OKX to Offer Crypto Trading Signals to Retail Traders

OKX, one of
the biggest crypto exchanges by trading volume, has announced the launch of Signal
Trading, a trading bot and marketplace. The new platform, scheduled for release
in August-September 2023, offers automated crypto trading strategies for retail
traders.

Signal
Trading introduces a marketplace where users can access automated trading
strategies based on technical analysis or ‘signals.’ These signals provide insights,
indicating when to buy or sell digital assets.

Scheduled
for a rollout in the next few months, the marketplace enables traders to pick
from an array of signal providers. Early-bird users and signal providers can
currently register on a pre-launch waitlist.

The new feature
will be integrated with TradingView, a popular charting platform. The company
stated in the press release that Signal Trading goes beyond just generating
signals. Users will be able to specify actions, instruments, and other
parameters related to the particular trading signal. This hands-off approach
allows users to follow and copy signals without the need for manual execution
Execution

Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co

Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
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