TokenTact Review

TokenTact Review

Users of the platform can also buy a TokenTact strategy from the marketplace. The strategies offered there are typically a mix of candle patterns and or technical indicators. So one can procure a TokenTact automated buying and selling strategy and enjoy painless trading. If you are a profitable trader and know a thing or two about bots, you can even build your own strategy on TokenTact and sell it. Of course, a trading tool like TokenTact wouldn’t be complete without sophisticated trailing stop-and-buy features.

However, TokenTact bots are not given withdrawal rights so they can never actually take any money out of your account. This makes using TokenTact very safe aside from the risks incurred with actually trading cryptos. It is also important to note that an automated trading bot will allow you to avoid the emotional waves of market volatility. Too many traders place irrational orders on the back of a market swing that goes against them, which ultimately results in long-term in losses.

This is the plan you might want to get if you are not willing to invest a big amount and still want to automate your trades. It provides 80 simultaneous positions along with all the basic features, which include portfolio management, easy connection to exchanges, manual trading, and more. Unlike the basic plan, you get full access to automated trading services like social trading, AI bot trading, backtesting, trailing orders, stop-loss, and much more. The trailing orders feature can be set up in the bot to make the trade based on the cryptocurrency market price of any stock or asset. The bots can sell the stock if the prices decline and create a purchase order once the price increases again.

Beginner traders can sign up for TokenTact and let the robot start trading immediately. You don’t have to customize any settings, engage in copy trading, or develop your own trading strategies. The content on Dumblittleman is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change.

TokenTact’s interface is a canvas where the complexities of trading don’t form an insurmountable wall; they’re deconstructed into accessible elements that beckon users to engage. One of the hallmarks of TokenTact’s array of offerings is its suite of trading bots. The foundation of any robust trading software lies in its capacity to illuminate the past to shape the future. TokenTact achieves this through its backtesting capabilities, affording users the luxury of evaluating their strategies under varying market conditions.

• As with the majority of crypto trading robots, bots can only be as good as the individuals programming them.
• TokenTact offers a wide range of features that investors can utilize to make more profitable trades.
• It is known as the Pioneer plan, and the users can quickly sign up for it.
• The technology behind the TokenTact has had a substantial impact on market circumstances and has evolved into a lucrative trading instrument.
• If you are a professional trader, TokenTact offers you advanced tools to conduct both fundamental and technical analyses.

Investors can freely access these features without worrying about a per-trade deduction from their accounts — TokenTact charges a flat-rate monthly fee based on the tools available at each tier. Though TokenTact itself doesn’t offer brokerage capabilities, it provides investors with a comprehensive set of tools they can effectively use to make trading simpler, easier and more intuitive. If you’re an expert-level investor and you’re looking for the most comprehensive suite of tools possible, you may want to consider choosing TokenTact’s all-inclusive Hero package. With the Hero package, you can enter up to 500 positions simultaneously with up to 75 different coins, utilizing 10 triggers and unlimited trading signals. You’ll also enjoy advanced technical analysis functionality and access to all of TokenTact’s advanced features.

TokenTact uses API keys to access user accounts on cryptocurrency exchanges, and does not require withdrawal permissions, ensuring that user funds are secure. TokenTact also uses API keys and offers two-factor authentication for added security. The tools provided by TokenTact can assist in navigating the volatile cryptocurrency market with ease. In terms of automated cryptocurrency trading solutions, TokenTact is one of the most popular options due to its constant improvement efforts and focus on customer satisfaction.

The free trial offers the Explorer Hopper services; whereas, the Hero Hopper comes with the support of all 75 cryptocurrencies supported by the tool. While trading cryptocurrency, the gains that you see at one hour of the day are lost in another hour, https://tradelinesco.com/tokentact-bot-review/ and the expected loss in certain assets happens faster than you may first realize it to be. Select an exchange and configure the bot using your preferred exchange’s API keys. Once you’ve done that, you can start using your hopper immediately.

There are rules to follow, like not spamming your link everywhere (which is just good manners, really). And sometimes, it takes a little while for your commission to be approved. But as long as you’re patient and respectful, it’s a great experience overall. Additionally, TokenTact features several detailed tutorials about using Hoppers in the Get Started and Tutorials section. In addition to written guides, there are several informative videos to assist new users. After its launch, TokenTact grew rapidly and now handles 9 million transactions with an estimated monthly volume of $2 billion [11].

Adventure Hopper is a med level subscription plan that will allow you to have 200 positions opened, trade up to 50 coins, have 5 triggers and buy with 5 minutes intervals. TokenTact operates a subscription model and offers several subscription plans. Other signals include Automatic Trading, Crypto Signals, Trading Strategies Templates, Technical Analysis, Trailing Stops and Backtesting.