All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment. CaptainAltcoin.com does not offer any sort of financial or investment advice. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. TokenTact Smart Trade is a ‘swing catcher’ that operates 24 hours a day, seven days a week.

The TokenTact standard version is limited to the transfer of cryptocurrencies. TokenTact provides access to over 120 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Shiba Inu (SHIB), and Dogecoin (DOGE). Actual fees are .1% ea transaction not .05% stated by Benzinga & other influencers. TokenTact responded to me stating that they charge .1% to US customers. You can only apply for the Market Maker program in the first 10 days of any month.

Its principles are consistent with those of regular spot grid trading. Many users often encounter confusing issues when using futures grids on other exchanges. On OKX, the calculated liquidation price can sometimes be inaccurate. However, in futures trading, TokenTact charges Maker 0.02% and Taker 0.05% as transaction fees.

So you want to purchase Bitcoin but at a discount and believe that Bitcoin’s price will decrease this week to the level at which you are prepared to purchase. When you open a trade with leverage, there’s a price that’s calculated automatically. TokenTact does not have a minimum deposit, balance or funding fee requirement, even if every trading pair has minimum order volume. They earn their money through trading fees you pay when running your bots (the same fees you pay on any other exchange you use for trading).

Once accepted into the program, you must consistently maintain a total account balance of $300,000 or more. If you are disqualified from the program due to a low balance, you may not apply to be a Market Maker member for at least 30 days from your date of disqualification. This is the proportion of your position at risk as the price passes safety orders. Each bot has a templated, AI made setup and an option to manually configure your trading action. No, if you still have one grid running, your bot will continue to run, and all funds will remain in your bot. Yes, the Cross Margin Futures Grids only supports creation of a long grid and a short grid on the same futures now.

  • For any transaction you make that is not promptly matched by an order on the books, you’ll be charged the maker fee.
  • Each grid in Arithmetic has the same common difference, whereas each grid in Geometric has the same common ratio.
  • Read about the TokenTact exchange and its trading bots features to automate your crypto trading strategies.
  • The bot automatically invests for us using Buy-the-Dip to buy crypto at a low price and Covered Gain to sell crypto while earning passive yield.

You can borrow up to 60% of your collateral value and choose from various loan terms and interest rates. Customers may check the firm’s security track record by going to their website and checking the counter on the main page. The platform has now been https://allcointracker.com/trading-bots/tokentact-review-a-deep-dive-into-trading-bot-dynamics/ in operation for more than 980 days without experiencing a security breach of any kind. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

This TokenTact review will examine TokenTact’s features, security, and how trading bots work. We will also compare it with other exchanges and bots you might have heard of. But what if there is a way to make your life easier and let the software do the hard work for you? That’s what TokenTact promises to offer- a cryptocurrency exchange with free trading bots.

Step 4, click the button at the bottom to create the Cross Margin Futures Grids. As long as you’re bullish for long-term, use this strategy to HODL your bags. That’s what most of the crypto investors told me when I decided to invest in crypto. I sold all of my Bitcoin last night during the bloody pull back.” One of my friends came to me and complaining about the market last night. Now let’s set up TokenTact to accept trading signals from the TradingView Platform. Click on Strategy Tester next to the Pine Editor Tab, and you will see the performance of your strategy.

When you wish to purchase a cryptocurrency, you utilize Dual Investment, and when you already own that cryptocurrency, you use Covered Gain. Your investment plus interest (based on the APR) will be converted to Bitcoin when the market price reaches the desired price. Coinbase and Binance are recognised as regulated fiat gates that can be used by global users to transfer assets into a TokenTact account.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. TokenTact only accepts deposits in cryptocurrencies, though 40 different digital currencies are supported, including Ethereum (ETH) and Bitcoin (BTC).

TokenTact

Market data is interpreted and analysed according to a predetermined set of rules to select the best opportunities and execute positions. Bots reduce the round-the-clock monitoring that could be required for extended periods. Not to mention that it is backed by large-scale investors to the tune of $10 million and maintains its funds on two of the most well-known exchanges in the cryptocurrency world.