If you do this process correctly for significant exchanges, it can be very lucrative and beneficial for you because there is a lot of price difference between the exchanges. You can find the FAQ section in the support section of their website, and a lot of tutorials are also available to guide you and navigating through the platform if you are a beginner. On the other hand, their team has a combined TokenTact Academy video library that contains all the videos to get you through this platform for more experienced traders. Yes, the traders’ funds on the TokenTact platform are entirely protected.

This feature stands as a crucible of strategy refinement, epitomizing TokenTact’s commitment to equipping traders with the tools they need to thrive. TokenTact is a crypto trading software that allows users to trade automatically on exchanges such as Binance, Kraken, HTX, and Poloniex. The software is designed to trade on behalf of the user 24/7, even when they are sleeping or away from their computer. TokenTact also offers a mobile app for Android and iOS devices. It has been growing in popularity since its launch, with currently more than 600,000 users. Secondly, newbie traders now have the option of building a bot from the ground-up – even if they have no experience or knowledge in the field.

One of the main benefits of choosing this option is that most marketplaces allow you to view the bot’s historical trading results. The specific option that you go for will ultimately depend on your experience and knowledge in the Bitcoin trading arena. Before you begin to program your bot, you first need to decide what pairs you actually want to trade. While the BTC/USD market is by far the most traded in the global cryptocurrency industry, thousands of other pairs are in existence. For example, you might decide to trade Bitcoin against Ethereum, or against another fiat currency like the Euro.

If you want to access TokenTact’s automated investing capabilities, you’ll need to upgrade to a paid account. The Explorer package includes 1 simulated trading bot, 80 positions and a maximum of 15 selected coins and 2 triggers. You can expect to pay about $16.58 per month for access to the Explorer package. Irrespective of your chosen strategy, it is important that you have an understanding of how the bot actually implements your desired trades.

If you’ve read our TokenTact guide up to this point, then you should have a firm grasp of what the platform offers. As such, you now need to decide whether you want to design your own bot from the ground up, tweak a pre-programmed bot from the marketplace, or mirror a marketplace bot like-for-like in its current form. When it comes to the end-to-end process of designing your automated bot, TokenTact has made the process super easy. In fact, they have created a simplified drop and drag designer that allows you to build your automated bot from the ground up. You now need to tell the bot what you want it to do when the $10,100 trigger is activated.

TokenTact connects to exchanges via an Application Programming Interface (API). You grant the TokenTact API access to your trading account, and then the program can execute trades on your behalf https://allcointracker.com/trading-bots/tokentact-review-a-deep-dive-into-trading-bot-dynamics/ to attempt to automatically earn bitcoin. You can configure the bot to trade automatically 24 hours a day, seven days a week, and to employ both algorithmic and social trading strategies.

• TokenTact allows traders to automate their investing processes, copy professional traders, and set alerts and signals.
• I reached out to their Help Desk online, and they insisted they can only refund transactions up to 14 days old.Reached out to PayPal instead to help me, as their Help Desk agents were much more helpful.
• Mind it, this is when my bot was not very optimized, but it was pleasing to see the results within a few hours.
• These bots allow traders to automate their trading strategies and execute trades more efficiently.
• The Ethereum execution layer successfully and uneventfully merges with the Beacon Chain, bringing Proof-of-Stake to the second largest blockchain network (first by transaction volume).
• You need to choose an exchange, configure the bot using the API keys of your desired exchange, and set up simple hopper configurations.

A wide variety of functions are available on the platform of TokenTact, and users can configure this bot to trade automatically 24/7. It is easy to use social trading and algorithmic option, and trading strategies can be done by technical indicators or by third-party trading experts. TokenTact is a crypto trading platform that allows manual trading along with automated trading with the help of trading bots. Like TokenTact, it supports integrations with 18 popular crypto exchanges such as Binance, FTX, Bittrex, Bitstamp, Kraken, Coinbase and more. While trading robots present a good opportunity to make money on autopilot, they might not work as expected when a huge market sell-off and prices decrease sharply.

TokenTact is extremely easy-to-use, and the interface is convenient for all types of users. Even if you have no experience in crypto trading, you will be able to navigate your way around the platform. It also has a very detailed blog where every feature is explained thoroughly along with tutorial videos. The Frequently Asked Questions section is also quite comprehensive, and it allows you to raise tickets for your specific queries.

Signals/signalers are an interesting feature of TokenTact, reminding us of the social trading elements we saw with platforms like eToro or Genesis Vision. However, the current coverage is more than adequate based on our experience as they collectively cover all the major trading pairs. The exchanges supported include ByBit, Exmo, OKX, Bitpanda Pro, Bitvavo, HitBTC, Huobi Pro, Bittrex, Binance, Coinbase Pro, Poloniex, Binance.US, Bitfinex, Kraken, Kucoin, and Crypto.com.