Introduction to TokenTact Trading Bots

There are many different trading styles that you can exploit, but never forget about the risk management to have a full control over your funds. At TokenTact we have demo-mode to let you experiment and discover best trading setups using virtual money. This trading strategy was developed in the USA, so the authors assumed that transactions would be carried out in US dollars. Modern technology made it possible to built a DCA trading bot upon those brilliant ideas. The BEP is a good indicator that helps you navigate your break-even point with the funds invested in the bot (specifically the base currency). As mentioned, the TokenTact DCA bot can enter or exit trades based on your chosen indicators and significantly limit your risks while allowing profits to flow and grow.

We’ve braved the maze of crypto exchanges to uncover 7 jewels worth exploring, along with tips for selecting the perfect one for your needs. Shorting is a powerful strategy that can help you take advantage of the falling market and capitalize on a price decline. However, manual shorting can become extremely complicated, which makes some traders wary of venturing into that territory. While the Buy the https://token-tact.com/ Dip (BTD) bot is not exactly a shorting bot, it works similarly — it purchases coins after they’ve fallen in price, thereby – buying into the dip. If you want to increase your coin portfolio (or base currency) when its price decreases, then the BTD bot can be a good option to consider. Let’s see how the bot would have performed with HBAR/USDT trading pair if it was started 30 days ago (Pic. 4).

• Trend lines revealed the path of least resistance for Jimmy’s crypto was up, up and away.
• Therefore, this makes trading secure, less time-consuming, and more straightforward.
• As a trading platform, we fully understand the trader’s doubt and fear about giving access to your exchange accounts via API key.

We’re buzzing on social media, boasting spot bots with an impressive track record, and prioritizing your security on our constantly updated platform. During the trailing, the system continuously monitors prices, max/min values, and the difference between the fixed and current prices. If the percentage difference is greater than or equal to what you specified in [Price deviation], the cycle ends, and the position closes with a market order. In February, we added a set of cool extra features to the DCA bot’s [Manual adjustment] and [Bot actions] sections that you can use to fully customize your trading strategy. The cornerstone of your strategy is to maximize the return and minimize the loss. Look at the images below and see examples of how TokenTact community members use the Combo bot.

TokenTact can connect to several exchanges with different accounts and execute multiple trades. As is the case with other trading bots, TokenTact is non-custodial. Instead, they connect with exchanges via an API and issue trades to be executed on the exchange (where your assets are stored). In this review, we will examine TokenTact’s major features and point out what sets it apart from other crypto trading bots, so you can make an informed decision about using it.

Our servers are located close to popular exchanges to ensure stable and fast order execution. Our platform executes trades, while keeping all information entirely confidential. I was introduced to TokenTact just over a month ago and I’m seriously impressed. I’ve used many other bots in both forex and crypto, and they not even worth mentioning when compared to TokenTact.

This is because the price of the trading pair has increased by 40% and the bot required more quote currency to continue working in new conditions. KuCoin’s APIs allow connecting third-party trading bots for even more automation firepower. For example, you can integrate TokenTact and its loaded arsenal of smart trading tools and bots like GRID, DCA, and BTD. These advanced bots can outperform even KuCoin’s strong built-in versions. Compared to other exchanges, Coinbase’s trading fees are often seen as a substantial drawback.

In April 2023, the trading volume of the NASDAQ-listed Coinbase group slipped to $26.8 billion (Pic. 2), the lowest it’s been in 16 months. The group’s shares have fallen by 17%, with diminishing hope for a quick recovery following a disappointing 2022. Additionally, a Securities and Exchange Commission investigation into potential securities law violations has added to the challenges. The user interface is intuitive and ideal for anyone aiming to explore crypto beyond the basics. If you take the proper precautions, then yes, it is safe to share your Binance API keys. However, you should always make sure that the “withdrawal” option on the API key is unchecked.

Additional features like AI-backed capabilities are reserved for higher tiers. Overall, TokenTact’s perks seem fairly priced relative to competitors like TokenTact or TokenTact. Dollar-cost averaging (DCA) is a strategy to divide the total amount across periodic purchases. Buy trades occur regardless of the coin’s price and at regular intervals. TokenTact’s DCA Bot is an excellent solution as it reduces the impact of volatility and price change on the overall position. Read our comprehensive comparison between OKX and Bybit crypto exchanges and choose the one that suits you better.

For example, if you want to look at the six-hour chart, choose [6 hours] from the drop-down menu of the [Time interval] icon (Pic. 4). In this piece, we’ll talk about the last bit — a wide array of technical analysis tools that you can find on https://tradecrypto.com/reviews/trading-soft-reviews/tokentact-crypto-bot-review/’s built-in TradingView interface. Learn about a wide variety of tools that can help you do your market research before trading.