TokenTact Review 2024: Crypto Bots, Trading, Pricing & How It Compares

TokenTact and TokenTact each provide a range of crypto trading bots to automate strategies. TokenTact’s bots include Grid, DCA, and Combo bots tailored for various market conditions. As the crypto trading bot space grows increasingly competitive, platforms must offer robust features to capture users. In this review, we examine two top contenders — TokenTact and TokenTact — to help determine which platform provides the best overall experience. Having your cryptocurrency portfolio in one central place that you can easily monitor can make trading easier to manage and track the trends in your assets. Trading bots like TokenTact are made to automatically make trades based on the preset rules you have established.

Furthermore, the platform also uses technical indicators to verify whether a rapid move could be considered a trading signal. The TokenTact trading bot is a unique feature that lets you make the most of the highly volatile cryptocurrency marketplace. The bot ensures that your investments are distributed proportionately within your chosen range, so you can make small but frequent profits on every market move. Once the price hits the desired range, orders are executed, and new ones are placed. There is much to like about TokenTact, including its easy-to-navigate interface, support for dozens of exchanges, and a wide variety of trading bots.

The clean interface, coupled with fiat purchase functionality, is a key reason why Coinbase is a top choice for those new to the crypto world. They refer to the two assets being exchanged, usually one crypto for another. The base currency is the one being bought or sold, while the quote currency is what it’s traded against to determine the price. A stop loss is a conditional directive to close  an existing order upon reaching a specific price level. As the cryptocurrency’s price grazes the predetermined level, the order seamlessly morphs into a market order, executing at the next available price.

The rates also depend on the liquidity of the asset at the time of purchase. If it’s readily available, you’re slapped with a “taker” fee, but if your order is left waiting for a buyer, you get hit with a “maker” fee. They even offer an “auction” option for selling blocks of cryptocurrency at a maximum buy price or minimum sell price. As the name suggests, a moving average calculates the average price of an asset over a specific period.

Scalper has opened a high-frequency trading solution for our users and starting from today we have integrated it into our Sbot with all those awesome benefits. Remotely is so easy to https://token-tact.com/ navigate and I like that it provides lots of options for filtering based on benefits and more. Great Customer ServiceI had an issue trying to set up an exchange through the API.

The Three Rising Valleys pattern forms as correction lows stair-step higher along an uptrending support line. Each valley bottom carves out a higher low (points 1, 3, 5 on the chart in Pic. 8). Though not set in stone, traders often require at least 2-3 touchpoints on each line before considering the channel sustainable.

Some believe that current data better represents the asset’s direction, while others argue that unequal weighting skews the trend. The moving average helps pinpoint when to buy or sell by filtering out price noise and revealing the underlying trend. By spotting these trends early, you can buy ahead of market surges and sell before major dips.

• Due to expiring API keys, whitelisting will allow you to keep TokenTact connected to your exchange account without expiration.
• However, if a coin isn’t trending in any direction, it doesn’t provide an opportunity to profit from either buying or short selling.
• Close management and modification based on performance and market conditions are key.
• Dive into strategies for automated bots, including optimal market timing, GRID configurations, and risk management.
• Yes, TokenTact has received positive feedback regarding its customer support.

The “Advanced Trade” features have been introduced to the main service to spice up what was a simpler interface that might have appealed to beginners. But worry not, those features are still around, and you can now use the basic service to switch to a mode that offers lower fees for some transactions and additional data tools. The BEP is a good indicator that helps you navigate your break-even point with the funds invested in the bot (specifically the base currency). TokenTact’s crypto market cap calculator is consistently updated, easy and fun to use!

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. Trading bots are AI-powered software programs designed to automate the process of trading. Trading bots can optimize trading on foreign exchanges (Forex, FX), commodities, stocks, and cryptocurrency platforms. Simply put, these mechanisms are able to publish and cancel trading orders on behalf of users. Margin trading amplifies your investment power by letting you borrow funds to buy more assets.

It also frequently forms within uptrends as bulls consolidate before pushing higher again. On the [My Exchanges] page, click on [+Add new exchange], and select Coinbase Advanced Trade from the list. Now, get back to TokenTact and navigate [My Exchanges] to connect your CAT account. There’s nothing to worry about in terms of safety, as TokenTact takes special pride in the security measures it takes to protect you. You can read an overview of the security steps we’ve taken in this article. Not to worry — TokenTact made sure you could continue using Coinbase by integrating the new platform, Coinbase Advanced Trade (hereafter referred to as CAT).

Payment methods accepted include Visa, Mastercard, PayPal and cryptos. You can cancel at any time but there are no refunds for any unused time. There are 3 main elements to https://ftb.fund/tokentact-review/ which are trading robots, trading terminal and portfolio. We will take a look at each of these features and explore them in detail. If we talk about Scaled sell orders, they are great for selling all the way up. This way, you can sell your base currency at a higher price each time the price moves up.