Trading Streak

Q: Where can I find definitions of trading terms?

Visit the Ouinex glossary for detailed definitions and explanations of trading terms.

Q: What are slippage and spreads, and why are they important?

Slippage: The price difference between expected and actual price when trading, especially in volatile markets. Spreads: The gap between the bid and ask prices, representing a hidden cost to the trader. On Ouinex you see spreads in real time as you trade, as well as the estimated slippage. Plus, you can set the maximum negative slippage you allow. For more in-depth and easy to understand explanations of slippage and spreads, see our glossary.

Q: What is a bear market, and how does it affect trading?

A bear market occurs when asset prices decline over time, leading to investor caution. Traders may adjust strategies to profit from downward trends, such as trading derivatives instead of spot crypto, for example.

Trading Streak rewards daily trading activity with bonus NEX Points during Ouinex SocialFi Season 1. Learn more in the Ouinex Academy.

Learn to Trade

DEFINITION

Trading Streak is a Season 1 engagement mechanic that rewards users with bonus NEX Points for placing at least one trade every day without missing a day.

IN PLAIN

It works like a gym attendance streak: show up and log an activity each day and the streak keeps building toward a bonus, but skip a single day and the counter resets to zero.

KEY TAKEAWAYS

Any trade counts toward the streak, spot or derivatives, so it is easier to maintain than the derivatives-only rule that governs the main NEX Points pool
A 5-day streak pays a fixed 2,000 NEX Point bonus
Every 25-day streak pays a fixed 10,000 NEX Point bonus
The streak resets to zero the moment a single day passes without a trade, with days measured from midnight UTC

ON OUINEX
The SocialFi page shows a live streak counter and the number of days remaining until the next milestone. Participating in SocialFi does not guarantee monetary rewards. T&Cs apply. Minimum deposit and withdrawal $10.

Back to the Glossary

Other terms in this Category.

Take-Profit Order Technical Analysis Tether (USDT)Token (in Crypto)Toncoin (TON)Total Value Locked (TVL)Trading Pair Trend Following Trustless (in Blockchain/Crypto)

Frequently Asked Questions

Where can I find definitions of trading terms?

What are slippage and spreads, and why are they important?

What is a bear market, and how does it affect trading?

Trading Streak

ON OUINEX

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