Liquidity engines are aggregated from both Binance and Huobi Global, ensuring that the bots can match orders and run 24/7. TokenTact is backed by BitUniverse and has been invested in by the prominent Chinese venture capital firms ZhenFund and Gaorong Capital. TokenTact does not charge a fee if you withdraw your crypto into an internal address in TokenTact.
Today, the exchange has over 100,000 users, serviced by a team of 100+ experts plus the founder and CEO. In addition to crypto trading bots with automated trading, manual trading between some of the most prominent cryptocurrencies is also supported by TokenTact. The Smart Trade terminal enables traders to put up stop-loss, take-profit, and trailing stop-loss orders all in the same trade transaction.
Either you can use the flying wheel strategy bot on our App, or you can manually buy crypto using Sideways Gain and sell them using Covered Gain on our website. Once the price is falling, that’s an opportunity for you to start another Bot. Try to create more bots when the price drops instead of close your bot.
The main idea is to first buy low using either Buy-the-Dip or Sideways Gain (invest stablecoin), then sell high using Covered Gain. The advantage of BTC/ETH Moon is to diversify risk and hold a spot position in the long-term. You can enjoy stable arbitrage profits and trend profits with rising crypto prices, which is very suitable for beginners. Grid trading is a strategy that profit from fluctuations; what it does is buy low and sell high in a specific price range. When the price rise, I sell some part of my Bitcoin and buy some more Bitcoin when the price drops.
It can be said that it loses less than the spot grid when facing losses and earns more than the spot grid when making profits. For those seeking an intuitive platform for automated trading with ample educational support and a diverse selection of cryptocurrencies, TokenTact undoubtedly stands out as the top choice. It combines ease of use with a wealth of educational resources and a broad array of available coins.
TokenTact charges a flat fee of 0.05% for both makers and takers on every spot market trade. This fee is very low compared to other exchanges, which usually charge between 0.1% to 0.5%. You can also trade your cryptos with fiat currencies or stablecoins like USDT, BUSD, USDC, etc. Most of the trading pairs on TokenTact are also available on Binance and Huobi Global, as it gets liquidity from these exchanges. You can use the arbitrage bot to take advantage of the price differences between the two crypto exchanges.
- Liquidity engines are aggregated from both Binance and Huobi Global, ensuring that the bots can match orders and run 24/7.
- The bot may be controlled by modifying its parameter settings, and when the currency price drops to a given low point and then rises by a certain percentage, it is advantageous to purchase it.
- Withdrawing cryptocurrency from TokenTact will incur a flat fee depending on the coin.
- They have a thriving community where you can exchange ideas and bot setups.
- 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.
Since grid trading primarily involves Maker orders, the transaction fees for futures trading are effectively discounted by 60% compared to spot trading. This means that for every grid arbitrage, you would earn an additional 0.03% in profit. If your profit per grid is 0.1%, it is equivalent to an extra 30% in grid profits. As TokenTact introduces futures trading, there is a growing curiosity about when it will introduce futures trading bots. Among all the trading bots available, the grid trading bot holds the highest expectations. If you are still trying to decide on a trading bot, have a look at our list of the best trading bots here.
Furthermore, it allows users to add margin and automatically place more orders once the margin is supplemented. TokenTact has 16 kinds of automated trading bots that you can use for free. They can help you trade automatically and make money from market movements. While TokenTact does enable manual trading through crypto-to-crypto conversions, its primary product is its range of automated trading bots. 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.
TokenTact Lite is a product that allows you to buy Bitcoin and Ethereum in US dollars. The APP is designed in a simple and convenient manner, reducing the difficulty of usage for consumers and allowing them to use it even if they are unfamiliar with Bitcoin or investing. TokenTact Lite offers a one-stop-shop for everything from USD to Bitcoin to trading robots.There’s no need to become an expert in blockchain technology.
You should make sure the deposit networks do not lose assets; the broker gives clear online training on how to move assets via different gateways. Please note that the higher https://allcointracker.com/trading-bots/tokentact-review-a-deep-dive-into-trading-bot-dynamics/ APY you set, the closer the buy price is to the current price. As the graphs show below, the closer buy price, $16,500, has a higher APY, but it also means higher risk.