TradingView adds Bitrue as newest crypto trading partner

abdelaziz Fathi

Professional charting and trading Platform TradingView has integrated Bitrue as the latest cryptocurrency data partner. TradingView announced the addition of the first-ever crypto exchange to its trading board back in 2018 when it signed Poloniex.

Bitrue traders will be able to conduct top-tier technical analysis using TradingView’s charting package.

The Singaporean centralized platform, which debuted in July 2018, is a diverse crypto exchange that supports spot and futures trading, crypto loans, and high-interest yield farming and staking.

“By sharing our data on TradingView, we can better expose the hundreds of assets that are already on Bitrue to the millions of traders on their platform. This can facilitate tokens with low market caps in finding the critical audience they need to make their businesses sustainable, eventually leading to their growth and success,” said Robert-Quartly-Janeiro, Chief Strategy Officer of Bitrue.

The deal is yet another marquee expansion for TradingView, as it continues to increase the number of supported crypto exchanges on its platform. Most recently, Binance Futures product was integrated with the professional platform, enabling users to perform technical and fundamental analysis, as well as trade through charts without leaving the site.

The alliance could boost interest in Binance’s offering after it was forced to wind down its futures and derivatives product in many countries amid a growing crackdown by regulators. The influential exchange has come under increasing regulatory scrutiny in Europe and Asia amid concerns about compliance and protection for investors.

Crypto derivatives surged in popularity among retail investors during the global pandemic, prompting regulators to put Binance and other platforms under increased scrutiny even though most cryptocurrency trading is unregulated.

TradingView is a data-driven investor community, which is ranked among the top 300 websites in the world, powering over 40,000 other websites and providing social networks. The company’s approach differs from other ‎social trading networks because it is chart-based with an emphasis on ‎visuals to support investing and provide communal space to view ‎and share trading ideas.‎

Read this next

Technology

XCritical integrates with Brokeree Solutions, allowing its clients to launch copy trading 

The forex software provider – XCritical, has integrated Social Trading by Brokeree Solutions into their CRM system.

Industry News

HKEX partners with Saudi exchange for cross listings, ESG, Fintech

“The Kingdom of Saudi Arabia, and the broader Middle Eastern region, are one of the world’s most dynamic and exciting economic and innovation hubs and also home to some of the fastest growing investor groups in the world. Hong Kong and HKEX’s markets offer significant opportunities for international investors and corporates, including unrivalled connectivity to the Mainland Chinese markets through our unique Connect programmes. This agreement signals the beginning of even greater collaboration between our companies and our home markets, and we look forward to exploring many future areas of cooperation.”

Executive Moves

CMC Markets Connect relocates APAC team led by Peter Foster to Singapore

“Singapore is a vibrant city and is now undoubtedly seen as Asia’s leading financial hub. The decision to bolster the CMC Markets Connect team here will help us cement the company’s position as a leading provider of multi asset liquidity and comprehensive trading solutions across the region.”

Retail FX

Italian watchdog red flags Olympus Brokers, UnicoFX and Allfina Group

Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.

Retail FX

XTB revenues hits zł1.45 billion in 2022, Q4 earnings disappoint

Poland-based Forex and CFDs broker, XTB has reported its final results for Q4 of 2022 and the full fiscal year ending on December 31, 2022, showing one of its most successful corporate years.

Executive Moves

Lirunex Limited recruits Waleed Salah as head of MENA sales

Maldives-based brokerage firm Lirunex Limited has secured the services of Waleed Salah, who joined the company in the role of its head of sales for the MENA region.

Executive Moves

Trading 212 parts ways with co-founder Borislav Nedialkov

Trading 212 has a void to fill at its FCA-regulated business in London, following the departure of two key players, Raj Somal and Borislav Nedialkov.

Digital Assets

Binance acquires troubled crypto exchange GOPAX

Binance, the world’s largest digital asset trading platform, has reportedly acquired a majority stake in the troubled South Korea-based cryptocurrency exchange GOPAX.

Digital Assets

Kraken exits Middle East, closes UAE office

Digital currency exchange Kraken will close down its operations in Abu Dhabi, UAE and lay off the majority of its team focused on the Middle East and North Africa.

<