Roxim Exchange Review: Trade Gold & Bitcoin — Full Breakdown & Transcript

[00:03] you trade stocks and commodities in Bitcoin. You might think that this is like every other exchange, but it is not. And I'll tell you exactly why. By now, you must know that gold has been breaking and attaining a new all-time

[00:18] high almost every other week. Now, let's say last October, I took a long position say last October, I took a long position on gold, risking $10,000 at no leverage. on gold, risking $10,000 at no leverage. gold is up 66% since then. So my account

[00:34] gold is up 66% since then. So my account balance would have grown to 16,600. balance would have grown to 16,600. But if that same account was denominated But if that same account was denominated in Bitcoin, it would be $26,892

[00:51] because Bitcoin itself has risen by over 62% during the same period. So, which would you rather have 16,600 or over 26,000? Doing the exact same thing. Now, imagine that I applied a 2x leverage on this. That is over $53,000.

[01:12] This is exactly what caught my attention when Rogom reached out to me to review when Rogom reached out to me to review their platform. The idea is simple but powerful. As money continues to flow into Bitcoin every week through the

[01:27] into Bitcoin every week through the Bitcoin ETF and gold keeps rallying, Bitcoin ETF and gold keeps rallying, Roxim is giving you exposure to both of these assets with the same capital. And in this video, I'm going to give my

[01:40] honest review on Roxim because Roxen just launched. We're going to learn if they are registered and regulated. Is it safe to trade on Roxim? How easy is it to deposit and withdraw your money? And of course, I did things that I think

[01:54] they can do better. And if you watch this video to the end, I will share how to join a private trading challenge I'm organizing, but it's only open to those who take action following the instruction at the end of the video.

[02:09] Now, let's start by heading over to the Roguin website. They don't have a mobile app yet. Uh as a matter of fact, Rogzim just launched yesterday and I'm reviewing it today. Now beside gold, you can trade oil, S&P 500 and several other

[02:27] assets. And Robin is designed in such a way that you can trade this asset 24/7. There's actually no break in trading on this platform because of the power of Bitcoin. So they have the derivative market which is live and they also have

[02:42] sport markets where you can buy several stock which is coming soon. If you go down this section here shows the brief history of the capital market starting

[02:54] in6002 with the Amsterdam stock exchange all the way to the Bitcoin capital market in 2005. It's a good read. I think you should just go ahead and read it if you have the time. and Roxson have this

[03:08] reputable investors and partners with these platforms here. So right down here you'll see that Roxson markets is incorporated and regulated in El Salvador authorized as a digital asset service provider and

[03:25] Bitcoin service provider under the country's digital law. This is the same regulatory framework that recognizes Bitcoin as a legal tender in El Salvador. So yes, they are officially based and registered in El Salvador, the

[03:40] world's first Bitcoin nation. And from the information I gathered from multiple credible sources online, Rogen has credible sources online, Rogen has raised a total of $32.2 million in

[03:53] funding. That includes a 4.3 million from its preede round in 2004, $17.9 million from the main exchange series in 2005 and another $10 million from media

[04:07] focus round that launched on Roxson TV. All together that is a strong funding base. It shows that Roxen has enough capital and serious backers to actually build and scale a Bitcoin denominated exchange. And for a new platform in this

[04:24] exchange. And for a new platform in this space, that level of support is a very good sign. So to create a Roxom account, it's really simple. Use the link in the description of this video to do that. When you do that, it will bring you here

[04:36] to register your account. I've done mine, so you can go ahead and do yours. Now, to make a deposit, you click on deposit here. Again, you trade in Bitcoin. So, you be you can only deposit Bitcoin. Now, once you deposit your

[04:49] Bitcoin to trade, if I come to my asset, you see that I already make a deposit of about $1,000 worth of Bitcoin. The money is going to be in funding account here. What you have to do to trade with it is to let's click on funding. Then, you're

[05:05] going to click on transfer to transfer it from funding to unified trading it from funding to unified trading accounts. This is what you have to do to be able to trade with the Bitcoin that you have deposited. Now, if I go to

[05:19] terminals, that's where I can see the market and the super charts. Then under trades, you see the spot trading is coming soon, but we'll have the futures trading live. So, when you click on futures, you can trade two assets, gold

[05:35] futures, you can trade two assets, gold and US 500. This should be the S&P 500 and US 500. This should be the S&P 500 against Bitcoin. Okay. So, let us trade gold against Bitcoin. Over here, you will see some statistics. You can see

[05:48] the price, the index price, 24hour change, um volume, and open interest. You also see the funding rate here as you see in most crypto exchanges. Now, the chart here is based off of Trading View. So you can use the trading tools

[06:04] like the trend line, the Fibonacci and every other tool the way you use on trading view. And if you go down here, this is where you see the reports when we place a trade. We'll come back to it soon. This shows the order book. And

[06:17] over here is where you place your trade. So you can do the isolated. Okay, they So you can do the isolated. Okay, they only have isolated now. I believe you should also be able to do the cross margin later. When you click on here,

[06:31] you can choose the leverage you want. I can choose to keep within one or two up to 10x the leverage. And in trading, I can trade limit order, market order, and conditional order. So, I'm going to leave it in limit order. As

[06:45] a matter of fact, for this test, I'm going to leave it in market order. And I can trade order by quantity and order by value. If you know me, you know that I trade a order by value a lot. So I'll leave it on order by value. Now let's

[07:00] place a trade. So gold has been dropping against Bitcoin. Okay. So let me move to the 15 minutes time frame. Now let's say I believe that we're going to have a retracement. All right. I can use this two to take a long

[07:15] position from here. Put my stop loss here and maybe go all the way here. this point. Now, if you want me to show you position size to trade this using the calculator, let me know in the comment

[07:29] section. But I just want to show you how to just place a trade here right now. So, to place a trade, I'm going to come here. So, I have this amount of SATs. Let's say I want to um place a trade with say a little

[07:43] percentage about 20% of this. That will be a 100,000 SATs. Then I'll go ahead be a 100,000 SATs. Then I'll go ahead and click on buy

[08:01] a pending order is going to be here. This one is open. So I'm here currently This one is open. So I'm here currently here. So these are the statistics. I am long on 1x and you can see my P&L and everything

[08:15] here. I can choose to close this trade here at this point. Now, this is how simple to use this estim. And by placing this, I'm already in

[08:27] profit. Actually, before we get to how safe Roxom is, only one thing I think they need to improve here, which is their stop-loss and take profit. They

[08:39] their stop-loss and take profit. They don't yet have it, but probably because the exchange is new. They are still building. So maybe in the next within a few weeks, we might have stop-loss and take profit included here and maybe have

[08:53] an app where you can trade directly from the app. Now, now let's answer the question. Is Roxim safe? The first thing to know is that Roxom is based in El

[09:05] Salvador, the only country where Bitcoin is a leg tender. They are officially registered there as both a digital asset provider and a Bitcoin service provider provider and a Bitcoin service provider under the same regulatory framework that

[09:19] governs El Salvador's national Bitcoin system. That is good. It means that they are not an anonymous offshore exchange. they are legally recognized and supervised under El Salvador's financial system. Now that said, being registered

[09:34] in El Salvador doesn't automatically make it a secure, more established exchange like Binance or Coinbase. Roxom is still very new. The platform just launched publicly yesterday, which means it hasn't yet built a strong track

[09:50] record of handling large trading volumes, liquidity stress, and potential cyber attack. I have personally tested the stam withdrawer and they both work the stam withdrawer and they both work fine. There is no issue here at all and

[10:05] even have two factor authentication built in for your own personal safety. That said, there is no public record yet of a major third party audit, insurance

[10:17] coverage or proof of reserve reports. These are things I like to see in the future as Roxim continue to grow. So in short, Roxim is LEGO registered and

[10:29] backed by reputable investors. The website is secure and transaction works as expected. So it is still in the early stage. So always do your own research as well. Now for the opportunity to join my trading challenge. These are the steps.

[10:44] One is create a rock account using the link in the description. Then two join my telegram signal channel using the link in the description as well. And in the comment section, tell me if you want me to make a video on strategy to trade

[11:01] gold, Bitcoin on Ronzen and how to calculate the position size to trade calculate the position size to trade safely on Roxen.