TokenTact Review Grid Trading Bot

That’s where we come in and provide you with a step-by-step guide to managing it all. Cryptocurrency trading is now mainstream, meaning that there is a growing demand for technically-adept trading services. If you are looking for a combination of advanced trading tools, technical indicators and ease of use, TokenTact is worth considering.

  • The primary objective of our evaluation is to assess the trading features and capabilities of the TokenTact platform, focusing on its suitability for various investor needs.
  • Cryptocurrency prices are notoriously volatile, so scalpers must act fast and choose wisely.
  • After completing your trial, you will be asked to choose one of the paid plans in order to enjoy the extended functionality of the platform in real time.
  • From powerful trading bots to smart orders, TokenTact gives you an advantage in the fast-changing world of crypto trading.
  • The bot is fully customizable, allowing you to set conditions for triggering a buy order.
  • That said, if you genuinely want to try the platform, then the free trial should give you a better understanding of how its features work.

NotePlease note that if you are a new user of Coinbase Advanced, you will have to wait 48 hours before activating your API key. Once you have created your new Coinbase Advanced API key, a window will appear with Public and Secret keys. Please copy and save them in a secure location (for instance, password manager).

TokenTact

This mandatory verification aligns with Know Your Customer (KYC) rules that aim to prevent account misuse. Users must submit a valid government ID, such as a passport or driver’s license, to complete the process. Coinbase Advanced utilizes a maker-taker fee structure to define transaction costs.

Note that read and trading must be enabled or your bot will not work, as it does not have the appropriate permissions to trade for you. Beyond trading, Binance also provides a comprehensive learning platform and an NFT platform, though the latter is not yet available to U.S. customers. There are trend lines, angles, curves, all sorts of patterns like Elliot Waves or Head and Shoulders, a highlighter, and options for inserting text and emojis. To maintain a sustainable flow of profits and a competitive advantage over other investors, you must be ready to do your own research! Fortunately, there are plenty of tools that can help you on this arduous journey.

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 https://wolfstreetnft.com/tokentact-crypto-bot/ trading strategies and copy the trading strategies of great traders. You also get access to your cross-exchange portfolio, and can set up trading signals and extended order types. The demo trading option is also available together with two active automated trading bots.

Even though TokenTact has a wide range of settings, registering is a breeze – you can log in right away via Facebook or Google, or sign up via standard email address form. Once you are in, you need to connect exchanges where you have funds – integration is made via a standard process of API keys. The purpose of the Grid Bot is to help users generate profit from small price fluctuations in either direction. It is an excellent tool for markets in sideways momentum, enabling users to deploy a grid to follow the overarching trend automatically.

In addition, TokenTact is invested by Gaorong Capital, Shunwei Capital, and Zehn Fund for more than 10,000,000 USD, and thus they are backed by them with this amount. TokenTact offers half-yearly and monthly plans of three different kinds that are Basic, Advanced, and Pro. Attention If you manually cancel sell orders in the grid, the BEP calculations become inaccurate. TokenTact expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein. To add your API keys for Coinbase Advanced, search for the exchange in the pop-up window.

However, when the price rises, the bot will buy a smaller fraction of the base currency since it can only spend an allocated amount of the other currency. In the end, it is up to you to decide when to close the grid, get out of the trades, and pocket the gains. Otherwise, the market might turn against you and exit the sideways trend before you can take action.

To complete the process, please scroll to the bottom of the window and click the [Create] button. From your account settings (top-right corner), navigate to the Settings page. If you take the proper precautions, then yes, it is safe to share your Binance API keys. However, you should always make sure that the “withdrawal” option on the API key is unchecked.

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