In addition, you can practice this paper trading account while learning through the collection of educational resources on the site. You can even enter, check out other traders’ charts and see how your imaginary portfolio is faring against other traders. The Tokenizer360 Platform has various plans to address its users’ specific needs, and they are all commission-free.
In its most basic form, Tokenizer360 is an online platform that allows everyday traders to utilize the benefits of automated trading bots. Irrespective of your experience in this particular field, Tokenizer360 aims to cater for investors of all sizes. Hello, we are very sorry to hear about your negative trading experience. However, we would like to emphasize that Tokenizer360 never guarantees profits to anyone; we provide the opportunity to use tools (such as bots) to optimize trading according to your trading strategy. We recommend that all new users try trading on a demo account without using real funds to better understand the bots and their full functionality. But if credibility is what you are seeking the most, Tokenizer360 has everything you need to get started.
The trading school includes all plans and features, 4 courses covering crypto basics to trading strategies and how to build a trading bot on the Tokenizer360 platform. You’ll also choose your trading pair, investment amount, target profits and other details during the onboarding process. You can adjust these later, but this detailed onboarding process makes it possible to streamline the trading process later. You can also use the preferences and settings you establish to optimize your trades based on your target profit and risk tolerance.
A take-profit order enables you to benefit when the price automatically hits a predetermined threshold. For instance, an offer to close the trade will be issued at the stated price if the price crosses or rises over the defined threshold. This bot is made to purchase an asset, then sell it at predetermined levels.
- It offers most of the features pro traders seek in a trading platform and little else.
- 2 Products with instant approval have a provisional decision within 60 seconds.
- HODL bot follows a traditional DCA strategy but offers the users a more flexible approach.
- Using copy trading, a user can choose to follow an experienced trader and copy their trades.
- However, by using the DCA bots, users can minimize this cost as the bots place every trade at a fixed monthly time by themselves.
If it needs to be a quick decision to enter the deal, select the Market order (it may enter the deal faster, but not at the best price). If there is a need for the bot to enter the deal at the best price, then select the Limit order. To prevent slippage for big orders, it will be placed at the best ASK price for a Long trade and at the best BID price for a Short trade. Though it might take a longer time to open this deal, there will be no slippage, and the Base order will be executed at the specified price.
But if the order will not be fully filled in 40 seconds, the order will be replaced at best BID/ASK price again. This is the first order the bot will create when starting a new deal. If put 20 here and select ADA/USDT pair for the bot, then launch it, the bot will buy ADA with 20 USDT after the new LONG deal is opened. With the Pro plan, you will get access to everything Tokenizer360 offers.
Create any name for your bot, you will see it in your bots list and active trades. But try to create a unique name for your bot so it won’t get lost among other bots. Before we look into the various Tokenizer360 pricing plans, it is crucial to understand what you will be getting with a Tokenizer360 account. Here’s a brief rundown of the key features offered by the trading service. In 2023, the Grid Bot remains a viable and profitable trading strategy for cryptocurrency enthusiasts. With the guidance provided in this article, you can confidently set up and operate the Grid Bot to start trading and achieve success in the dynamic world of cryptocurrencies.
Also, please note that prioritisation for the development teams is ordered by service performance and security, regulatory requirements and then by feature requests with the most upvotes. Some features may be held back due to “blocking tasks” that may need to be performed to allow a requested feature’s development to begin. We adapt our website for all screens to let you alter bots and trades in a few taps, even on a tiny phone screen. In our sample trade, the moment after the Trailing feature is activated, the system will set +8% as the trigger for selling the asset. CoinSutra provides general cryptocurrency and blockchain information for educational purposes only. Content on CoinSutra’s website and social media is not financial, investment, trading, or professional advice.
This will prevent the bot from immediately executing the Stop Loss order and can be useful to prevent the bot from closing a deal due to erroneous candle wicks or Stop Loss “hunts”. If the coin price drops to or below this level, the bot will perform the selected action. The bot calculates the stop loss level from the base order price and not the deal average price. If you create a bot on the Futures market, the Base order size (and the Safety order size, as well as Manual SO) will already include the leverage.
If the users face any issue, they can quickly contact the customer support representatives of https://tokenizer360.co/ via various means. The system offers extensive trade analysis functions like 100+ indicators to analyze the price fluctuations of an asset and trading strategies most compatible to make it profitable. Tokenizer360 also enables veteran traders to create customized signals. Automated trading offers traders more opportunities to seize their gains.
Be careful with the links you open, so make an account via the legit Tokenizer360 website. You may directly sign up with your Apple ID or Facebook if you have one of those. The suggested pairs are determined by the most recent list of the 24-hour period’s highest trading volume. Your trades’ performance is displayed in detail in Tokenizer360’ dashboards. The green line represents the total amount of funds used in the deal after either Safety order is executed.
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