OKX Announces Upcoming Launch Of Its Signal Trading Platform

OKX, a leading crypto exchange, is elated to announce the upcoming launch of its Signal Trading platform, to bridge the gap between traders and signal providers

According to the OKX team, Signal Trading is a trading bot and marketplace created to allow users to access automated trading strategies based on signals or technical analysis. Users can buy or sell their crypto assets through the marketplace.

Notably, Signal Trading is scheduled for launch between August and September 2023. When fully launched,  the marketplace will provide users with several signal providers, including pro traders and institutions. Currently, OKX welcomes any interested users and signal providers to sign up to the waitlist for updates and access to the marketplace. 

The team behind the project plan to integrate Signal Trading with TradingView, a move intended to allow traders and signal providers to create signals directly on charting platforms. This decision will reportedly help users specify the desired action, instruments and other parameters linked to the trading signal.

Commenting on the platform, OKX Global Chief Commercial Officer Lennix Lai stated:

“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.”

The marketplace will provide signal providers with access to over 50 million traders, the ideal place for expansion. Signal Trading will also significantly reduce latency and costs currently associated with listing on third-party platforms. In addition, the marketplace will allow traders to automatically follow, access and copy signals saving on time, cost and effort.

OKX is the world’s second-largest crypto exchange by trade volume. The exchange is a leading Web3 ecosystem, trusted by more than 50 million global users. In its years of operations, OKX has proved reliable, secure and fast regarding crypto trading.