BingX integrates MetaTrader 5 to improve crypto derivatives trading
SINGAPORE, March 14, 2023 /PRNewswire/ — BingXone of the leading crypto exchanges, has announced its direct integration with Metatrader 5 (or “MT5”), a multi-asset platform that allows market participants to trade currencies, stocks and futures. As the first exchanges linked to MT5 i crypto industry, BingX continues to optimize the trading process with breakthrough innovation from traditional finance and provide users with a more comprehensive and user-friendly trading experience.
MT5 is a popular trading platform used to trade financial instruments such as stocks, currencies, commodities and cryptocurrencies. It is an upgraded version of the MetaTrader 4 (MT4) platform, which is widely used by most organizations nowadays. MT5 offers advanced features such as more technical indicators, depth of market (DOM) and the ability to trade on multiple exchanges. It is also designed to support automated trading systems and allows traders to develop their own trading robots and custom indicators.
This integration is a significant milestone for both BingX and MT5 as it brings together the advanced features of both platforms to provide a seamless crypto trading experience. The connection to MT5 allows BingX users to easily activate their BingX MT5 account and trade futures directly from MT5’s interface and leverage tools for greater convenience and accessibility. Orders placed on MT5 will be updated in BingX’s order book. Users can expect safe and stable trading experience on cryptocurrencies such as BTC and ETH with more advanced analytical tools for quantitative trading and customized features. And most of the risks will be eliminated by quick access to up-to-date market information. Meanwhile, this integration also opens a door for forex traders on MT5 to crypto world so that they could easily start trying.
“The integration with MT5 is just one of the many initiatives that BingX has taken to improve the trading experience,” enthused Elvisco Carrington, Director of Public Relations and Communications at BingX: “Being innovative and reliable is BingX’s value, and it is also our guiding principle which leads us to the next peak. We believe this integration will help users make more informed and professional decisions and stay ahead of the competition. This approach characterizes BingX’s leading role in industry innovation. We see this integration as a successful blend of the blockchain industry and traditional finance. BingX will continue to push the boundaries and explore more opportunities in the future.”
BingX is a leader crypto exchange offering spot, derivative, copy and online trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way.