming. Timing one's entry and exit points in a volatile market is easier said than done. However, to help make those decisions a lot easier, market participants ca

Does it sometimes feel like you're guessing when trading crypto? Given the notoriously volatile price swings for various coins and tokens, it's certainly challenging to predict future movements. This is where (TA) comes in handy, as TA uses historical price data and various indicators to identify potential trading opportunities.

Unlike trading spot or futures contracts, crypto options trading offers unique opportunities to simultaneously lock in gains based on changes in volatility and manage overall risk exposure. It's ultimately this versatility that draws crypto option traders to the tactic. To remain a successful trader over time, a critical options trading concept to master is the idea of In-The-Money (ITM) and Out-Of-The-Money (OTM) options. With ITM and OTM options representing varying levels of risk and reward, it might seem daunting to dive into. In this guide, we’ll break down the essentials of ITM and OTM options, comparing their pros, cons, and the crypto option strategies that traders use to gain an edge in the crypto markets.

Slippage describes a situation where the expected price of a trade is different from the price obtained when the trade is executed. Slippage usually occurs when a trading platform can’t immediately execute a trade at the preferred price.

When trading crypto options, having a solid understanding of market behavior and risk is crucial. One of the most effective ways to assess and manage these risks is by using the option Greeks. As a set of metrics that provide insights into how various factors affect the pricing of options, option traders can evaluate how lucrative their trades will be by basing their calculations on these option Greeks.

The crypto market is one of the most volatile markets in the world, and is one of the reasons why the crypto sector has become so popular in recent years. Usually, the prices change due to positive or negative news, major developments, and controversies. There are also cases when crypto prices change due to price manipulation. In order to manipulate the price of global assets such as cryptos, you need a significant amount of capital. However, there are some people who have this kind of capital and can impact the market quite severely.

Crypto remittance scams are a growing concern in the crypto space. These scams deceive individuals into sending crypto or fiat money, with the false promise of receiving a larger sum in return. Like , remittance scams exploit vulnerabilities, using false promises and emotional manipulation. This article outlines what crypto remittance scams are and offers guidance on how to protect yourself.