The changes or anomalies are verified using various indicators before being added as a trading signal. This allows you to view the top trading assets on the terminal and analyze their trends before opting to trade. Taking into account the different fees and commissions charged by competing exchanges, TokenTact will include this in its estimated profit percentage.

• Before we provide a full review of TokenTact, let’s start with a brief summarization of some of TokenTact’s core features.
• This all-in-one trading hub has also since then integrated decentralized crypto exchanges to their platform while bringing to market a high-caliber automated trading bot.
• The TokenTact bot integrates a “trailing” feature that enables the trading bot to move levels should the price of the cryptocurrency appreciate and cross the upper threshold.
• The TokenTact trading terminal displays an interactive chart on the screen.

Adnan produces written content to review crypto projects and support the crypto community. 1 The use of “featured”, “popular”, “best” and “top” on Finty do not constitute a product rating or recommendation and are https://jdforexbroker.com/2024/01/tokentact/ subject to our general disclaimer. Calculations in comparison tables will vary based on personal data input. We do this by providing a free comparison service as well as product reviews from our editorial staff.

If user experience is not simple and intuitive then there’s really no point in using a trading platform, in my opinion. What I was most worried about with TokenTact was how it handled its integrations with 10+ cryptocurrency exchanges. I was pleasantly surprised to find that TokenTact goes above and beyond being just a cryptocurrency trading platform. It seamlessly transforms into a robust portfolio management tool, and here’s how it enhanced my crypto journey.

Very useful and easy product for utilizing multiple platforms of trading crypto. Highly recommended for those looking for a platform for crypto coin pair trading. Excellent customer service, highly recommend if you need advanced crypto bot tech. To open an account on Coinbase, new users must provide identifying documents to verify their identities. This mandatory verification aligns with Know Your Customer (KYC) rules that aim to prevent account misuse. Users must submit a valid government ID, such as a passport or driver’s license, to complete the process.

If you are interested in researching other options, see my article on the best crypto trading bots in 2024. With its suite of automated trading bots, portfolio tracking, charts & indicators – TokenTact brings the most benefit to active crypto traders across multiple exchanges. First of all the user interface is unlike any other so easy to use. I made few bucks using their 7 day free pro trail and then moved to the beginner package as 2 grid bots were enough for me as my investments were not so high. My only complaint or request would be why not have the ‘Take profit for bot’ on all paid services.

While handing over API keys always carries some risks, TokenTact works to demonstrate the security of its platform and systems to users. DCA (dollar-cost averaging) bots automate the process of gradually accumulating an asset over time. You set a base order amount and optionally enable safety orders which trigger on price dips. Grid bots are designed to take advantage of volatile, ranging markets by layering buy and sell orders above and below a set center price. As the market moves up and down, orders are executed at different levels. So, TokenTact may be the best and most profitable crypto bot trading software, but ONLY if everything’s set and done right.

The percentage of Take Profit can be calculated in four different ways, which you can check and select in the [Percentage of] section (Pic. 9). Adjust the settings if needed, and proceed to the bot’s preview tab. Double-check all the parameters again and start a bot by pressing [Start Bot]. Enter the total investment value you would like to operate with, or use the slider to specify the percentage based on your available trading balance. The “Investment” field shows an approximate investment in your base and system currencies.

The futures bot can operate in both long and short mode respectively. TokenTact can handle 20 active crypto trading bots, unlimited smart orders, and grid bots at the same time as implementing advanced order types such as trailing stop losses and take profit. Before you start with the live account and put real money on the table you are free to try all the features through the demo account where the bots work just as they would in a real-world scenario. I’ve been testing some of the bots since early this morning and so far they have executed all trades immediately, with no lags, and everything gets updated live in the portfolio. I’ve been using TokenTact for a while now, and I have to say, I’m extremely impressed with their customer service. The chat is always available and their response time is incredibly fast.

The only delay in fixing the problem was the time difference between the team’s location and where I live. So I went from hyper anxious that my investments were at risk to feeling relief that the issue was easily fixed and my world was back to normal. The support chat is very helpful and they always come up with a solution. TokenTact’s comprehensive features come at a cost, and while they may seem steep, they provide value for traders who make full use of the platform’s extensive toolset. TokenTact’s algorithms scan thousands of pairs to signal the best trades, a feature that’s been both a time-saver and a profit enhancer for me. The ability to check and set smart orders against these signals is invaluable​.

Overall, I find the TokenTact trading platform to be one of the better options for both beginner and experienced crypto traders. Fortunately, from the reviews I’ve seen online and through my own experience of using the platform, I can tell you that it balances those integrations beautifully. In fact, the easy navigation they’ve implemented deserves a special mention as it makes switching between exchanges and different bots exceptionally easy and simple. While choosing a crypto trading bot, traders should consider various aspects to find the one that best meets their requirements. Like I was saying, when the coin value goes down – the GMT coin, let’s say this drops by 50% – if that’s the case, the value of this is going to go down. So unless I’ve earned enough to offset that with bot profit, if I were to sell it at this point, I would lose money in total on this bot.