Most traders know the routine: catch a market take on X, jump into a Telegram group to talk it through, then open a separate app to actually place the trade. UXUY wants to bring all of that into one place.
On November 9, the Singapore-based trading platform announced a set of social trading updates arriving over the next two weeks. They include customizable user profiles, links to users’ social accounts, and stronger trading signals built into UXUY’s existing livestreaming feature.
The idea is simple. Users should be able to find a trade idea, talk it over with other traders, and act on it across different asset classes without switching between apps.
Bringing your community with you
The first change is an update to UXUY’s Spot Social features. Users will be able to personalize their profiles and connect their X and Telegram accounts.
This matters most for traders and content creators who already have an audience elsewhere. Instead of starting over, they can bring their existing followers onto the platform and tie their public presence to their actual trading activity.
Signals with the reasoning behind them
The bigger update is to livestreaming. Hosts will soon be able to share directional trading signals while they talk through the market live. Those signals will cover spot trading as well as perpetual contracts on cryptocurrencies, U.S. equities, gold, and silver.
A signal on its own tells you what someone is doing, but not why. UXUY’s approach is to put that reasoning in front of viewers. They can follow a host’s analysis as it happens, ask questions, and discuss potential trades as the market moves.
“A trading signal is more useful when people can understand the thinking behind it,” said Kevin Como, CEO at UXUY. “We want users to be able to hear a trader’s perspective, ask questions, and explore the relevant markets in one place. These updates bring that experience closer to our vision for UXUY: making onchain trading easier to access while keeping users in control of their assets.”
Built on a single account
These features sit on top of infrastructure UXUY already offers. Users access supported onchain markets through one unified account funded with stablecoins. The platform takes care of cross-chain routing and gas fees behind the scenes, so traders don’t have to juggle multiple networks, bridges, or interfaces.
Backed by YZi Labs, UXUY supports trading in crypto assets, tokenized equities, and perpetual contracts. It is also self-custodial, meaning users keep control of their own assets rather than handing them to the platform.
Pairing that setup with social discovery and live discussion is meant to close the gap between hearing about an idea and acting on it. Users can go from spotting an opportunity to exploring the market it points to without leaving the app.
The new social trading features are expected to roll out over the next two weeks, alongside ongoing improvements to the rest of the platform.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: Crypto Daily