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It is a haven for traders who are looking to automate their spot trading, derivatives trading, HODL-based trading, and other strategies. And it takes the concept of algorithmic trading to a whole new level. Even top exchanges like Binance have dedicated bots to help automate trades, place quick buy and sell orders, and do much more. But what if a trading platform offered a smorgasbord of these bots, one suitable for every occasion? TokenTact is a Tallinn, Estonia-based online crypto trading platform that was launched in 2017 by Yuriy Sorokin, Egor Razumovsky, and Mikhail Goryunov.
Consequently, the price doesn’t need to reach the initial take profit level, and making profits in a price range becomes much more feasible. Thus, even if the price never returns to the initial purchase levels, you still have a good chance of closing the trade with a profit at hand. Although they were facing some serious competition, the TokenTact automatic trading systems quickly became one of the community’s favorites. The team’s expertise in the niche allowed them to push out one of the best cryptocurrency trading bot experiences available.
It offers a wide array of options, catering to traders of all levels, from beginners to seasoned professionals. Features like Copy Trading are tailored for newcomers, while advanced tools and technical indicators like MM, BB, RSI, and more empower experienced traders. The platform integrates https://harmonynews.one/tokentact-trading-bot-review/ with 23 major crypto exchanges, including Binance. As a cryptocurrency-focused online trading platform, TokenTact aid customers through automated trading bots. In our opinion, this broker is a scam that wants nothing more than to steal money from users, and sadly, there is a lot of them.
- It offers a wide array of options, catering to traders of all levels, from beginners to seasoned professionals.
- Mizar offers a safe and professional one-click trading experience with unlimited features, users only pay if they trade or profit.
- You can choose the trading pair for the bot to trade from the drop-down menu, and you can then instruct the bot how much of your preferred currency will be used during your initial trade.
- Note that not all exchanges support trading bots, although all of the exchanges do support Smart Trade.
Location addresses of the offices are present on the official site. Users speculate on the future price of cryptocurrencies to create derivatives contracts that can represent the true value of an asset. When the contract execution date is reached, the buyer must buy and the seller must sell.
TokenTact’ trading bots execute the manager’s strategy, while Finestel copies it to clients proportionally based on their account balances. On the positive side, many users found the automated trading features and bots to be extremely helpful for learning and reducing stress when actively trading digital assets. In particular, the ability to easily copy successful trading strategies from other users opened doors for novice investors to participate more confidently. Additionally, TokenTact’ customer support appears attentive, with representatives reported to swiftly resolve technical difficulties satisfactorily. The Advanced bot is a more customizable dollar-cost averaging bot. You can choose from a variety of trading strategies, including QFL and scalping, or connect a TradingView account to import your own custom trading signals.
Developers who use the TokenTact trading API can perform trades on the platform, which involves monitoring trading activities, managing trade positions, and placing new buy/sell orders. Users can create or use existing crypto pairs watch lists complete with customized alerts and trade bot signal implementation. The portfolio management aspect is the obvious benefit of this platform as it provides a bird’s eye view of all your digital trading accounts across multiple exchanges. Automated trading bots offer the best value for independent traders. They can be customized, linked to several exchanges, and potentially work 24/7 year-round. In this article, we will review TokenTact, one of the well-regarded crypto trading bot services.
TokenTact is a safe, legit, and easy-to-use trading bot that offers consistent, high-quality trading recommendations. It features 12 distinct trading bots for automatic trading without charging extra. The TokenTact platform is among the most popular cryptocurrency trading bots. But there are other choices for you to consider, and we’ve selected to share three with you. The TokenTact Platform has various plans to address its users’ specific needs, and they are all commission-free.
At the time of writing this TokenTact review, we must say they are supporting over 20 crypto trading platforms. This includes the most popular exchanges and some platforms that are less known but definitely useful for users. The Miami-based TokenTact cryptocurrency platform entered the crypto market in 2014. Within four years, the platform managed to become a major player in the crypto space. The developers behind the TokenTact crypto management system made strategic partnerships with many well-known exchanges including Binance, Coinbase, Bitfinex, and Huobi. These partnerships make it possible for TokenTact trading bots to operate on some of the largest exchanges in the world via API protocol.
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