04 Aug OKEx Launches Crypto Derivatives Trading Data Insights Platform
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Malta-based cryptocurrency exchange OKEx recently introduced a new data insights platform that captures trading trends for digital asset derivatives.
OKEX’s latest insight and analytics tools will allow users to view real-time data on the trading platform’s futures and perpetual swap markets for nine major crypto assets, including Bitcoin (BTC), Ether (ETH), and XRP.
The data analysis platform features six different indicators of crypto market trends: basis, long/short positions ratio, open interest and trading volume, buy/sell taker volume, top trading average margins and sentiment index.
OKEX’s new trading insight platform, referred to as the Futures & Perpetual Swap Market Data, aims to provide important insights for the exchange’s clients so that they can make informed decisions about how to execute trading strategies in the evolving crypto derivatives market.
Derivatives Trading Requires “Steeper Learning Curve”
Commenting on the launch of the data insight tool, Andy…
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