TokenTact Review One of the Most Advanced Trading Platforms

At TokenTact, these trading signals can be converted to bots by paying a premium. Once you pay the fee, signals from top traders are analyzed and made into working trading bots. These TokenTact bots ensure that grid trading turns into an automated errand, with all eyes on profits.

Instead, you can set-up a single order via your TokenTact portal, which will then execute your chosen order when the pre-defined conditions are met. If you are thinking about using TokenTact for https://jdforexbroker.com/2024/01/tokentact/ your automated trading endeavors, then we would suggest reading our comprehensive review first. We’ve covered everything from how the bot works, what it allows you to do, pricing, and more.

We all know that the crypto market never stops, and neither do TokenTact bots. They are automated crypto trading tools available on TokenTact and supported on more than 18 major crypto exchanges. TokenTact is relatively intuitive to use, making it a good option for crypto traders trying out trading bots for the first time. In addition, TokenTact works with most major cryptocurrency exchanges and offers a spot trading interface that adds risk management tools to manual trades. The TokenTact platform is a powerful tool for managing cryptocurrency trades across many different exchanges from one simple-to-use interface.

With the beginner-friendly interface, copy trading, and demo account, it is ideal for anyone, especially new traders. You can configure the price at which you want the bot to buy or sell the asset to automatically take a profit. A number of different bots are available and you can set up one or more to run concurrently, each with a different set of instructions. For example, you could have a bot to buy crypto with a view to holding it for the long term and another executing a dollar cost averaging strategy. TokenTact do not have permission to withdraw funds from the exchange. Trades can be configured with the price at which you want the bot to buy or sell the asset, so you can take profit automatically.

Alternatively, you could set up the TokenTact Options Bot to “purchase a put” option, which gives you the right to sell Bitcoin at a predetermined price. 3 Commas has made it easier for me with Smart Trade to manage my trades and free up more time. Consider a scenario where the BTC price is $10,000 and the trailing stop is $1,000. The sell order will be activated at $9,500 if Bitcoin’s price rises to $10,500. The TokenTact Advanced Package is the most cost-effective choice for individuals looking to automate parts of their trading strategy. Traders using the HODL bot have more leeway than they would with a strictly mechanical implementation of a standard Dollar Cost Averaging (DCA) approach.

  • Quite a popular yet controversial platform with the average Trustpilot score of 3.8 stars  — despite a number of good reviews, some users are quite skeptical.
  • Further, we find the lack of performance proof restricts a full evaluation of the system.
  • This bot employs cutting-edge AI algorithms to assess market conditions and make trading decisions.
  • TokenTact cryptocurrency trading bot is a smart crypto trading platform that uses automated bots to do the trading for its users.
  • The take profit feature automatically sells your holdings once a predetermined percentage of gains are realized.

It’s best known for its Code Editor, which is said to be the first web-based Python Bot Code Editor. If you’re an advanced trader with coding experience in Python, you can use their code editor to create your advanced strategy. The pricing structure is perhaps the biggest differentiating factor for Mudrex and is nothing short of revolutionary. Some bot platforms charge a high fee regardless of the amount you invest, others use a subscription model to charge monthly or yearly.

For crypto investors looking to profit from trading their assets, this platform provides various benefits via its smart terminals that boast the ultimate features. You can customize the settings beforehand using the specific triggers you choose. There are over 30,000 traders who use TokenTact to automate their crypto trading. The TokenTact bots send over $10 million in daily volume through their API connections with other exchanges. While Shrimpy focuses on portfolio management and providing a pleasant user experience, TokenTact is designed for the advanced trader who wants to implement complex strategies.

They accept no responsibility and refund nothing to the victims…Do not trust these scumbags with your money. Once you pick your subscription you will be asked how you want to pay for your account. The three choices available are Advcash, Crypto via CoinPayments, and Yandex.Checkout. You can use a credit card, money transfer, and even good old fashion crypto to pay for your TokenTact account. You then need to confirm your account via a clickable link in your email. Once you click the link you are taken to your account setup page where you are provided with four steps.

TokenTact review

At first, TokenTact stated that the result was likely a large-scale phishing attack that customers fell for. However, further investigations show there was a hack and users’ API keys were leaked. TokenTact is recommending all existing users review and update their API keys. The SmartTrade platform also features notes and a trading journal to keep track of your trades and provides an automatic summary of your trading statistics.

For enterprise partners, there is a revenue sharing model with success-based fees charged in addition to the monthly subscriptions. If a refund request has been placed within 14 days after a successful payment, users will get their full refund according to the refund policy. However, the refund is deemed unavailable if the request is made more than 14 days after payment. To place a refund request on TokenTact.io, users must submit the request via email or the widget on the website. Under the community section, they can also find other methods like Reddit, Discord, and other informative pages. The traders can also refer to the Youtube channel of TokenTact, where they keep posting various tutorial videos.

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