• OKX has announced the upcoming launch of Signal Trading, a marketplace where users can access automated trading strategies based on technical analysis.
• Signal Trading will be integrated with TradingView, enabling signal providers and traders to create signals directly on the charting platform.
• The marketplace will offer users advantages such as reduced latency and subscription fees, along with access to a wide variety of signal providers.
OKX Launching Signal Trading Marketplace
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, has announced the upcoming launch of Signal Trading, a marketplace where users can access automated trading strategies based on technical analysis (or ‘signals’). The marketplace is set to launch in August-September 2023 and will enable users to choose from a range of signal providers, including institutions and pro traders. Interested users and signal providers can sign up to the waitlist to be the first to receive updates and access.
Integration With TradingView
Signal Trading will be integrated with TradingView , enabling signal providers and traders to create signals directly on the charting platform. This integration allows for specified actions (i.e., buy/sell), instruments (i.e., crypto) and other parameters associated with that particular trading signal. Through this integration, users can follow or copy signals without manual execution – saving time and effort in the process.
Advantages For Providers & Traders
The introduction of OKX’s Signal Trading offers advantages both for providers and traders alike:
For Providers: Expansion opportunities; Reduced latency & costs; Integrated with powerful charting platform
For Traders: Avoidance of subscription fees; Reduced latency issues; Trust & reliability via one of world’s leading exchanges; Variety of signal providers available for comparison & selection
Lennix Lai’s Statement
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.”