US Cryptocurrency exchange OKX has launched a new social trading platform called Orbit, designed to address what it says is a growing “trust problem” in social trading platforms, a bit like Invesdaq.
The feature, which is being rolled out inside the OKX mobile app, combines social media-style discussion with verified trading performance, allowing users to see a trader’s historical results before deciding whether to follow their ideas.
Social trading has become increasingly popular in recent years as retail investors turn to online communities for market ideas. However, the model has also drawn criticism because traders with the largest audiences often receive the most visibility, regardless of their actual performance.
Orbit aims to change that by prioritising measurable results over popularity. Traders on the platform can choose to share verified metrics including return on investment, win rate and full trade history directly within their profile.
According to OKX, this transparency is intended to reduce the reliance on screenshots or unverifiable claims that have become common across trading communities.
The platform also integrates trading directly into discussions. If a user mentions assets such as Bitcoin or Ethereum in a post, other users can trade those assets instantly from within the app, without leaving the conversation.
Orbit also includes livestreams, group chats and gated communities where experienced traders can build audiences around their strategies. Over time, OKX says creators may be able to benefit from incentive programmes tied to their performance and engagement.
The feature began rolling out to selected users on 6 March as part of a phased beta launch while the company continues to refine governance and community standards.
OKX says the goal is to create a trading community built around verifiable performance rather than social influence.
However, the firm notes that trading cryptocurrencies remains highly risky and that past performance does not guarantee future results.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
