• OKX, a leading crypto exchange, 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 to enable signal providers and traders to create signals directly on the charting platform.
• The marketplace will offer advantages for both signal providers and traders by reducing costs and subscription fees, as well as providing trust and reliability of using one of the world’s top crypto exchanges.
OKX Announces Launch of Signal Trading
Integration With TradingView
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,‘ which indicate whether to buy or sell crypto.
The marketplace, set to launch in August-September 2023, will allow 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.
Signal Trading will be integrated with TradingView , enabling signal providers and traders to create signals directly on the charting platform, as well as specify the desired action, instrument and other parameters associated with that particular trading signal.
Advantages for Signal Providers
With Signal Trading, users can access, follow and copy signals without manual execution, saving time and effort. Advantages for signal providers include:
- Expansion opportunities: Listing signals on OKX’s Signal Trading gives them access to a marketplace of over 50 million traders
- Integrated with TradingView: A leading platform for generating signals
: In many cases significant reductions in latency & costs typically associated with listing signals on third-party platforms
Advantages for Signal Traders
- Avoidance of subscription fees : Associated with third-party platforms < / li >< li >< strong >Lower latency issues < / strong >: That are prevalent on third – party platforms < / li >< li >< strong >Trust & reliability < / strong >: Of using one of the world’s leading crypto exchanges < / li >< li >< strong >Wide variety of signal providers < / strong >: To choose from & compare < / li >< / ul >< h2 >Conclusion < / h2 > 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 & a diverse range of signal provider available; Signal Tradin is sure to open up new possibilities for all involved parties.“