Tordess partners with Web3 technology firm OKX to empower its retail crypto prop-traders By CIOTechOutlook Team

Tordess partners with Web3 technology firm OKX to empower its retail crypto prop-traders

CIOTechOutlook Team | Tuesday, 07 March 2023, 11:29 IST

Tordess, a new crypto prop-trading platform, today announced a cooperation with OKX, the second-largest crypto exchange in the world by volume and a pioneer in Web3 technology, to give traders on the Tordess platform access to the OKX markets.

Under this cooperation, Tordess customers will have access to OKX's sophisticated trading engine and extensive liquidity, giving them access to over 700 spot and futures markets and giving them more security when trading in the unpredictable cryptocurrency markets.

Our collaboration occurs at a time when access to trading capital is becoming a significant barrier for more and more retail traders. Although funded trader programmes for traditional markets like stocks and FX have been available on prop-trading platforms for a while, there hasn't been a comparable alternative for cryptocurrency trading due to a lack of technical and liquidity options.

With trading power up to $100,000, Tordess' prop-trade programme assists traders who have access to its cash. The financing programme gives traders the chance to accelerate their gains by allowing them to keep up to 90% of their earnings after meeting the requirements for a live-funded trading account.

The sophisticated trading infrastructure and technology used by OKX will speed up transactions and increase efficiency.

"We are excited to be partnering with OKX to bring enhanced liquidity and greater transparency to our qualified traders," said Dat Le, Tordess CEO and Co-founder. "This partnership will help our customers access the best prices in the market and make trading easier and more efficient."

"We are thrilled to be partnering with Tordess," said Lennix Lai, Managing Director of Financial Markets at OKX. "We believe this partnership will help to bring greater stability and confidence to Tordess traders, and we look forward to helping more people than ever access the crypto markets."

Both businesses are dedicated to giving the cryptocurrency markets more transparency and giving their consumers the greatest trading experience possible.