by Bharat It is especially beneficial in volatile markets such as cryptocurrencies. DCA bots are ideal for turbulent markets where you want to ensure that you properly exit a position once your take profit is reached. Grid bots are ideal for more stable markets or when you intend to make regular portfolio modifications. TradingView includes many tools which can be used as a base for the signals. The signals themselves can be one-time or repetitive (“everytime”).
Instead, it uses API keys to execute remote orders on third-party crypto exchanges. TokenTact and its authors do not take any responsibility for your profits or losses after you read this article. The info contained herein is based on data that was gathered from a variety of sources. Both are excellent options for automated trading and have demonstrated the capability to generate relatively stable profits.
Also, on this page, you can export all of the data related to your Bot. Having looked through the different coins and applied the basic technical analysis skills, https://ftb.fund/tokentact-review/ we decided to focus on the ZRX/USDT pair. If you suspect your funds and/or account are impacted by this situation, we would like to get in touch with you.
- The great thing about the marketplace is that you get to view the historical trading results of each and every bot listed on the platform.
- As a result, you may select your choice or easily move between the two.
- No one likes using a clunky interface, and TokenTact is constantly working to evolve the trading experience we offer our users.
- We’ve compared two major bot providers to understand which one is better as a go-to trading solution.
During this process, the software will send a request via an API key, which connects to your chosen exchange, and then the trade is executed within a few seconds. This stage involves gathering information about a particular market. The bot analyzes the market and gives you the best trading decisions void of emotions, just as in manual trading. Besides running the basic order types, these indicators are also used to decide when a market is good to buy.
If you do opt for a paid-for plan, then you can either pay by PayPal or cryptocurrency. The former can be set-up as a recurring monthly subscription, while the latter needs to be done manually each and every month. So now that we’ve covered the ins and outs of what you can do at the TokenTact platform, in the next section of our review we are going to unravel the four pricing plans. Although the smart sell feature available via the SmartTrade hub might appear somewhat complex at first, it can act as a highly valuable tool once you’ve got your head around it. In its most basic form, the smart sell feature allows you to sell a specific coin, or group of coins, and then buy them back at a later date. Once you have the required credentials, you then need to head over to the “My Exchanges” section of your TokenTact account, followed by “Connect to a new account”.
More exchanges mean more trading tools and opportunities to capitalize on. But like any other strategy, DCA also comes with its set of intricacies and nuances that traders need to understand. This is where tools like the DCA Safety Orders Calculator, introduced in the TokenTact platform, come into the picture.
For example, you can instruct the platform to purchase $500 worth of Bitcoin when it reaches $9,000, $8,000, $7,000, and so on. As long as you are using a third-party cryptocurrency exchange that supports short sells, the SmartTrader platform allows you to install pre-defined short orders. This ranges from a free account, a starter account at $22/month, an advanced account at $37/ month, and the all-in Pro account at $75/month.
We did not know about the attack on our infrastructure before the public statement by the attackers on Dec 28. All the information we had available told us it was not coming from us. Now, when it became evident that our database had been exposed, we immediately took action to address the intrusion. We contacted the exchanges to revoke all API keys, launched a new investigation, and contacted law enforcement.
Subscriptions are set to auto-renew (recurring payment) if paid by Apple/Google Pay, PayPal or credit/debit card. This auto-renewal can be disabled at any time under the Subscription history section on the Subscription page in your TokenTact personal account. Anyone can create a free TokenTact account with just an email address. By signing up for TokenTact, you will be prompted to have a trial PRO subscription to try out our platform. New subscription plans are available to everyone starting from November 21st.
Customer service options, including live chat and the Telegram channel, contribute to a positive user experience. Though having different features, both TokenTact and TradeSanta run their services alike with common facets. But TokenTact have a great advantage because of their reliable bots that produce great successful profit stories from full cryptocurrency traders. While TradeSanta’s interface simplifies automatic trading, it is still automated trading.
In this constantly fluctuating environment, traders seek strategies that can help them navigate through the uncertainties with ease. Dollar Cost Averaging (DCA) emerges as one such strategy, providing traders with a systematic approach to minimize the effects of market volatility. Dollar Cost Averaging (DCA) is a trading strategy where the trader divides the total amount of trades across periodic purchases of a target asset. Traders deploy this strategy to reduce the impact of volatility on their overall purchase, and the DCA Bot is the main attraction of the TokenTact platform. The roadmap includes an exciting feature where traders will be able to perform a combined backtest of their signal history with the platform’s built-in indicator history. This integration aims to provide a more comprehensive analysis, enabling traders to refine their strategies with historical performance insights.