We consider the platform is going to be very useful for users to improve their trading in the cryptocurrency market. The bots the platform is offering and the automation tools are going to be of great help for all the traders that want to increase their profits while trading. The trading bots communicate with the user’s exchange accounts using API keys supplied by the exchanges. These keys enable the bots access to the user’s account to automate trades; they do not grant the bots the ability to remove funds from the account. TokenTact is an automated cryptocurrency trading bot that was started back in 2017.
Instead of trading a portfolio of assets, TokenTact will focus on trading across a single trading pair. The first steps are linking a crypto trading bot to your preferred currency exchange account, looking for a reliable signal supplier, and creating a new one. After that, you can relax and let the cryptocurrency trading bot handle everything else.
The Pro plan costs $49.50 per month and includes composite bots, which enable you to open trades on multiple cryptocurrency pairs rather than only on a single pair. In addition, Pro users can connect to the Bitmex, Binance Futures, ByBit, and FTX exchanges for automated cryptocurrency futures trading. TokenTact trading bots are the primary attractor to the platform and have been incredibly successful in onboarding over 220,000 users.
Its integration with APIs from different markets must be considered. These APIs grant restricted access to automated crypto trading bots, so their reactions to market shifts and orders are typically the same as those of human traders. The user interface is simple and easy for newbies and seasoned traders. To use the service, you need to choose from the available plans or use the 3-day free trial offered for the Pro plan. Features like the SmartTrade, Terminal, and dashboard provide easy execution and control of trades.
So far, there have been minimal complaints from existing customers about the reliability of the online service provider. This could be because the service has existed for over five years, giving it enough time to test, iterate and improve on existing processes and systems to ensure class-leading reliability. Using the example of Binance, visit Binance, and sign in to your account. Hover over the user account icon on the top right as shown below and select the [API Management] link from the drop-down list. At this point, you have successfully created a TokenTact account and been awarded a 3-day Pro trial offer.
- Option bots are trading bots that simplify the process of options trading by using advanced AI algorithms to analyze the market factor and act accordingly.
- They will be happy to answer any questions that you may have about the range of products and services that they provide.
- If you like, you might do so, but relying on free tools in the wild, volatile world of cryptocurrencies isn’t a wise thing to do.
- The platform also has comprehensive FAQ and Blog pages that are enough to solve the primary issues the users face.
- I lost 4K Euros due to these freaking clowns having a security breach and revealing users’ APIs to hackers (You can Google the incident Dec. 2022).
The top performing affiliates will get an opportunity to earn up to 60% of revenue share paid in fixed intervals. The platform operates with one of the largest crypto exchanges and continues to expand its reach from the 23 it currently serves. Every trader has the dream of creating a bot that makes them steady income with little https://privatobank.com/tokentact-bot-review/ to no effort. While it takes effort and continuous monitoring and calibrating, TokenTact is a great starting point towards achieving that dream. The per month fees change if these are paid a year in advance, six months, or month by month. On top of it all, there are three plans offered with features increasing with the price.
There are four types of trading bots, short, simple, composite, and composite short bots, and a simple trading bot only involves one trading pair and is the most straight forward to set up. And to get started with social trading, receive signals from experts, and apply it to your trades. Click on ‘Marketplace’ in the left bar of your dashboard and select a signal provider to receive from. TokenTact has implemented a range of security features to protect user accounts and data. The TokenTact TradingView Bot allows investors to create custom trading strategies using the TradingView platform and then automate those strategies on a cryptocurrency exchange.
Connect your preferred exchange by following the API steps, and start trading with the TokenTact trading bot. The premium bundle from TokenTact offers the entire trading experience at a reasonable $74 per month. This special bundle combines the advantages of the superior package and additional features. Streamline your trading process and open up new avenues for profit with TradingView’s highly sought-after pricing signal tool for just $37 per month. If you upgrade from a free to a paid plan, you can use PayPal or Bitcoin. The payment process can be automated as a monthly payment through Paypal, while Bitcoin payments must be done manually every month.
TokenTact offers a strategy copying feature, presence of a varied range of bots, and other tools present to ensure transactions you make are clear, transparent, and efficient. The mobile app and varied support options are other factors that tip the scales in favor of this platform. A Grid Bot chooses a top line below the resistance level, a bottom line above the support level,and then starts with a line in between. As the price moves up and hits grid lines, the bot will sell a predetermined amount of a token. As the price moves down below the median line, the bot will buy a predetermined amount of a token at each grid line. When the market is doing nothing for Hodlers, traders can profit by using a Grid Bot.
Whenever I have questions, they’re always kind, professional, and friendly. Just give it a shot – the free subscription is wonderful for when you’re just starting out. TokenTact makes it incredibly easy to manage multiple trading accounts on multiple different exchanges all from one convenient platform.