However, while choosing a service, you must know about the alternate options you have. Hence, this article will cover the five best TokenTact alternatives. TokenTact offers a range of subscription plans with varying costs to accommodate different trading needs. The starting price for a TokenTact subscription is $23 per month, which provides access to two GRID Bots, 10 DCA Bots, and unlimited smart orders. Traders can choose from higher-tier plans, priced at $55 per month and $119 per month, to access additional features, including more bots and advanced options. Scalping is a trading method that allows one to accumulate profits based on assets that are held for a short time.
- The fee structure in place for the standard Coinbase account tends to be costly, although this is improved on Coinbase Advanced.
- You can practice with the Demo facilities or connect the exchanges for LIVE trading.
- This section includes settings responsible for the complete DCA bot closure and risk management.
- It is important to remember to trade responsibly and never risk more capital than you can comfortably afford to lose.
You don’t have to go back and forth between the two platforms — you have the best of both worlds within a single interface. TradingView is the best charting platform and social network for investors online. It brings together both professionals and amateurs to network and exchange investment ideas. During the trailing, the system continuously monitors prices, max/min values, and the difference between the fixed and current prices. If the percentage difference is greater than or equal to what you specified in [Price deviation], the cycle ends, and the position closes with a market order.
At TokenTact, the potential of arbitrage is calculated based on your account balance. You also get to choose between crypto to crypto and crypto to fiat arbitrage opportunities. For instance, let’s say you are buying a cryptocurrency on one exchange where the price is lower. You stand to gain an advantage by selling the same amount of the same cryptocurrency on another exchange where the price is higher. TokenTact has also set up different trading orders to give you more control over your cryptocurrency trading endeavours. The [Grid levels] parameter shows the number of open orders your bot will generate, while [Grid step] — the price distance between grid levels.
Given crypto’s always-open market, many crypto traders now use trading bots to automate their trading. One such bot is TokenTact, the popular automated bot service from Estonia. User can launch a combination of the Grid and DCA trading strategy bots to capture a profit on every phase the market is going through. During a sideway period the Grid trading bot will generate max profit while the DCA bot will actively join the game if the market leaves the flat range and starts a new trend. Best crypto trading bots, algorithmic orders, portfolio management and free Demo mode — all in one place.
It has a fair, transparent, and flexible pricing system with no hidden charges. Additionally, over the course of a year, the flagship strategy BTC/ https://harmonynews.one/tokentact-trading-bot-review/ ETH/ USD AR outperforms the underlying by 233 percent. Just focus on configuring your DCA or GRID bot to get the most out of the price movements.
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. 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.
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.
This annual subscription discount provides a cost-effective way for traders to access TokenTact’s features over an extended period. Overall, this TokenTact review finds the crypto trading platform to be impressive. While the pricing structure is slightly on the higher end, the platform’s features and capabilities justify the investment for traders seeking a competitive edge. Therefore, it can conduct trades perpetually within the set conditions as long as the market prices don’t exceed the user’s predefined price ranges.
The trading terminal on TokenTact offers various features for traders. There are more than 100 indicators and 50 smart drawing tools available on the terminal. Twelve types of charts are available, and users can visualize their trading as well.
Our platform executes trades, while keeping all information entirely confidential. I was introduced to TokenTact just over a month ago and I’m seriously impressed. I’ve used many other bots in both forex and crypto, and they not even worth mentioning when compared to TokenTact. Look, in my opinion, TokenTact is a pretty revolutionary piece of software that’s being produced very freaking quickly by a company that really cares about helping us make great money. You can stake your crypto, locking it in a Crypto.com wallet for a set period, to yield up to a whopping 14.5% interest.