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OKX to Launch Signal Trading Platform, Empowering Traders with High-Quality Signals and Seamless Execution

OKX Learn
OKX Learn
Published on Jul 06, 2023
Updated on Apr 25, 2024
3 min read
  • 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

DUBAI, UAE, July 4, 2023 - 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. With Signal Trading, users can access, follow and copy signals without manual execution, saving time and effort.

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."

DISCLAIMER This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

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