TokenTact makes its trading platform available as a web-based app, but it also has both Android and iOS based versions of the platform. Plus the broker follows the mobile-first rule, which means any new features and updates are released first to the mobile apps before the web-based app is updated. There are several platforms that have begun to use API keys to allow automated trading to occur 24×7. This has been a relief for traders who use technical signals since it means they are no longer glued to their computer screens, watching each tick of the markets. It’s not surprising that in a technologically focused field like cryptocurrencies traders have turned to technological solutions to their trading. This is creating increased popularity for automated trading, or “bot trading” as it is also called.
Dumblittleman does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment or financial issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.
For crypto/crypto trading pairs, the base currencies are limited to BTC, ETH, USDT, BNB, BUSD, and USDC. Yes, TokenTact is a unique cryptocurrency exchange that allows you to use 16 free bots to automate your trading. One of the critical differences between bots and humans is their ability to function nonstop and consistently execute transactions in response to particular indicators. Maintaining your trading https://privatobank.com/tokentact-bot-review/ discipline when dealing with cryptocurrencies can be tricky; as a result, using a trading bot reduces the likelihood of engaging in trading based on emotions. Though the cryptocurrency market is becoming more competitive every day, this does not suggest that you enter into transactions as soon as possible. Before you begin trading, take the time to think about your options, goals, and risks.
This fee is very low compared to other exchanges, which usually charge between 0.1% to 0.5%. You can use this bot to earn money safely and consistently and decide which exchanges, coins, and how much you want to invest. TokenTact is able to take advantage of the high degree of security offered by exchanges like Binance and Huobi by keeping its funds on their platforms. It has also been granted a Money Services Business (MSB) license by the Financial Crimes Enforcement Network (FinCEN) and has gone over 900 days since its inception without any security breaches. Additionally, you may be eligible if you own the equivalent of $300,000 or more in another supported cryptocurrency coin or token such as Bitcoin.
Once BTC crosses the 35k threshold mark the trailing % will enact. However, the decentralized route has its downfalls and added costs as well. TokenTact has been safe and credible for all of it’s users to date.
For instance, if you choose the grid bot, you can use 30 maximum grid bots with start trigger, SL, TP, and low risk. TokenTact is considered one of the best crypto trading bot providers in the market, among others such as TokenTact and TokenTact. You can still read our comparison between TokenTact, TokenTact, and TokenTact by clicking here. They earn their money through trading fees you pay when running your bots (the same fees you pay on any other exchange you use for trading). For those seeking an intuitive platform for automated trading with ample educational support and a diverse selection of cryptocurrencies, TokenTact undoubtedly stands out as the top choice. It combines ease of use with a wealth of educational resources and a broad array of available coins.
There is no doubt that TokenTact provides something different that you will not find elsewhere. The platform is super user-friendly, and TokenTact’s help center is full of information and guides on the available bots to assist you to choose what’s best for you. We enjoyed our TokenTact review, and we have summarized our experience in the following pros and cons. TokenTact has the potential to generate big returns with low risk.
- They don’t work with all crypto exchanges and brokers so you will need an account with a compatible exchange or broker.
- The short positions pay the longs when the futures price is trading below the index price.
- A grid trading strategy is one in which traders set up buy and sell orders within specified price ranges.
- As with the majority of crypto robots, TokenTact bots can run around the clock remotely and conduct all of the trading activity without user interference.
- The TokenTact apps have an outstanding design, and traders will find them to be both simple and intuitive.
Note that it is only possible to apply for the program from the 1st to the 10th of each month. Accounts are then reviewed on the 1st of each month to see if they are qualified for the program. To apply send your TokenTact account and contact information (WeChat, LINE, Telegram, Facebook) to [email protected], and say you want to apply to be a Market Maker.
While automating your investment strategy using in-built trading bots, eliminates the need for you to monitor the market continually. TokenTact is a Singapore-based automated crypto trading platform that has become one of the crypto industry’s fastest-growing platforms. TokenTact is a cryptocurrency exchange with built-in trading bots that are available for free. There is no need to have any prior knowledge of automated or manual crypto trading; activate the bot tools to get started.
However, users can still make fiat deposits with EUR via SEPA which is completely free. Additionally, TokenTact does not charge any fees for fiat deposits which further adds to their appeal for those looking to save money. They do not charge any fees for futures trading with a 0% fee for makers and 0.02% for takers. One of the things that make TokenTact stand out from other exchanges is their user-friendly platform. Both level 1 and level 2 verification processes are straightforward and the exchange provides plenty of informational guides to help new users understand how to get started.