OKX to Become First in CeFi to Launch AI-Powered Automated Trading Platform, Celebrates with 'Smart Trading Super League' Campaign Featuring 150k USDT in Prizes
June 20 2024 - 12:36AM
OKX, a leading crypto exchange and global Web3 technology company,
today announced the upcoming Q3 launch of 'Smart Trading,' an
AI-powered platform that consolidates all of OKX's automated
trading products - including Copy Trading, Signal Trading and
Trading Bots - into a single marketplace. OKX is the first major
player in the CeFi space to offer a consolidated marketplace
powered by AI and trade replication technology, catering to traders
of all experience levels.
To mark the upcoming launch of 'Smart Trading,' OKX today
launched its 'Smart Trading Super League' campaign featuring
150,000 USDT worth of prizes and exclusive, lasting rewards for
lead traders. The campaign forms part of a year-long series of
initiatives preceding and following the launch of 'Smart Trading.'
Registration for the campaign begins on June 20 at 00:00 (UTC+8),
while trading begins on July 1 at 00:00 (UTC+8) and ends on July 31
at 23:59 (UTC+8).
OKX's 'Smart Trading' marketplace, designed to help eliminate
crypto entry barriers, will initially offer the following automated
trading solutions:
- Copy Trading, which allows customers
to replicate the strategies of top-performing 'lead traders';
- Signal Trading, a trading bot and marketplace offering
automated strategies based on technical analysis, or 'signals,'
that can suggest when to buy or sell crypto; and
- Trading bots, which give customers
the ability to use programmed algorithms to execute trades
automatically based on specific trading strategies.
These solutions will be accompanied by a range of UX
enhancements, including features that help customers discover
products, traders or strategies based on macro market trends.
Additionally, the 'Smart Trading' platform experience will
continuously evolve to match each trader's level of expertise, as
well as introduce new products and tools, like dual investment
subscriptions where the parameters are set by AI, that are
currently unavailable.
Eligible 'Smart Trading Super League' participants who trade via
OKX's copy trading products, as well as trading and signal bots,
will be ranked according to their individual Profit and Loss (PnL)
percentage growth, with the top-ranking lead trader taking home
10,000 USDT. In addition to accessing the exchange's market-leading
'Lead Trader Benefits Package,' which features increased
commissions and other trading-related perks, lead traders will be
invited to join OKX's 'Alpha Traders' community, granting them
access to exclusive events, regional meetups and much more.
OKX Global Chief Commercial Officer Lennix Lai
said: "We're excited to be the first in CeFi to offer an
AI-powered automated trading platform that adapts to both the
market and the trader's level of expertise. By leveraging
innovative technologies such as AI, we aim to eliminate entry
barriers to crypto trading, with the goal of making trading more
accessible, efficient and rewarding for both beginners and
experienced traders."
Note: Not all products are available in all regions. OKX
reserves the right to determine and amend the rules of the campaign
at any time without further notice, including but not limited to
canceling, extending, or terminating this campaign, modifying the
eligibility conditions for users participating in the campaign, and
adjusting the campaign and reward rules. For the campaign's full
terms and conditions, click here.
For further information, please contact: Media@okx.com
About OKXOKX is a leading global crypto
exchange and Web3 ecosystem. Trusted by more than 50 million global
users, OKX is known for being the fastest and most reliable crypto
trading app for traders everywhere.
As a top partner of English Premier League champions Manchester
City FC, McLaren Formula 1, and Olympian Scotty James, OKX aims to
supercharge the fan experience with new engagement opportunities.
OKX is also the top partner of the Tribeca Festival as part of an
initiative to bring more creators into web3.
Beyond OKX’s exchange, the OKX Wallet is the platform's latest
offering for people looking to explore the world of NFTs and the
metaverse while trading GameFi and DeFi tokens.
OKX also regularly publishes articles, accessible via OKX
Learn. These articles provide readers with in-depth analyses
of all cryptocurrencies, including factors
influencing Bitcoin prices and Ethereum prices.
OKX is committed to transparency and security and publishes its
Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or
visit: okx.com
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