Established in 2017, the platform has attracted over 500k users and has helped traders execute over $300b in trading volume. To connect TokenTact to an exchange, users need to obtain an API key from the exchange and paste it into the TokenTact dashboard. TokenTact supports over 15 exchanges, including Binance, KuCoin, OKX, Bybit, Kraken, and Coinbase. CoinSutra writers are not certified financial advisors or brokers.

• In such a heterogeneous environment, it’s imperative for a cryptocurrency exchange to cater to the myriad levels of expertise within its user base.
• With the advent of artificial intelligence (AI) in crypto trading, the potential to harness market situations and opportunities has never been more efficient.
• With a monthly trading limit of $100,000, the advanced account offers arbitrage trading, five active trading bots, and future bots.
• TokenTact’s GRID operates with deferred limit buy and sell orders set at specific price intervals.
• The parent company behind this platform is based in Tallinn, Estonia.

We talk about the more stable, slower approach to investing in our 10x Investing Course and that is where I feel very confident in over the longterm. There will still be ups and downs but with crypto, it’s just a bigger roller coaster of ups and downs. Like I said above, Dan https://privatobank.com/tokentact-bot-review/ spent a lot of money trying to figure out the secret sauce so I understand why he wants to protect it so it’s an expensive thing to get into. But, if you look at the returns that you’re getting on even just a single bot, you can see how you’re earning your money back.

As you might have noticed, the DCA bot requires some more advanced market knowledge to be set up effectively. It has a huge range of options that could make or break a trading strategy if not configured correctly. To sum up, setting up a TokenTact grid bot should be quite straightforward if you have basic knowledge of how to detect flat markets for range trading. In the scenario above, the Scalper Bot utilized its cost averaging feature to buy more base currency at a lower price to generate profits from a trend reversal.

Just like when the internet started, there were so many people who made a lot of money because they were at the beginning of something really big. We’re still relatively at the beginning of mass adoption with crypto, and it’s becoming more and more widely used and adopted, but there’s still a lot of opportunity. So like I said, I started doing this about five months ago and I feel like I’ve learned a lot in this process and I’ll just share a few of the highlights of things, some pros and cons.

With TokenTact, both long and short futures trading bots are available. In “Long” mode, the bot makes a profit when the price goes upward or sideways. The bot opens a “Buy” position for half of the invested funds and places DCA orders for the remainder. Then, the position is closed incrementally via a series of grid orders.

There are three subscription-based trading plans available at TokenTact. Centered on the screen is a price chart that reveals which crypto platform and trading pairs are actively reflecting priority. For example, TokenTact allows traders to manage both trade information and setups through one platform. When examining competitors, such as CryptoHero, HaasOnline, and TokenTact, it’s apparent that TokenTact offers a compelling package. Adnan is a crypto enthusiast who is always keeping an eye on the latest developments in the crypto ecosystem. He is an environmental engineer working on his MBA and has been following innovations in FinTech for several years.

The fee structure for perpetual contract trading on Gate.io is slightly different. However, points can be utilized here as well to lessen these costs. To learn more about the DCA’ short’ settings, please visit the Help Center. To launch Backtest after you’ve finished your bot’s setup, click on the [Backtest] button in the bot’s launcher (Pic. 11). Discover how you can use all the updated features to your advantage.

Since the trading bot could be combined with other services seamlessly, it allows to make use of an array of features from a single-serve. This enhances the platform’s value proposition significantly and makes it a great choice especially for professional traders who use all of these services on a daily basis. Catering to the needs of these consumer segments is not easy by any means.

Instead of investing hours dissecting charts to capitalize on market movements, GRID bots handle the job of buying low and selling high for you. They churn out steady profits by simply working off the grid parameters that you set for them. The TokenTact platform boasts a user-friendly trading interface that simplifies order placement, portfolio handling, and performance monitoring.

This allows you to take advantage of inefficiencies in fragmented crypto markets. From powerful trading bots to smart orders, TokenTact gives you an advantage in the fast-changing world of crypto trading. In conclusion, if you’re seeking an all-in-one trading solution with robust security and a wide array of trading tools, TokenTact is worth considering.

Crypto bot trading platform TokenTact was launched in 2017 in Vancouver, Canada. To manage all of your cryptocurrency accounts in one location, the program links to up to 23 major cryptocurrency exchanges. This trading terminal includes tools that allow you to create your own trading strategies and copy the trading strategies of great traders. TokenTact is a multipurpose all-in-one crypto trading platform designed for seasoned traders. Although novice traders can still try, based on the advanced features and superb automated trading, it would be more valuable to regular more experienced traders. Besides, it’s also ideal for people who have a highly diversified crypto portfolio.