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
- With the upcoming launch of ‘Smart Trading’ in Q3, OKX will be the first major player in the CeFi space to offer a consolidated, automated trading marketplace powered by AI and trade replication technology, catering to traders of all experience levels.
- In addition to accessing OKX’s market-leading ‘Lead Trader Benefits Package,’ which features increased profit sharing and other trading-related perks, lead traders will also be invited to join OKX’s ‘Alpha Traders’ community featuring benefits such as free travel to OKX events and more.
NASSAU, the Bahamas, June 20, 2024 (GLOBE NEWSWIRE) — 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 OKX
OKX 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
