Market data is interpreted and analysed according to a predetermined set of rules to select the best opportunities and execute positions. Bots reduce the round-the-clock monitoring that could be required for extended periods. Not to mention that it is backed by large-scale investors to the tune of $10 million and maintains its funds on two of the most well-known exchanges in the cryptocurrency world.
- Rather than having to worry about every trade taking a bite out of your earnings, you can just sit back and let the bots do their thing.
- In addition to bot features and manual trading, you’ll also be able to access the following features on the app.
- We prefer to focus on a short-term PNL rather than long-term profits.
- The strategy involves holding a short position in the perpetual futures market while holding the same size position in the spot market.
- When the currency price fluctuates within the price range of the BTC/ETH Moon, the bot will continuously earn grid profit 24/7.
You can borrow up to 60% of your collateral value and choose from various loan terms and interest rates. Customers may check the firm’s security track record by going to their website and checking the counter on the main page. The platform has now been in operation for more than 980 days without experiencing a security breach of any kind. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Step 4, click the button at the bottom to create the Cross Margin Futures Grids. As long as you’re bullish for long-term, use this strategy to HODL your bags. That’s what most of the crypto investors told me when I decided to invest in crypto. I sold all of my Bitcoin last night during the bloody pull back.” One of my friends came to me and complaining about the market last night. Now let’s set up TokenTact to accept trading signals from the TradingView Platform. Click on Strategy Tester next to the Pine Editor Tab, and you will see the performance of your strategy.
The 16 distinct cloud-based various crypto bots available on the TokenTact Exchange, are all free to use and can be selected to meet your trading style. In particular, we will analyze its two-factor authentication, security license, safety features, and track record, amongst other things. TokenTact is not simply another cryptocurrency exchange as it provides the tools to create customisable automated strategies with free bots. API key trading has become invaluable, reducing the need to watch the markets 24/7, and TokenTact offers 12 free trading bots that are suitable for beginner and experienced traders. TokenTact is the world’s first exchange with free, integrated trading bots. It is an automated crypto trading environment launched in 2019 and has been one of the fastest-growing platforms in Asia, with over $30 million in trade volume per day.
This https://jdforexbroker.com/2024/01/tokentact/ review will examine TokenTact’s features, security, and how trading bots work. We will also compare it with other exchanges and bots you might have heard of. But what if there is a way to make your life easier and let the software do the hard work for you? That’s what TokenTact promises to offer- a cryptocurrency exchange with free trading bots.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. TokenTact only accepts deposits in cryptocurrencies, though 40 different digital currencies are supported, including Ethereum (ETH) and Bitcoin (BTC).
The TokenTact standard version is limited to the transfer of cryptocurrencies. TokenTact provides access to over 120 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Shiba Inu (SHIB), and Dogecoin (DOGE). Actual fees are .1% ea transaction not .05% stated by Benzinga & other influencers. TokenTact responded to me stating that they charge .1% to US customers. You can only apply for the Market Maker program in the first 10 days of any month.
Once accepted into the program, you must consistently maintain a total account balance of $300,000 or more. If you are disqualified from the program due to a low balance, you may not apply to be a Market Maker member for at least 30 days from your date of disqualification. This is the proportion of your position at risk as the price passes safety orders. Each bot has a templated, AI made setup and an option to manually configure your trading action. No, if you still have one grid running, your bot will continue to run, and all funds will remain in your bot. Yes, the Cross Margin Futures Grids only supports creation of a long grid and a short grid on the same futures now.
All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment. CaptainAltcoin.com does not offer any sort of financial or investment advice. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. TokenTact Smart Trade is a ‘swing catcher’ that operates 24 hours a day, seven days a week.
Arithmetic holds the same common difference between each grid, whereas Geometric maintains the same common ratio between each grid. TokenTact Lite is a product that supports US Dollar purchases of Bitcoin and Ethereum. The app is safe, legit and easy to use, even for inexperienced digital currency investors. Other promoted self-help options include social media channels and the Discord community. TokenTact does not have a minimum deposit requirement, balance level or a funding fee, although each trading pair does have a minimum investment order volume.