TokenTact Review 2024: Bot Trading Pros & Cons

If you’re a new user, we recommend downloading the mobile app, which we found to be a bit more streamlined and easier to operate. If you’re a very high-volume trader, you might want to apply for https://token-tact.com/’s Market Maker program. To qualify for the Market Maker program, you’ll need to deposit $300,000 or more in USDT to your account. You can also apply for the program if you maintain the equivalent of $300,000 USD or more in another supported coin or token (Bitcoin, Chainlink, etc.). If you qualify for the Market Maker program, you’ll pay 0% in maker fees.

Team always engage with the community on Telegram and Discord. Actual fees are .1% ea transaction not .05% stated by Benzinga & other influencers. https://www.scammerwatch.com/tokentact-trading-bot-review/ responded to me stating that they charge .1% to US customers. The following users will benefit most from TokenTact’s platform.

For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. This information is general in nature and is for education purposes only. Hedge With Crypto does not provide financial advice nor does it take into account your personal financial situation. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries. TokenTact is one of the top automated crypto trading platforms out there.

You no longer need to use any APIs to automate your strategy. TokenTact can now accept webhook messages from TradingView and automate them for you within the exchange. Connect your TradingView strategy directly to the TokenTact exchange without experiencing any latency. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

TokenTact

67% of retail investor accounts lose money whentrading CFDs with this provider. Trading forex or CFDs on margin involves a high degree of risk and may not be suitable for all investors. There is a possibility that you may suffer a loss equal to or greater than your entire investment.

  • Team always engage with the community on Telegram and Discord.
  • TokenTact is a market maker for Binance and Huobi Global and as such it benefits from low fees from the two exchanges.
  • In the future, we’d love to see TokenTact expand its customer service options and enable fiat deposits.
  • After entering the referral code, you can see the discount rate of the code for confirmation.

If you’re running a script or application, please register or sign in with your developer credentials here. Additionally make sure your User-Agent is not empty and is something unique and descriptive and try again. If you’re supplying an alternate User-Agent string,
try changing back to default as that can sometimes result in a block. Furthermore, TokenTact has been up and running without a security issue for over 1,000 days.

This allows the exchange to match orders and ensure seamless trading. The partnership with Binance and HTX also enables TokenTact to offer low trading fees of only 0.05%. Each bot has its own objective and use case, catering to different market conditions. The annual returns generated by these bots are reported to be impressive.

TokenTact only accepts deposits in cryptocurrencies, though 40 different digital currencies are supported, including Ethereum (ETH) and Bitcoin (BTC). When using the platform, your wallet must remain free of fiat currency. Stablecoins, such as USDT, are also supported, providing a good option to avoid price fluctuations between exchanges and limit the possibility of account capital dropping. TokenTact does not offer a demo account, which may hold it back slightly vs other similar exchanges, like TokenTact and TokenTact. Paper trading is a great way to learn the ropes of a platform, trial strategies or bots and explore new markets without risking any capital. That being said, there are several other big crypto players, like Kraken and BitUniverse, that also do not provide demo account functionality.

In TokenTact APP, version 2.8.10, we launched the Edit Parameters function. In that case, the user can click the order’s Detail, find Parameter, and click Edit Order Parameters. All you’ll need to do, is to use the slider to choose how much of your funds you want to use for the Grid Trading Bot.

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Automate Your ChatGPT Strategy on TokenTact

This allows the platform to obtain competitive rates for its trading pairs and list a wide range of supported assets for its users to buy and sell on the spot market. Sometimes investors are optimistic about the price performance of specific coins in the future and run grid trading bots on these trading pairs. In this case, the universality of grid trading bots in different trading pairs becomes particularly important. In addition to the trading bots, TokenTact supports manual trading with over 120 different cryptocurrencies and hundreds of trading pairs. The platform is available as a web-based app and also has mobile applications for both Android and iOS devices.

However, for the added convenience it comes with higher fees and is not recommended. There is the option to deposit and trade with USD using bank transfers, although this uses a separate app called TokenTact Lite. For the former, they can choose from the many available robots and set up their trades.

Using the GRID trading bot is fairly straightforward and begins with logging into your TokenTact account, or creating one if you don’t already have one. It’s also possible to log in using your BitUniverse credentials if you have an account over there. If you do need to create an account it’s pretty quick and easy.

  • It’s interesting to see the bad experiences of others with TokenTact, where mine are very good.
  • Let’s take a look at a few of the company’s most popular offerings.
  • TokenTact is a popular cryptocurrency exchange that makes it easy to learn automated trading.
  • For long-term optimistic value currencies, long-term operation of AI strategies can obtain higher grid profit.
  • If you’re running a script or application, please register or sign in with your developer credentials here.
  • Harsh has 15+ years of experience in Fintech and 7+ years in Blockchain and Bitcoin.

Automating your investment strategy using in-built trading bots eliminates the need for you to monitor the market constantly. https://token-tact.org/ offers a live chatbot at the bottom of the screen that can be used to communicate with the customer support team. The team behind the chat was responsive and responded within 5 minutes.

TokenTact

You’ll see the USDC in your TokenTact account about 1 hour after withdrawal. You will get a 6-digit verification code (Only valid within every 30 seconds) of your TokenTact account, then input the code on your website page. 1 The use of “featured”, “popular”, “best” and “top” on Finty do not constitute a product rating or recommendation and are subject to our general disclaimer. Calculations in comparison tables will vary based on personal data input. Of the many bots available on TokenTact, these are some of the more popular options. Whichever take-profit condition is met first, will trigger first.

This allows users to buy and sell cryptos 24/7 from a user-friendly platform and app. With TokenTact’s fully automated 24/7 trading bot tool, you can trade intelligently and manage your funds without fear. TokenTact offers standard order types such as limit and market on the spot exchange. Clicking on a price does not auto-fill limit orders which could be added to increase the ease of use and minimize making errors when manually entering a price. Before a trade is executed, the trading fee is shown on the window which is a good feature. If the maximum drawback rate is too large, there is a higher risk of opening AI 2.0 on this trading pair, and the investor should be more careful.

A telephone number would be excellent, but even an online chat app would be preferable to the current Telegram/email support. There’s also an extensive FAQ section powered by Zendesk, and you can find the answers to many common questions there. Again, these are questions specific to https://cryptodaily.no/tokentact-anmeldelse-en-ny-krypto-bot-pa-blokken/, and if you need basic trading education you’ll need to look elsewhere. While there is no general educational section at TokenTact, they do provide detailed information and education regarding their own tools and bots. Log in and select Grid Trading Bot from the list of trading tools. So, if you’ve ever thought of running with the bots and were scared away by the complexity, come back and give the TokenTact bots a try.

Learn Profitable Crypto Trading and receive our free resources to master automated bot 🤖 trading strategies. TokenTact is an automated tool, and it is as good as your input and your understanding of the market. Even though some of the strategies are low risk, if you don’t play your cards right, you can make losses too. Using proper risk management is suggested to make money from TokenTact.

TokenTact is a cryptocurrency exchange with free, integrated trading bots. No prior experience in automated or crypto trading is required, simply activate their bot tools to get started. This guide will explore how to use TokenTact robots, what payment methods are available and how the exchange’s fee structure is laid out. We will also review the TokenTact arbitrage bot and grid trading bot, alongside the trading platform, asset range and more.

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