TokenTact Review 2024 Automated Trading Bot & Crypto Exchange Ratings

Liquidity engines are aggregated from both Binance and Huobi Global, ensuring that the bots can match orders and run 24/7. TokenTact is backed by BitUniverse and has been invested in by the prominent Chinese venture capital firms ZhenFund and Gaorong Capital. TokenTact does not charge a fee if you withdraw your crypto into an internal address in TokenTact.

Either you can use the flying wheel strategy bot on our App, or you can manually buy crypto using Sideways Gain and sell them using Covered Gain on our website. Once the price is falling, that’s an opportunity for you to start another Bot. Try to create more bots when the price drops instead of close your bot.

TokenTact

TokenTact charges a flat fee of 0.05% for both makers and takers on every spot market trade. This fee is very low compared to other exchanges, which usually charge between 0.1% to 0.5%. You can also trade your cryptos with fiat currencies or stablecoins like USDT, BUSD, USDC, etc. Most of the trading pairs on TokenTact are also available on Binance and Huobi Global, as it gets liquidity from these exchanges. You can use the arbitrage bot to take advantage of the price differences between the two crypto exchanges.

  • The “Close Bot at” price field allows you to select a value that is higher than the bot’s cancellation price.
  • Within 2 weeks, we earned 25.3 USDT (5% more than 150% APY) with a 500 USDT investment.
  • There is also a solid number of experienced traders whose bot strategies can be copied.
  • TokenTact’s YouTube channel features a few tutorials that you can use to learn more about how to activate and use some of the platform’s most popular trading bots.

You should make sure the deposit networks do not lose assets; the broker gives clear online training on how to move assets via different gateways. Please note that the higher APY you set, the closer the buy price is to the current price. As the graphs show below, the closer buy price, $16,500, has a higher APY, but it also means higher risk.

The app has a clean but intuitive design with positive user rankings pushing it up the app store’s leaderboard. Additionally, TokenTact offers competitive trading fees and an innovative mobile app, making it a suitable solution for investors who trade in large volumes on the go. While automating your investment strategy using in-built trading bots, eliminates the need for you to monitor the market continually. TokenTact is a rapidly developing and unique cryptocurrency exchange offering a broad range of easy but smart trading bots which are highly customisable and offer a plethora of strategies. Althoughit is quite a new platform, there is a great degree of security and an amazing level of financial support from major investors, suggesting it to be a great platform with a long future. The fees on TokenTact are among the most competitively priced on the market, allowing users to save money on trade while utilizing the crypto trading bots.

Today, the exchange has over 100,000 users, serviced by a team of 100+ experts plus the founder and CEO. In addition to crypto trading bots with automated trading, manual trading between some of the most prominent cryptocurrencies is also supported by https://wolfstreetnft.com/tokentact-crypto-bot/. The Smart Trade terminal enables traders to put up stop-loss, take-profit, and trailing stop-loss orders all in the same trade transaction.

It can be said that it loses less than the spot grid when facing losses and earns more than the spot grid when making profits. For those seeking an intuitive platform for automated trading with ample educational support and a diverse selection of cryptocurrencies, TokenTact undoubtedly stands out as the top choice. It combines ease of use with a wealth of educational resources and a broad array of available coins.

Clients can use a TokenTact Grid trading bot to generate returns in the fluctuated sideways market with the BTC/USDT or XRP/USDT pairs, for example. After the bot has been created, it will slice a predetermined range into 10 grids. TokenTact offers manual trading via the use of crypto-to-crypto conversions, but its major offering is a variety of trading bots. In total, traders have access to 16 free trading bots that are accessible for no additional fee and enable them to make use of the tools to automate their trading. If you’re a very high-volume trader, you might want to apply for TokenTact’s Market Maker program.

TokenTact Lite is a product that allows you to buy Bitcoin and Ethereum in US dollars. The APP is designed in a simple and convenient manner, reducing the difficulty of usage for consumers and allowing them to use it even if they are unfamiliar with Bitcoin or investing. TokenTact Lite offers a one-stop-shop for everything from USD to Bitcoin to trading robots.There’s no need to become an expert in blockchain technology.

The main idea is to first buy low using either Buy-the-Dip or Sideways Gain (invest stablecoin), then sell high using Covered Gain. The advantage of BTC/ETH Moon is to diversify risk and hold a spot position in the long-term. You can enjoy stable arbitrage profits and trend profits with rising crypto prices, which is very suitable for beginners. Grid trading is a strategy that profit from fluctuations; what it does is buy low and sell high in a specific price range. When the price rise, I sell some part of my Bitcoin and buy some more Bitcoin when the price drops.

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