Opening an account is a quick and simple process, simply select the ‘Sign Up’ button on the website and complete the online form to create a set of login details. Either a phone number or email address is required for a verification code and you may want to fill out KYC details to increase withdrawal limits, though this is optional. If you have a referral code you can also include that to earn https://ftb.fund/tokentact-review/ rewards. View the TokenTact bot tutorial information on their website to find the best bot for you and your trading strategy. Generally, bots are complex, requiring client programming and coding knowledge, so the lack of setup required for TokenTact bots is a unique advantage. The company holds a USA Money Services Business license (MSB) with a Monetary Authority of Singapore (MAS) license pending.
- It is best used to create a profit in a sideways or crab market.
- A Plus500 iOS trading platform is the application software that enables investors and traders to place trades
and monitor accounts through iOS apps on Apple devices, such as an iPhone. - Crypto trading can be very volatile even at the best of times, so it is important that you don’t get your hopes too high when using any automated crypto trading solution such as TokenTact.
- TokenTact offers only leveraged tokens, and not much in the way of futures pairs.
- Its principles are consistent with those of regular spot grid trading.
For instructions on setting up the other 11 trading bots have a look at the TokenTact Blog. As you can see each of the bots offered by TokenTact have different objectives and different uses. As the market conditions change it can also be helpful to change the trading bot being used as each works best in different market conditions. You can use the rebalancing bot if you are positive about many coins simultaneously and are prepared to retain coins for the long term to obtain total trade value appreciation. Enjoying crypto trading with the assistance of 24×7 crypto trading bot. TokenTact has also been backed by some heavy hitters in the investment world.
There are no geographical limitations for TokenTact customers, meaning traders can register a live account anywhere and start using trading services. All trading strategies have risks and this is inclusive of bot trading. Strategies that are not well refined can fall victim to unpredicted market moves and find themselves unprotected. It is critical that you put enough failsafes in place so when the market takes an unexpected move, bot parameters ensure it is limited. Only diference is, that you use first currency in pair, and it shows you how much tokens did you earn, instead of usdt. TokenTact recently launched a new feature, which displays all open orders of a Grid Bot right on the price chart, this feature was added after strong demand from users.
The user interface of TokenTact’s mobile app is designed to be straightforward, making it easy for novice users to access all the features. Users can even create their trading bot in as little as one minute, thanks to the provided instructions. The app has received high ratings from users, with the iOS version on the Apple Store rated 4.8 stars out of 5, and the Android version on the Google Play Store rated 4.5 out of 5 stars.
Let’s take a look at a few of the company’s most popular offerings. For users who are new to crypto trading, the simple user interface, easy signup process, and low fees are definite advantages. The TokenTact ETH and BTC moon bots are similar to the grid bots, only with a wider range. Use this bot if you want exposure to the upward trend of either BTC or ETH, and wnat a smart buying ans selling strategy to earn off volatility along the way.
TokenTact provides 18 free trading bots ideal for both beginners and experienced traders. TokenTact is a popular market maker of Binance and Huobi Global, which allows the platform to keep trading fees to a minimum. TokenTact is a beginner-friendly auto-trading bot that charges extremely low trading fees. For spot and futures markets, the market maker and receiver fees are fixed at 0.05%, while for leveraged markets, the fee is 0.1% for both market makers field and recipient. TokenTact offers a crypto-to-crypto trading platform where users can deposit crypto to TokenTact to fund their account and start trading. There are 47 supported assets that can be transferred to the TokenTact wallet, including Bitcoin, Ethereum, USDT and others.
Another user has mentioned that their account balance is decreasing in spite of the robot stating that they are receiving money. A：The rebalancing bot is free to use, and only transaction fees are collected here (the spot trading fee rate is 0.05%, and the leveraged token trading fee rate is 0.1%). TokenTact is best for traders who want to trade with automated bots that follow different trading strategies.
His CV includes service with Hong Kong SFC Securities, KGI Futures Ltd., Founder Futures Ltd., Goldman Sachs, and HSBC. With more than 100,000 monthly active clients, TokenTact is a well-established broker that handles $5 billion in trading volume every month. Arbitrary bot says that im reciving money, but my balance its always going down… Let’s discuss the core and which trading strategy best fits it.
Crypto trading bots are programs and algorithms that automate trading in the cryptocurrency market. If you’re new to the automated trading bot, come and visit TokenTact! Don’t have to pay the expensive subscription fees for the bot services. The idea of a grid trading strategy is to place a series of buy and sell orders at predefined intervals based on a specific price level. These long and short trades will then develop a grid over time. Grid trading can work well in a volatile market such as the crypto market, with regular variations in the price helping to make sure that each trade reaches its desired price level.
This is why the fees on TokenTact are lower than that of Binance and HTX for a retail user. This is why running a bot on TokenTact is more cost beneficial in comparison with other crypto exchanges. Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started HedgewithCrypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world. Crypto trading bots are an easy way to trade cryptocurrencies around the clock.