We're excited to announce a major update to TradeFollow: full multi-exchange support for Binance, Bybit, and OKX. This has been one of our most requested features, and we're thrilled to finally deliver it.
What's New
Connect Multiple Exchanges
You can now connect accounts from all three major exchanges simultaneously:
- Binance - Spot and Futures
- Bybit - Spot and Perpetuals
- OKX - Spot and Perpetuals
Execute Across Platforms
A single strategy can now execute trades on multiple exchanges:
- Spread risk across platforms
- Take advantage of price differences
- Maintain trading ability if one exchange has issues
Unified Dashboard
Manage all your connected exchanges from a single dashboard:
- View balances across all exchanges
- Monitor open positions everywhere
- Track performance holistically
Why Multi-Exchange Matters
1. Risk Diversification
Don't put all your eggs in one basket:
Exchange hacks, downtime, and regulatory issues are real risks. Spreading across exchanges protects your capital.
2. Better Execution
Different exchanges have different liquidity:
- Some pairs are more liquid on Binance
- Others might have tighter spreads on Bybit
- OKX might offer better perpetual funding rates
3. Arbitrage Opportunities
Price differences between exchanges create opportunities:
- Buy on exchange A, sell on exchange B
- Capture funding rate differences
- Geographic arbitrage
How to Get Started
Step 1: Connect Your Exchanges
Navigate to Brokers in your dashboard and click "Connect New Exchange":
- Select your exchange
- Enter your API credentials
- Configure permissions
- Test the connection
Step 2: Create Multi-Exchange Strategies
When creating a new strategy, you'll now see options to:
- Execute on a single exchange
- Execute on multiple exchanges simultaneously
- Split orders across exchanges
Step 3: Configure Allocation
For multi-exchange execution, set your allocation:
Binance: 50%
Bybit: 30%
OKX: 20%
Security Considerations
We take security seriously:
- API Key Encryption: All keys are encrypted at rest
- IP Whitelisting: Restrict API access to TradeFollow servers
- No Withdrawal Access: Never enable withdrawal permissions
- Isolated Permissions: Each exchange connection is isolated
Coming Soon
This is just the beginning. We're working on:
- More exchanges: Gate.io, KuCoin, and others
- Cross-exchange arbitrage tools: Automated spread capture
- Unified order book view: See liquidity across all exchanges
FAQ
Q: Do I need accounts on all three exchanges? A: No, connect whichever exchanges you use. Even one is fine.
Q: Are there additional fees for multi-exchange? A: No, multi-exchange support is included in all plans.
Q: Can I use different API keys for different strategies? A: Yes, you can connect multiple accounts per exchange.
Conclusion
Multi-exchange support opens up new possibilities for automated trading. Whether you want better risk management, improved execution, or the ability to capture arbitrage opportunities, TradeFollow now has you covered.
Update your dashboard today and connect your exchanges!
Questions? Reach out to our support team or join our Telegram community.