There is no need to open the exchange account, and traders can change or cancel their positions from the chart. Thus, you can diversify your portfolio and increase your chances of making profits. Instead, they connect with exchanges via an API and issue trades to be executed on the exchange (where your assets are stored).
- However, it’s wrong to assume you can only make money when the market goes up.
- It’s the only bitcoin bot available that allows you to combine strategies.
- To add your API keys for Coinbase Advanced, search for the exchange in the pop-up window.
Smart-Order is a combination of simultaneous Stop-Loss and Take-Profit orders. If one of your predefined conditions are met, TokenTact will complete your order as planned. Merging these orders together drastically reduces your risks while also securing your profit gains while you are not personally online and trading. TokenTact is the best auto bot software I have experienced in the last ten years of looking. Your funds are safe as they stay on your exchange and you have full control over them totally secure. Once you get your head round that and learn how to set up your bots you can sleep peacefully at night knowing all is safe and you are earning money.
You will also have a suite of powerful trading tools that are not readily available elsewhere. Users can execute trades across all their linked exchanges from a single page, leveraging industry-leading tools like smart trade, stop-limit, and scaled orders. We primarily critique this platform based on the effectiveness and diversity of its trading features. Because comparing similar platforms solely based on features can be difficult, we also evaluate TokenTact based on customer service and user experience. Overall, TokenTact offers a solid user experience and a wealth of decent trading features.
The combined service is still free to sign up, just like its predecessors. Plus, the company offers a subscription service called Coinbase One, which gives you no-fee trades and other fantastic benefits for a monthly fee of just around $30. TradeSanta has simplified the world of crypto trading bots and offers fantastic trading tools to its members. Additionally, the total number of active trading bots on the platform is currently 6,400, more than any of its competitors.
However, it also does not allow access from the API when withdrawals are enabled. Scalping essentially means profiting from minor price fluctuations, which in total, can amount to significant gains. No wonder these tools are so popular—after all, bots can do what we do much faster, more frequently, and, let’s face it, far better.
Some argue that this is where crypto arbitrage comes in, as it allows traders to profit from price volatility across different exchanges relatively quickly. With the ability to connect to as many as 17 exchanges (and counting), you’ll be ruling your trading kingdom across all your connected platforms, empowered by 275 top-tier bots. TokenTact is a centralized exchange offering different trading bots and is based in Singapore. Beginners can very comfortably sign-up and create an account on TokenTact since the bots are free to use the experience on the platform becomes comforting. Moreover, signing up on the platform won’t take much time, as you can make an account by simply providing your mail.
You can manage all your assets on one platform with its single interface. The platform supports more than twenty plus exchanges, including the most popular ones like Binance, KuCoin, Coinbase, Huobi, and many more. The Bybit Trading Bots by TokenTact are automated smart trading tools that buy and sell cryptocurrency on your behalf on the Bybit exchange through TokenTact’s interface. There are a few types of automated trading bots available on TokenTact, such as GRID and DCA.
However, not everyone has the stomach or reflexes to become a scalper. This will open a window where you can add your Gemini API key and Secret key. To learn more about the DCA bot, head to our Help Center or read this article. To close a bot, select the one you need, and navigate the mouse cursor https://daocoin.money/review-of-the-tokentact-bot/ to the [Stop Bot] button. Tip Please be advised that Trailing Up/Down, Take Profit, Stop Loss, and Pump Protection can be modified on any active bot. Enter the total investment value you would like to operate with or use the slider to specify the percentage based on your available balance.
It is always good to have competition as it leads to better innovation. TokenTact is no different since the crypto space is full of innovators and innovative tools. TokenTact does not have a free plan, however you can try TokenTact free for 7 days, where you get to try out their top most tier plan. By using the isolated margin mode, you can open positions with a particular margin that has no relation to any other open positions.
With fees as low as 0.0750%, which shrink even further with high trades or substantial holdings of the CRO currency, it’s a deal you can’t ignore. The Scalper Trading Bot from TokenTact follows the scalping trading strategy and is designed explicitly for the KuCoin exchange. Both the Flat and Buy the Dip come with preset configurations that aim to capitalize on a particular market scenario. At the same time, the Custom bot can be tweaked to your specific preferences.
If a new buy order is executed, the amount of the base currency in the open orders increases, and the base currency gets purchased at a better price. As a result, the total purchase price of the base currency gets averaged, and the BEP moves lower, allowing you to exit the trade or start gaining profits earlier than before. Use it to maximize profits on every price changes in a sideways market. TokenTact offers different modifications of trading bots, letting you combine various settings and strategies to achieve better results. Used and admired by 50M+ traders around the world, TradingView is by far the best charting platform to do investment research and spot opportunities across global markets. By subscribing to TokenTact, you’ll get access to the best TradingView instruments, plus TokenTact’s smart trading and advanced automation tools.
