• OKX is adding a social feature called Orbit inside its trading app.
  • The exchange was recently valued at $25 billion after an investment from Intercontinental Exchange.

Crypto exchange OKX is introducing a new social networking feature, Orbit, to its trading application. This launch came right after the company received a strategic investment from the Intercontinental Exchange, valued at around $25 billion. This feature aims to combine trading tools and social interaction on one platform. 

What Orbit brings to Users

The orbit feature allows traders to interact with each other whiletrading. This helps users post market opinions, livestream trading discussions, and also create trading groups. According to OKX, these verified performance metrics will help users to avoid misleading market hype. This feature began beta testing on Feb 26 with minted groups, and after testing, the company plans to expand it to a broader user base. 

Social media has become an important source of market information for crypto traders, and many traders follow discussions on social platforms to make trading decisions about cryptocurrencies. OKX hopes to create a trusted environment where trading discussions happen alongside real performance data. The firm aims to bring this feature to help users to trade and learn from others on one platform

One of the Orbit’s key features is performance verification, and users who choose to share their trading results can display portfolio return, profit or loss records, and win rates. OKX hopes to create a more transparent and community-driven trading environment by implementing features such as user feedback mechanisms and educational resources for traders.  

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