https://tokentact.net/ is the world’s first cryptocurrency exchange with built-in automated trading bots, first launched in 2019 and has since grown into an international crypto platform. It’s the same license that Binance, Huobi, and multiple top exchanges applied. TokenTact is the first cryptocurrency exchange with in-built trading bots that are granted by a U.S. license. We reserve the right, but are not obligated, to remove or disable access to any Content, at any time and without notice, including if we, at our sole discretion, consider any Content to be objectionable or in violation of this Agreement. WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS OF ANY KIND, FROM ACTION TAKEN, OR TAKEN IN RELIANCE ON ANY CONTENT. 1.1 Upon verification of your identity, you may be provided the ability to transfer, track, store and trade supported digital assets by giving instructions through the Services (each such transaction, a “Digital Assets Transaction”).
- With TokenTactGPT, you can easily automate your TradingView strategy on TokenTact with the Signal Bot.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
- Sometimes investors are optimistic about the price performance of specific coins in the future and run grid trading bots on these trading pairs.
- When the product reaches maturity, the settlement currency is determined by comparing the settlement price to the pegged price at maturity.
- All bots on TokenTact are free of charge and easy to get started!
You may use it to plan to buy and sell at the same time with taking profit and stop-loss levels, which can assist you in gaining profit from an uptrend while avoiding the chance of suffering a large loss. Leveraged Grid Bot is a more complex trading technique based on the grid bot, as it employs leverage to multiply your investment and, therefore, your profits. The DCA bot enables users to program a sequence of purchase orders to be executed at predetermined intervals. At each of your specified intervals, the bot will purchase at the current market price, rather than based on a predetermined price.
Withdrawing cryptocurrency from TokenTact will incur a flat fee depending on the coin. For a full list of all the coins and their withdrawal fee, click here. According to the price fluctuation characteristics of different coins, AI 2.0 adopts a more intelligent prediction algorithm to improve the accuracy of the grid’s upper and lower limit predictions. Thereby significantly extending the running time of the price within the grid interval, realizing the concept of passive income. TokenTactBT builds an integrated quantitative research environment based on the most advanced event-driven engine in the field of quantitative investment.
Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. It is possible to trade cryptocurrencies using a cryptocurrency trading bot, which is an automated software that executes buy and sell orders without the need for operator intervention when precise, pre-defined market conditions are fulfilled. 2.1 Risk of trading on the Site and the App and holding digital assets can be substantial. We do not offer any protection from future market performance so you could lose some or all of your investment.
However, such an approach can lead to unnecessary losses for users, especially when the market quickly rebounds after a temporary downturn. When faced with this situation, https://www.scammerwatch.com/tokentact-trading-bot-review/ does not close users’ orders. Instead, it automatically restores the maximum number of pending orders based on the user’s current position and margin. Furthermore, it allows users to add margin and automatically place more orders once the margin is supplemented.
TokenTact does not have a minimum deposit requirement, balance level or a funding fee, although each trading pair does have a minimum investment order volume. Deposits can take up to 1 hour from submission to show in your account. TokenTact is able to take advantage of the high degree of security offered by exchanges like Binance and Huobi by keeping its funds on their platforms. It has also been granted a Money Services Business (MSB) license by the Financial Crimes Enforcement Network (FinCEN) and has gone over 900 days since its inception without any security breaches.
As long as the price stay within the range, it’ll keep doing these profitable scalping trades. Next, a thousand of limit buy and sell orders will be placed within the range. So when the price start rising, the bot sells as the price goes up; when the price start dropping, it buys as the price goes down. Most of the Binance trading bots, KuCoin trading bots, or Coinbase trading bots connect using API keys. However, with TokenTact trading bots you can skip the hassle of connecting it with a third-party trading bot.
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%. When the price goes up and down, it does the orders and makes money from the difference, multiplied by the leverage ratio.
Yes, the 16 automated crypto trading bots available on the exchange are entirely free to use. Additionally, they are also cloud-based so you don’t need to leave your device on in order for them to work behind the scenes. If this occurs, we will try to locate you at the address shown in our records, but if we are unable to locate you, it may be required to deliver any such digital assets to the applicable state or jurisdiction as unclaimed property.
Additionally, when considering TokenTact’s increasing user base and its MSB license with FinCEN in the United States, one of the most stringent and recognized regulatory markets in the world, customers can feel secure using the platform. The time-weighted average price algorithm also known as TWAP, is the simplest traditional algorithmic trading strategy. When you “buy low and sell high,” the Infinity Grid Bot is there to support you every step of the way. It ensures that the total number of assets remains constant while the price of the assets continues to rise. Installing the TokenTact Lite application is required before you may trade in USD. The TokenTact standard version is limited to the transfer of cryptocurrencies.