Dubai, UAE, July 6th, 2023, Chainwire
OKX's Signal Trading is a trading bot and marketplace that bridges the gap between signal providers and traders
Signal Trading will be integrated with TradingView, enabling signal providers and traders to create signals directly on the leading charting platform
A pre-launch waitlist is available now for signal providers and institutions
OKX, a prominent Web3 technology company and the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of Signal Trading. This marketplace will offer users access to automated trading strategies based on technical analysis, or "signals," to determine whether to buy or sell cryptocurrency. The marketplace is expected to launch in August-September 2023 and will include a range of signal providers, including institutions and professional traders. Interested users and signal providers can sign up to the waitlist to receive updates and early access. Signal Trading will be integrated with TradingView, allowing signal providers and traders to create signals directly on the charting platform and specify the desired action, instrument, and other parameters associated with that particular trading signal. With Signal Trading, users can access, follow, and copy signals without manual execution, saving time and effort.
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Advantages for signal providers include:
Expansion opportunities by listing signals on OKX's Signal Trading, giving them access to a marketplace of over 50 million traders
Integrated with TradingView, a leading platform for generating signals
In many cases, a significant reduction in latency and costs typically associated with listing signals on third-party platforms
Advantages for signal traders include:
Avoidance of subscription fees associated with third-party platforms
In many cases, a significant reduction in latency issues that are prevalent on third-party platforms
Trust and reliability of using one of the world's leading crypto exchanges
A wide variety of signal providers to choose from and compare
OKX Global Chief Commercial Officer Lennix Lai said: "OKX Signal Trading will further improve users' trading experience on OKX by providing access to a diverse range of high-quality signals from top providers, reducing manual entry errors and unlocking a world of trading opportunities for traders. With advanced algorithms, real-time market data and a diverse range of signal providers available, Signal Trading will be the ultimate solution for those seeking to elevate their trading game and connect with a global community of traders."
About OKX
OKX is a prominent Web3 ecosystem and the second-largest global crypto exchange in terms of trading volume. It is trusted by over 50 million global users and is known for being a reliable and fast crypto trading app for traders worldwide.
OKX is a top partner of Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, aiming to enhance the fan experience with new engagement opportunities. As part of an initiative to bring more creators into Web3, OKX is also the top partner of the Tribeca Festival.
Apart from the exchange, OKX Wallet is the platform's latest offering, catering to people interested in exploring the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves monthly.
To learn more about OKX, download our app or visit: okx.com
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