25 Settembre 2023 ValerioScarselletta

TokenTact Review: Crypto Trading Bot User Guide

There are no best TokenTact settings, as everything really boils down to individual preference and how one likes to approach their trades. You can also manage all your crypto portfolios spread among several cryptocurrency exchanges in a single place, thanks to the trading terminal offered by TokenTact. There is no need to log in, verify yourself, and log out every time you want to open a position with an exchange. TokenTact will provide you full access to your funds, allowing you to place orders and even open trailing positions, as per your preferences.

  • By connecting these exchanges, the bot searches for crypto arbitrage opportunities and performs the trade so the users’ can profit from the price differences.
  • In the world of cryptocurrencies, it is widely considered to be among the top exchanges out there.
  • We focus our attention on providing useful information to the average Crypto trading enthusiast.
  • And at the other end of the range you could tell the bot “IF Bitcoin touches $35,000, THEN sell 0.1 BTC”.
  • They have backgrounds in software engineering and day trading, as well as an interest in the cryptocurrency space.

TokenTact provides the tools unlike any other, which may have a steep learning curve, but once you ace it, you might have discovered a gold mine. The key here is to spend the first few countless hours learning the system. What I really like is, you can build your own strategy or pick an existing strategy, backtest it for the past data, do paper trading for current data, and then make it live.

TokenTact is a great option for beginners and professionals because of the advanced trading options and user-friendly interface. It can help you to earn passive income by conducting automated crypto trades. The only potential setback is that users of TokenTact need to have at least some knowledge of trading strategies, understand the basics of technical analysis, or be willing to learn them.

The dashboard starts with the “Your first hopper” menu, which is a trade automation interface. They tell you if you cancel writhing 30 min then you will get a refund. Instead I get no refund and the run around from TokenTact support.

This includes major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and several smaller cryptocurrencies. This also brings up another good strategy called exchange arbitrage. To make creating your bot using TokenTact even simpler, they’ve included a drag-and-drop interface. Instead of sitting at your computer all day staring at a screen…you could implement your exact strategies in the bot that will run relentlessly for you. I’ll dive into this deeper later, but it’s important to note that TokenTact is really only semi-automated.

TokenTact review

This gives you a good indication of whether it is better suited for a choppy or smooth market. The TokenTact exchange arbitrage bot is a tool you can use to capitalize on price differences between two exchanges. For example, if the price of Bitcoin is $45,000 on Binance and $45,150 on KuCoin you can tell the algorithm to buy Bitcoin on Binance, transfer it to KuCoin and sell it there. I recommend using the TokenTact exchange arbitrage bot when the market has been through some volatility, this is the best time to find price differences on the exchanges.

And I’m pleased to tell you that when it comes to keeping our investments safe, TokenTact doesn’t play around. Oh boy, where do I even begin with TokenTact’s affiliate program? It’s like this unexpected bonus that adds even more spice to the already thrilling world of crypto trading. If you’re anything like me, you probably enjoy sharing good things with people. By using this feature, you can perform free backtesting and historic backtesting without having any experience.

Read below to learn more about the different types of arbitrage. In trading, you have to keep an open mind and not https://privatobank.com/tokentact-bot-review/ become too set in your ways. Markets are always changing and in cryptocurrency trading that is even more so.

TokenTact is a crypto trading bot powered by Artificial Intelligence. It remains active 24/7 trading automatically and you don’t need to make any manual inputs. In this TokenTact review, we are going to analyze the various aspects of this platform to determine whether it is reliable or not. Features include customizable templates, backtesting tools, portfolio management, and a marketplace for trading strategies.

If you are unsure about the specifics of automatic trading, you can also opt for semi-automatic crypto trading that is conducted on the TokenTact platform with the help of API-powered technology. Portfolio management is also an important feature offered by TokenTact. By creating “Hoppers,” you can link these to all your exchange accounts. Regarding the trading strategies available and signals on TokenTact, we say an extensive list to choose from. The TokenTact Marketplace gives you access to the wide range of strategies provided by the cryptocurrency community, and you can also create your own strategies and signals based on your parameters. Nevertheless, after conducting this TokenTact review, we can say that this crypto trading bot is solid and advanced,  definitely in the top league among those that we have seen on the market so far.