(MENAFN- B2Press) Nassau, Bahamas - CoinRoutes, one of the leading providers of algorithmic trading strategies and execution management with industry-leading crypto exchange and Web3 technology company OKX, today announced that they were expanding to include partnerships with a range of API-enabled trading services for institutional clients.Institutional users with an OKX account can now trade OKX through the CoinRoutes interface, which offers advanced trading algorithms, market data panels, and a proprietary transaction cost analysis feature that measures trading performance. Supported order types include automatic buy-sell difference and multiple product buy-sell transactions in a single order.
Lennix Lai, Chief Commercial Officer of OKX, said,“As we expand our integration with CoinRoutes, one of the world's largest crypto order fulfilment management systems (OEMS), institutional users of OKX will be able to improve their trading strategies with the support of a very strong partner. With this agreement, we have expanded the range of products, services and incentives we offer our users to provide a better trading experience while strategically expanding our broker network.”
Dave Weisberger, CEO and Co-Founder of CoinRoutes, said,“We are very excited to announce our integration with OKX, one of the leading global crypto exchanges. This strategic alliance reflects our mission to provide our users with the most comprehensive and highest-performing digital asset trading solutions worldwide. We will continue to support our users' trading strategies by taking advantage of OKX's features, such as high liquidity and superior transparency, thereby increasing their potential to perform high-performance transactions. This partnership is a significant step forward for us, supporting our commitment to deliver innovative, efficient and data-driven trading solutions while continuing to expand our global footprint.”
About OKX
OKX is a global crypto exchange and Web3 ecosystem that is leading in the industry. With over 50 million users globally trading confidently, OKX is recognized by traders worldwide as one of the fastest and most reliable crypto trading apps.
Having high-level partnerships such as English Premier League champion Manchester City FC, McLaren Formula 1, Olympic medalist Scotty James and F1 driver Daniel Ricciardo, OKX aims to maximize the fan experience with new fan-focused collaboration opportunities. OKX also remains the main partner of the Tribeca Festival, taking part in an initiative aimed at attracting more creators to the Web3 space.
In addition to being a cryptocurrency exchange, OKX also offers products and solutions on the OKX Wallet platform that enable its users to trade with GameFi and DeFi tokens while exploring the world of NFT and the metaverse.
Attaching great importance to transparency and security, OKX publishes Proof of Reserve reports every month.
To learn more about OKX, download our app or visit our website: okx.com
About CoinRoutes
CoinRoutes is an enterprise-grade best-in-class crypto trading Execution Management System (EMS). CoinRoutes allows you to trade on over 65 major CEX, DEX and Liquidity Provider (LP) platforms covering over 3,000 assets in the Spot, Perpetual Swap and Futures markets using a single API or trading application. You can trade DeFi and CeFi on CEX, DEX and LPs with a single order. CoinRoutes' superior system allows you to select counterparties and diversify your counterparty risk instantly. CoinRoutes' proprietary distributed architecture gives its users control over their digital wallets and keys. With a single order, its advanced algorithms, including automatic buy-sell difference transactions and multi-product buy-sell transactions, can execute orders faster and at the lowest cost to minimize market impact and reduce slippage. In addition, with the Transaction Cost Analysis (TCA) function, users can evaluate their investment performance against five benchmarks, including the proprietary Cost Calculator. CoinRoutes was founded from the ground up in 2017 by former Two Sigma, ITG and Lava executives to address the unique market structure of crypto assets.
To learn more about CoinRoutes, you can visit coinroutes.com.
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide investment, tax, or legal advice and should not be considered an offer to trade, hold, or provide any services related to digital assets. All digital assets, including stablecoins, involve a high degree of risk, can exhibit large price fluctuations or even become completely worthless. You should carefully consider whether trading or owning digital assets is appropriate for you, based on your own financial situation and risk tolerance. OKX does not provide investment or asset advice. You are solely responsible for your investment decisions. OKX is not responsible for possible losses. Past performance is not a measure of future results. For questions regarding your personal situation or circumstances, please consult your own legal/tax/investment professional.
Contact: Tülay Genç | [email protected] | +31 30 799 6022