The Smart Trader's Debrief

Welcome to The Smart Trader's Debrief

Welcome to our new crypto insight series that's focused on exploring how you can apply smart trading most effectively. The Smart Trader's Debrief discusses all things copy trading, bots, signal trading, and AI in crypto.

Here, you can get briefed on market history, trends, and the benefits of smart trading, to help you become a more informed trader. Meanwhile, we'll explain how technology and AI are advancing and changing trading, so you're prepared for today and tomorrow.

An important note: The insight we provide in The Smart Trader's Debrief is #NFA (not financial advice). It is, however, fact-based, unfiltered, and definitely biased towards OKX.Enjoy!

Say hello to Smart Trading

For newcomers to crypto, terms like trading bots, signals, and lead traders can be confusing. But here's the good news for anyone keen to get into crypto trading without the expertise. In less than 90 days, OKX will launch a new AI-powered trading platform that combines automated and social trading tools into one intuitive interface.

Smart Trading simplifies things by offering real-time, tailored recommendations that allow one-click access to copying a seasoned trader, plus a trader's bot or signals. As the platform grows, more products for copying will be added to cater to different user needs and risk appetites, making trading accessible to all. This first-of-its-kind product in the centralized finance (CeFi) space democratizes trading, aiming to onboard the next billion users into crypto CeFi. Seasoned traders can also become lead traders, sharing strategies and earning profit-sharing perks, and more.

Welcome to the future of trading.

How Smart Trading benefits everyone

Mastering the basics of trading can seem daunting. Essential skills such as charting, technical analysis, and fundamental analysis are challenging to grasp. The time commitment required to learn these skills, coupled with the rapid changes in the crypto market, adds to the difficulty. When the influx of new traders lags behind the pace of innovation and growth in crypto, it signals a problem for the industry. This imbalance can lead to a focus on user acquisition through incentivized campaigns, rather than developments that guide the industry forward. As a leading name in crypto, it's important we do the right thing for our customers and our industry.

For users keen to start crypto trading, but without the know-how

Smart trading from OKX allows you to jump in and trade like a pro from the get-go. With Smart Trading, you won’t be trading directly but rather replicating the trades or strategies of seasoned traders. It’s like legally copying the smart kid in your class! Is this similar to copy or mirror trading, and tools like trading bots and signal trading, that we've seen elsewhere?

Yes, to a certain extent. Smart trading brings everything together on a single platform we call the marketplace. The platform recommends the best products across any category to replicate based on current market trends. This means you don't need to know how to identify top-performing traders and find suitable bots based on the current market cycle before copying them. All the recommendations are based on our AI technology and a trader's trading statistics.

I'm an experienced crypto trader — how can I get involved?

That's where it gets even better. As part of smart trading, seasoned traders can become lead traders. That means newcomers can leverage their expertise and replicate their trades. Lead traders earn a share of the gains from successful trades, which is a small percentage of the copier's earnings. If the trade doesn't make gains, nothing's rewarded.

Is Smart Trading available on OKX already?

Not yet — smart Trading is set to launch in less than 90 days. Keep an eye on OKX's official media channels for the announcement. In the meantime, the smart trading team is preparing a pre-launch kick-off campaign, the Smart Trading Super League, offering both lead and non-lead traders the opportunity to experience smart trading firsthand.Additionally, crypto veterans can apply to become lead traders through the campaign and enjoy the benefits of both lead trader status and campaign rewards.

As part of the Smart Trading launch, we're boosting our lead trader benefits across all products, elevating them from the usual product-line level to a category-level. Besides enhanced profit-sharing, this also includes exclusive perks, including invitations to special OKX events. This is another big development from the OKX CeFi team, as we reveal the first-ever category-level lead trader benefits in the market.