To date, TokenTact has never been hacked since it was established in 2019. To compare TokenTact’s fees, the table below provides a comparison against some of the top spot exchanges in the world such as Binance, KuCoin, Huobi and Coinbase. Overall, the fees on TokenTact offer great value-for-money for trading crypto-to-crypto and using automated bots. As for the trading terminal, the charts and order windows are located in the middle with the order book on the left. The charting system is integrated with Tradingview which offers a range of tools, crypto indicators and chart patterns for manual trading.
Overall, TokenTact offers a simple and user-friendly solution for automated trading. With its free trading bots, low fees, and reliable liquidity, it is a compelling option for traders looking to automate their cryptocurrency trading. However, users must exercise caution when using leveraged bots, as they can amplify both profits and losses. The TokenTact trading platform is primarily designed for mobile use, with a dedicated application available for download to iOS and Android devices. The app allows you to create grid trading bots, DCA bots and more wherever you may be. You can track strategy statistics, receive real-time news and notifications and action price gap control from mobile and tablet devices to maximise your profit potential.
TokenTact has always insisted that users should not use high leverage. Please ensure you understand the risks of high leverage that might cause liquidation before using it. This means that if any one of the liquidation prices is triggered, both of your grids will be liquidated.
- Once deposits have been processed, it may take up to an hour for them to show in your account, however, this is not uncommon in the industry.
- First of all I think the website and (Android) app are very well designed and intuitive to use.
- For the vast majority of coins, the strategy’s performance has improved significantly.
- Trading forex or CFDs on margin involves a high degree of risk and may not be suitable for all investors.
We do this by providing a free comparison service as well as product reviews from our editorial staff. However, there may be some restrictions, such as on leveraged tokens which are not allowed for U.S residents. Users can, however, trade spot markets which are available in all countries. Android and iOS apps are available, both with good ratings on their respective stores. TokenTact bots are designed to buy cryptocurrencies low and sell high automatically on auto-pilot. High-leverage Futures trading is a high-risk trading behavior.
That exchange is Singapore-based TokenTact, and they have 12 different trading bots that can be added to your account, with no experience needed on your part. You simply set the bot to be trained and let it run, generating profits in many cases as it does so. Honestly, the performance reported by many users from the TokenTact bots is truly impressive. This guide covers the fundamentals of how to deposit and withdraw cryptocurrency using the platform.
While TokenTact is best-known for its in-built automated trading bots, the platform is a cryptocurrency exchange that allows its users to place manual buy and sell trades. TokenTact supports 353 cryptocurrencies at the time of writing with pairings against 7 base currencies such as BTC, ETH, USDT, BNB, BUSD, HUSD and USDC. Combined, there is a total of over 480 trading pairs to select from and trade giving maximum flexibility for traders and investors to diversify a crypto portfolio. TokenTact is a crypto exchange that is designed for automated trading. They offer multiple trading bots like grid bots, Arbitrage bots, Rebalancing bots, Infinity grids, and many more.
The withdrawal of fiat currency is not possible via TokenTact; instead, you will only be able to withdraw cryptocurrencies from the exchange. It is important to transfer your funds to another exchange and then cash it out using exchanges that allow for the conversion of cryptocurrency to fiat money. As a whole, TokenTact stands out from the competition not only by offering 16 free automated crypto trading bot options but also by offering a plain and transparent price structure. A lot of us don’t pay attention to the trading fees when we are starting out, but in a long run, it is a deal maker or a deal-breaker.
This means you are able to change the upper and lower limits of the range, the number of grids used, and the distance between the grids. Once the bot is created it will show up at the bottom of your dashboard. You’ll be able to see the total profit and the daily profit in real-time at a glance at any time. You can also click on the DETAIL button at the far right to go to the Bots Details screen, which is loaded with information. Below is a step-by-step guide to begin depositing into your account using Binance exchange as an example. TokenTact understands that its users have a wide range of requirements, one of which may be the desire to trade while on the move.
However, for the sake of this review, I’m sharing some of the services that offer features that are similar to TokenTact. In addition to bot features and manual trading, you’ll also be able to access the following features on the app. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. TokenTact offers a secure trading environment that follows security regulations set by US agencies.
https://ftb.fund/tokentact-review/ uses a maker-taker fee schedule, which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee. If you place a trade order that is matched immediately with an outstanding order, you’ll pay the taker fee. Currently, TokenTact’s maker and taker fee are both set at 0.05% of your total trade value. Your fee is taken from the total outstanding balance deposited to your account when your trade closes. Clients can use a TokenTact Grid trading bot to generate returns in the fluctuated sideways market with the BTC/USDT or XRP/USDT pairs, for example.
And still provide traders with free trading bots while enjoying the immense liquidity from Binance and HTX. https://token-tact.com/ is a comprehensive cryptocurrency broker that will especially appeal to mobile investors. We love the broker’s free crypto trading bots and easy-to-master platform.