- OKX plans to give users access to automated trading strategies.
- The Signal Trading marketplace integrates with TradingView.
- Previously, OKX applied to become a registered digital asset provider in France.
OKX, one of the leading crypto exchanges, has unveiled a marketplace that allows users to access automated trading strategies, or ‘signals,’ based on technical analysis.
The Signal Trading marketplace is scheduled for release between August and September 2023. According to the official statement, the platform will offer users a wide array of signal providers, including esteemed institutions and professional traders.
Additionally, the platform will integrate with TradingView, the renowned crypto charting platform. OKX noted that this integration enables signal providers and traders to create signals directly on the charting platform and can specify the desired actions, instruments, and other parameters associated with each trading signal.
The report also highlighted that providers could expand their reach by listing signals on OKX’s marketplace, comparing various strategies, and ensuring they make informed trading decisions based on specific preferences and risk appetite.
Lennix Lai, the Chief Commercial Officer of OKX Global, expressed excitement about the upcoming launch, noting that Signal Trading will improve users’ trading experience. He added:
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.
In a related development, as Coin Edition reported, OKX recently applied to become a registered Digital Asset Service Provider in France to offer a range of products and services to its customers in France, ensuring compliance with local regulations. Having established OKX France last year, the exchange has been keen on expanding its operations within the European market.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
