In TokenTact APP, version 2.8.10, we launched the Edit Parameters function. In that case, the user can click the order’s Detail, find Parameter, and click Edit Order Parameters. All you’ll need to do, is to use the slider to choose how much of your funds you want to use for the Grid Trading Bot.

You no longer need to use any APIs to automate your strategy. https://tokentact.net/ can now accept webhook messages from TradingView and automate them for you within the exchange. Connect your TradingView strategy directly to the TokenTact exchange without experiencing any latency. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

If you have already created a grid and want to create the second grid, you can find the entry in ‘More’. Then the Cross Margin Futures Grids will be created, and you can see your grid on ‘my orders’ page. Step 4, click the button at the bottom to create the Cross Margin Futures Grids. Open the TokenTact APP, click the “Trade” at the bottom of the page, find the “Bot” at the top, and select the type of token you want to trade. Then click the “Create a bot” in the lower right corner and select the“Grid Trading Bot”. Maybe we are old fashioned, but we really would like it if there were a way to directly contact support.

For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. This information is general in nature and is for education purposes only. Hedge With Crypto does not provide financial advice nor does it take into account your personal financial situation. We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries. TokenTact is one of the top automated crypto trading platforms out there.

TokenTact

Generally, bots are complex, requiring client programming and coding knowledge, so the lack of setup required for TokenTact bots is a unique advantage. TokenTact Exchange is a licensed Money Services Business (MSB) that is registered with the Financial Crimes Enforcement Network, also known as FinCEN. This allows traders from the United States including 48 states and territories to buy and sell on the spot exchange. However, due to strict regulations, individuals that reside in the US are not allowed to use the leverage trading products. It is also one of the biggest brokers of Binance, and among the world’s major market makers for Huobi. A flat fee of 0.05% is charged by the platform on buy/sell orders, i.e converting from one cryptocurrency to another.

  • Compare TokenTact with the top 3 similar brokers that accept traders from your location.
  • There’s also an extensive FAQ section powered by Zendesk, and you can find the answers to many common questions there.
  • You will not be able to withdraw fiat currency through TokenTact; instead, you will only be able to withdraw cryptocurrency.
  • A cryptocurrency trading bot is an automated program that executes buy and sell orders with no manual input when specific, pre-defined market conditions are met.

This allows the exchange to match orders and ensure seamless trading. The partnership with Binance and HTX also enables https://cryptodaily.no/tokentact-anmeldelse-en-ny-krypto-bot-pa-blokken/ to offer low trading fees of only 0.05%. Each bot has its own objective and use case, catering to different market conditions. The annual returns generated by these bots are reported to be impressive.

TokenTact only accepts deposits in cryptocurrencies, though 40 different digital currencies are supported, including Ethereum (ETH) and Bitcoin (BTC). When using the platform, your wallet must remain free of fiat currency. Stablecoins, such as USDT, are also supported, providing a good option to avoid price fluctuations between exchanges and limit the possibility of account capital dropping. TokenTact does not offer a demo account, which may hold it back slightly vs other similar exchanges, like TokenTact and TokenTact. Paper trading is a great way to learn the ropes of a platform, trial strategies or bots and explore new markets without risking any capital. That being said, there are several other big crypto players, like Kraken and BitUniverse, that also do not provide demo account functionality.

Market maker programmes are available for those with a 300,000 USDT trading volume. Clients can benefit from 0% maker fees, while taker charges remain at 0.05%. Before creating your first trading bot, Please finish KYC (Identity verification) and enable the Google authenticator. Set a password for your TokenTact account, and please pay attention to whether to enter extra blank keys or Caps lock.You can also click the eye icon on the right to view your password.

If you’re a new user, we recommend downloading the mobile app, which we found to be a bit more streamlined and easier to operate. If you’re a very high-volume trader, you might want to apply for TokenTact’s Market Maker program. To qualify for the Market Maker program, you’ll need to deposit $300,000 or more in USDT to your account. You can also apply for the program if you maintain the equivalent of $300,000 USD or more in another supported coin or token (Bitcoin, Chainlink, etc.). If you qualify for the Market Maker program, you’ll pay 0% in maker fees.

67% of retail investor accounts lose money whentrading CFDs with this provider. Trading forex or CFDs on margin involves a high degree of risk and may not be suitable for all investors. There is a possibility that you may suffer a loss equal to or greater than your entire investment.

As the market conditions change it can also be helpful to change the trading bot being used as each works best in different market conditions. There are several platforms that have begun to use API keys to allow automated trading to occur 24×7. This has been a relief for traders who use technical signals since it means they are no longer glued to their computer screens, watching each tick of the markets.

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