OKX and CoinRoutes expand partnership to provide comprehensive API trading services for institutional users
Institutional users can now trade on the CoinRoutes interface through their OKX accounts, which offers advanced trading algorithms, a market data dashboard, and proprietary trading cost analysis features to measure user trading performance.Author: OKX
On August 9, 2023, global leading cryptocurrency exchange and Web3 technology company OKX announced an expansion of its partnership with leading algorithmic trading strategy and execution management provider CoinRoutes to provide comprehensive API trading services for institutional users.
Institutional users can now trade through the CoinRoutes interface with their OKX accounts, which offers advanced trading algorithms, market data dashboards, and proprietary trading cost analysis features to measure user trading performance. CoinRoutes' order types include automated arbitrage trading and multi-product trading within a single order.
Lennix Lai, Global Chief Business Officer of OKX, stated, "CoinRoutes is one of the largest crypto order execution management systems in the world. Our integration with CoinRoutes aims to enable institutional users to optimize their trading strategies through OKX's powerful partnerships. Furthermore, this collaboration expands OKX's brokerage landscape while providing users with better products, services, and incentives to further enhance their trading experience."
Dave Weisberger, CEO and Co-Founder of CoinRoutes, said, "We are excited to announce our integration with the world’s leading cryptocurrency exchange, OKX. This strategic alliance aligns with our mission to provide the most comprehensive and high-performance digital asset trading solutions to global clients. With OKX's extensive liquidity and exceptional transparency, we will continue to enhance our clients' trading strategies and execution efficiency. This partnership with OKX is an important step in expanding our global business footprint and reinforces our commitment to delivering innovative, efficient, and data-driven trading solutions to our users."
About OKX
OKX is a global leading cryptocurrency exchange and Web3 technology company. OKX is trusted by over 50 million users worldwide for providing a cryptocurrency trading application that combines speed and reliability.
OKX closely collaborates with Premier League champions Manchester City F.C., McLaren F1 Team, Olympic snowboarder Scotty James, and F1 driver Daniel Ricciardo to enhance fan experiences through innovative interactions. Additionally, OKX is a top partner of the Tribeca Festival, dedicated to attracting more creators into the Web3 space.
In addition to OKX exchange services, OKX has recently launched the OKX Web3 wallet service, aimed at providing users with a one-stop Web3 gateway to explore DeFi, NFTs, DEXs, GameFi, and more.
OKX is committed to enhancing transparency and security, regularly publishing reserve proof reports each month. For more information about OKX, please download our app or visit.
About CoinRoutes
CoinRoutes is a premier institutional-grade cryptocurrency trading execution management system (EMS). With CoinRoutes, you can achieve optimal trade execution across over 3,000 assets (spot, perpetual contracts, futures) on 65 major centralized exchanges (CEXs), decentralized exchanges (DEXs), and liquidity providers through a single API or our trading application.
In a single order, you can trade across CEXs, DEXs, and LPs, facilitating transactions between DeFi and CeFi. Our system allows you to instantly select counterparties and helps you diversify counterparty risk. CoinRoutes' patented distributed architecture enables our clients to control their digital wallets and private keys. Our advanced algorithms include automated arbitrage trading and multi-product trading within a single order to achieve the lowest costs while minimizing market impact and completing orders faster to reduce slippage.
Additionally, our built-in trading cost analysis (TCA) will help you evaluate your trading performance against our five benchmarks, including our proprietary cost calculator. CoinRoutes was founded in 2017 by former executives from Two Sigma, ITG, and Lava, addressing the unique market structure of crypto assets from the ground up.
To learn more about CoinRoutes, please visit.
Disclaimer
This announcement is for informational purposes only. It is not intended to provide any investment, tax, or legal advice and should not be construed as an offer to buy, sell, or hold digital assets. Holding digital assets, including stablecoins, involves a high degree of risk, and market volatility may be significant, potentially resulting in the loss of your entire asset value. You should carefully consider whether trading or holding digital assets is suitable for you based on your financial situation and risk tolerance. OKX does not provide any investment or asset advice. You are solely responsible for the investment decisions you make, and OKX will not be liable for any losses. Past performance is not indicative of future results. If you have any questions regarding your specific situation, please consult your legal/tax/investment advisor.
