Singapore, October 10, 2023 – (SeaPRwire) – BMTC today announces the release of a proprietary bridge technology enabling the integration of the forex trading software MT4 with the leading digital assets trading platform OKX, making crypto trading more accessible to non crypto-native traders.
For many years, MT4 software has been a prominent tool in forex trading. Its user-friendly interface and stability made it a preferred choice for numerous traders worldwide. However, with the growth of cryptocurrency trading, certain limitations became evident. Traders using MT4 for cryptocurrency trading sometimes face limited liquidity, marked by wide spreads and a 5-day trading window each week.
BMTC’s new bridge technology addresses these challenges. It connects MT4 software directly to the OKX exchange, providing traders with improved access to the cryptocurrency market’s liquidity conditions. With this integration, traders’ funds stay securely in their OKX accounts, allowing them to monitor their fund status and transaction history while utilizing the full range of MT4 software features. This also encompasses the Expert Advisor (EA) function for automated trading, which can enhance trading effectiveness.
OKX Global Chief Commercial Officer, Lennix Lai, said: “I believe the bridging technology developed by BMTC, which integrates OKX with the MT4 trading software, is particularly promising given the technical similarities between forex and crypto trading. This innovative approach can serve as a conduit between traditional and crypto trading realms. As a result, it stands to unlock many opportunities for traditional traders eager to explore crypto trading.”
Alongside its advanced technology, BMTC is set to launch the first BTC/USDT perpetual contract scalping contest on the MT4 platform in Asia. This contest aims to encourage competition among traders, focusing on trading volume and scalping techniques, elements that might differ from traditional forex broker standards.
This contest represents a significant step in integrating the established structure of traditional forex trading with the growing domain of cryptocurrency trading. With this initiative, BMTC demonstrates its commitment to bridging the gap between traditional and crypto markets, providing a comprehensive platform for traders to operate within this dynamic trading environment.
BMTC is the trade name of Bridge Markets, a Crypto Assets Services Provider registered with the Cyprus Securities and Exchange Commission (CySEC). The company is committed to adhering to the highest standards of compliance and refrains from conducting business with individuals or entities associated with the United States, Russia, Iran, Syria, North Korea, and Cuba.
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.
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