Trading Tools (101)

Copy trading is a method that allows less experienced traders to copy the positions of their more experienced peers. The tactic is considered by many to be a relatively simple way for growing traders to gain exposure to sophisticated crypto trading strategies. However, it’s important to remember tha

As cryptocurrency continues to promote decentralization, Governance tokens have become a staple within the industry. Decentralized projects, such as blockchain games, decentralized exchanges (DEXs), or decentralized autonomous organizations (DAOs), are the primary platforms that adopt governance tok

Istanbul, Türkiye, July 11, 2023 - OKX, one of the largest crypto platforms by trading volume and a leading Web3 technology company, has announced the upcoming launch of a trading competition, starting in Türkiye, to identify the Top Lead Traders for the OKX Copy Trading product. Set to launch on Ju

As a trader navigating the rapid pace of the cryptocurrency world, maximizing efficiency and making sure of trading integrity is crucial. OKX understands these needs, and that's why we've introduced the Self-Trade Prevention (STP) feature, specifically designed to enhance your trading experi

Cryptocurrency trading has become a popular investment opportunity, but it also comes with significant risks. With volatile market conditions and a steep learning curve, it can be challenging for both new and experienced traders to enter the world of crypto trading. That's where crypto paper tra

Cryptocurrency has grown to become one of the most popular assets to trade in recent years. Due to its highly volatile nature, the value of the asset constantly moves up and down. This opens up multiple trading opportunities. As a result, traders could sometimes enjoy larger rewards, and do so faste

Candlestick charts are a popular type of financial chart traders use to analyze price movements in various markets, including cryptocurrencies. They were initially developed by Japanese traders in the 18th century and are now widely used worldwide. Candlestick charts are a visual representation of p

Blockchain technology is considered to be one of the most groundbreaking innovations to emerge in recent years. It has seen a significant amount of adoption recently, and is a major reason why the cryptocurrency sector has grown so much in so little time. Cryptocurrency is a hard concept to grasp an

The Bollinger Band is a popular technical analysis tool used to measure volatility and identify potential price trends for various financial instruments, including cryptocurrencies. Developed by John Bollinger in the 1980s, Bollinger Bands consist of three bands: an upper band, a middle band and a l

A bear flag is a technical analysis pattern that can indicate a potential price reversal in a financial market. It is formed when the price of an asset experiences a sharp decline, called the "pole," followed by a period of consolidation, which is commonly referred to as the "flag.&qu

The ascending wedge pattern is a widely recognized technical analysis chart pattern that provides traders with insights into potential trend reversals or continuations in the financial markets. This pattern can be observed in financial instruments, such as stocks, forex, commodities, and cryptocurre

In the fast-paced world of digital assets, it’s essential to have a reliable tool to monitor and analyze smart contracts on the Solana network. This is where Solscan comes in. In this post, we introduce you to Solscan, an analytics platform that allows you to view and analyze Solana smart cont

In algorithmic trading (black-box trading), a computer program executes a deal based on a predetermined set of guidelines. Algorithms can execute trades with a rate and regularity that would require more work for a human trader in theory. Investors of all levels can use algo orders. They make market

Swing trading is a strategy that involves buying and selling financial assets, such as stocks or currencies, over a short period, typically a few days to a few weeks. The goal is to capture short-term price movements in the market rather than holding positions for months or years, as is the case wit

Average True Range (ATR) is a technical analysis indicator that measures the volatility of an asset. It was developed by J. Welles Wilder Jr. and published in his book "New Concepts in Technical Trading Systems" in 1978. ATR is designed to give traders an idea of how much a price has moved

Trading the crypto market comes with its own set of technical requirements. Due to its high volatility and unpredictability, investors need to understand how chart analysis works. One key chart analysis tool that traders turn to is the 3 white soldier pattern. This popular candlestick pattern often

In crypto trading, the long-short ratio is an important metric to understand. It measures the relative strength of bullish or bearish sentiment in the market. The ratio is calculated by dividing the number of long positions (bets that a crypto asset will increase in value) by the number of short pos

Bitcoin is by far the most recognized crypto within the industry. The decentralized asset controls more than 40% of the crypto market share. No wonder it is the most talked about and traded cryptocurrency. Many investors prefer to hold Bitcoin due to its intrinsic value-retaining ability. Some buy a

Diving into the blockchain space requires getting access to a cryptocurrency wallet. Most Decentralized Finance (DeFi) features, such as crypto assets staking, need to be supported. Kukai wallet is one of the most popular wallets that supports the Tezos Blockchain. It was created in 2018 and would,

As much as investing requires a clear head and thrives on research, human emotions still play a significant role in the financial space. And just as analysts use market sentiment to gauge if a bull or bear run is imminent or in full swing, the Crypto Fear and Greed Index is used to gauge human emoti

If you wish to become a professional trader or investor, you have to learn how to use trading tools. This is the only way to be able to predict the price accurately and make educated moves. Otherwise, you are just guessing, which puts you at a greater risk of losing your money. This is true whether

AirSwap is a decentralized peer-to-peer (p2p) cryptocurrency exchange built on the Ethereum blockchain. The exchange aims to solve the problems associated with the order book model of transactions. How does AirSwap work to solve this problem? AirSwap takes a different approach than other decentraliz

Augur is a decentralized protocol where users can launch prediction markets powered by smart contracts. It provides the technology required to bet on the potential outcomes of events. Not only that, the entirety of the process, including betting and settlements, occurs on the Ethereum blockchain. Th

Our partnership with Mizar helps traders to manage their crypto assets in an automated and smart way. Read more below 👇 What is the Mizar OKX trading bot? Mizar is a crypto trading platform to manage and automate your orders. On Mizar, you can create your bots or copy-trade successful pros to manag