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SINGAPORE, March 14, 2023 /PRNewswire/ -- BingX, one of the leading cryptocurrency exchanges, announced its direct integration with MetaTrader 5 (or MT5), a multi-asset platform that allows market participants to trade forex, stocks and futures. In this way, BingX continues to streamline the trading process with innovative technology from traditional finance and provide users with a more understandable and user-friendly trading experience.
MT5 is a popular trading platform used for financial instruments such as stocks, fiat currencies, commodities, and cryptocurrencies. It is an improved version of the MetaTrader 4 (MT4) platform, which is currently used by most organizations. MT5 offers advanced features such as more technical indicators, Depth of Market (DOM), and the ability to trade multiple exchanges. The tool is also designed to support automated trading systems and allows traders to develop their own trading robots and indicators.
This integration is a significant milestone for both BingX and MT5 as it unites the advanced features of both platforms to provide a seamless cryptocurrency trading experience. Connecting to MT5 allows BingX users to easily activate their BingX MT5 account and trade futures directly from the MT5 interface, while taking advantage of tools for convenience and accessibility. Orders placed on MT5 will also be updated in the BingX order book. In this way, BingX users can expect a safe and stable trading experience with cryptocurrencies like BTC and ETH thanks also to more advanced analytics tools for quantitative trading and custom features. In addition, risks will be eliminated thanks to quick access to updated market information. This integration also opens the door to the crypto world for MT5 forex traders so they can easily start trading.
Elvisco Carrington, Director of PR and Communications at BingX, stated that "the integration with MT5 is one of many initiatives that BingX has taken to improve the trading experience." "We are looking to reach our next peak by following the BingX values of being innovative and trustworthy. We believe this integration will help users make more professional and informed decisions to stay ahead of the competition. We see this integration as the perfect match between the blockchain industry and traditional finance. BingX maintains its role as an innovation leader in this industry and will continue to push the boundaries and explore more possibilities in the future," Nyvold concluded.
BingX is one of the leading cryptocurrency exchanges that offers spot trading, derivatives, copy trading and grid trading services; to more than 100 countries and regions worldwide, with more than 5 million users. BingX continues to connect users with expert traders and the platform in a secure and innovative way.
Visit BingX at www.bingx.com/es-es/
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