TokenTact Review 2024 Crypto Trading Bots & Exchange Pros, Cons

Generally, bots are complex, requiring client programming and coding knowledge, so the lack of setup required for TokenTact bots is a unique advantage. TokenTact is an excellent option for crypto traders with an interest in cutting-edge AI like ChatGPT and automated trading. Therefore, TokenTact Leveraged Tokens are more suitable for short-term investment while long-term holdings will increase the risk of loss. In addition, there may be a situation where both Long and Short Leveraged Tokens lose at the same time in extreme fluctuation, please pay attention to investment risks.

When the BTC price rises all the way to USDT and then retreats to USDT (that is, the coins price retreats by 10% from the high point), the bot will immediately sell the BTC at the market price of USDT. TokenTact offers a live chatbot at the bottom of the screen that can be used to communicate with the customer support team. The team behind the chat was responsive and responded within 5 minutes. Although they were unable to provide a clear answer on the credit card fees applied by the external provider.

When the price goes down, don’t try to go all in at the bottom because you never know where the bottom is. There are countless examples in the crypto space where a coin drops 90% and another 90% after that. By repeating this process, you’ll sell high and buy low during the long sideways bear market. The crypto market trades 24/7 and we just can’t stare at the computer screen and catch every up and down. Additionally, you may be eligible if you own the equivalent of $300,000 or more in another supported cryptocurrency coin or token such as Bitcoin.

However, withdrawing cryptocurrencies from TokenTact will result in a fixed fee that may vary based on the coin or token being withdrawn. Both the maker and taker fees at TokenTact are presently fixed at 0.05% of the total trade value. Upon the completion of your trade, your fee is deducted from the total remaining balance that was credited into your account. The purpose of the TWAP bot is to provide a lower average transaction price while minimizing the impact of the transaction on the market, so as to achieve the purpose of reducing transaction costs.

In the above scalping zone, we missed a lot of opportunities outside of the scalping zone. From May to August, we spent 4 months without generating any profitable trades. Which is why we decide to extend the zone to cover most of the future movements which makes the profit to another level. Since leaving the crypto market is not an option, I’m going to share some tips here.

For convenience, unless otherwise stated, references to “TokenTact” and “we” in these Terms specifically mean TokenTact Operators. Some of you might think that what if I manually bought some Bitcoin to sell them later at a higher price? Then I’d have more profit than by using the Grid Trading Bot Tool. Yes, you can always make more profit if you’re able to buy at the bottom and sell at the top. But in practice, even the very best traders won’t figure out where the lowest and highest prices would be, so it’s unrealistic to think you can easily do that. So now you are probably thinking that this bot sounds like it would be great and you can’t see the downside to it.

• It puts your money into different cryptos that you choose and changes the allocation according to a fixed time interval or a threshold that you set.
• The yield on the commodity is known and fixed at the time of purchase; however, the settlement currency is unknown and subject to change.
• TokenTact uses a maker and taker fee structure for traders that provide liquidity to the exchange using limit orders or remove liquidity through market orders.
• You can easily set up and manage your bots on the web browser or mobile app.

This is an easy one for an experienced grid bot trader like you; A is the most profitable according to the 3 configurations! A will make more grid profit because of the amount per grid of A is larger than C. A rebalancing strategy is another way to smoother your portfolio while the price of each asset surges or drops at a different moment.

By using the trading services, you may trade one digital asset with another digital asset at a price that is chosen or confirmed by you at your sole discretion. Once you place a purchase/sale order, we will make reasonable efforts to fulfill your order. Where an order is not completed, you may cancel the order, and we will return the digital assets that you placed for such order to your Account upon cancellation. Many of the exchanges work with an Arbitrage Trading Bot that will automatically scan the markets for you.

Staking Services.TokenTact will from time to time offer Staking Services for specific types of Digital Assets to users that fulfill the eligible criteria determined by TokenTact according to different types of Digital Assets. TokenTact has the right to initiate or terminate Staking Services for any Digital Assets or modify rules on such programs in its sole discretion. Please visit our website for further details on how proof of stake works.5.1 Staking Service is Optional. Staking services may be made available to you for Supported Tokens where staking functionality is available on TokenTact. You may choose to opted-in to staking services in your sole discretion.5.2 The Service; Limitations. If you stake your assets with us, TokenTact, our affiliates or a third party, will facilitate the staking of those assets on your behalf by acting as a transaction validator on the applicable network for the Supported Tokens you stake.

There are no additional charges to implement the https://wolfstreetnft.com/tokentact-crypto-bot/s. 4.5 Transfer of digital assets to and from your Account may be subject to applicable laws and regulations. Therefore, we may require information of the beneficiary’s account, including beneficiary’s name, address, government identification, date and place of birth, digital asset account, prior to execution of a transfer from your Account. Such information may also be required when you transfer digital assets to your Account. We shall not be held accountable for transfer delay or failure and any loss or liability incurred from such delay or failure due to insufficient information of the beneficiary or your Account.