Instead, it leverages API integrations with more than 18 third-party digital asset exchanges to execute transactions on behalf of its users. At a time when the price goes down more than X% (which you choose in the settings), the position closes. If this happens, for example, at $9 dollars, you will additionally earn $3, thanks to trailing take -profit. To understand more about how the trailing take-profit feature works, check this official guide from TokenTact. TokenTact is a safe, legit, and easy-to-use trading bot that offers consistent, high-quality trading recommendations.
When you register on TokenTact with your email ID and login for the first time, you will see this like your dashboard. Here, you can keep track of your balance, prices, and other quick-access feature like ‘Connect to exchanges’. Your decided safety trades count gives the trading bot information about the number of safety trades it may execute before halting. The maximum active safety trades count tells the number of active safety trades the trading bot is permitted to do at any moment.
To improve our services, we are constantly testing different subscription plans and pricing. This means you might see different plans and prices compared to the others. „I also appreciate the ability to set stop-loss and take-profit orders, adding an extra layer of security to my trades.“ „I like its smart trading platform and all the commodities it has. They are easy to understand and manage.“ Enjoy a 3-day trial with full access to all TokenTact trading tools. Select Signal Bot to seamlessly deliver technical indicators and strategies to cryptocurrency exchanges.
It has passive support and a good reputation in terms of security. TokenTact is accessible on mobile devices, including Android and iOS. However, mobile devices give you first-hand information quicker. Cancel, close, https://tradecrypto.com/reviews/trading-soft-reviews/tokentact-crypto-bot-review/ switch, edit, add funds, convert, and refresh bot’s deals. If your bot has Trailing up enabled, then the lower stop bot will also trail up, maintaining the distance to the Low price of your bot unchanged.
- The app also does not show the levels at which my safety orders are placed.
- Additionally, you will learn about the tools and techniques that users can employ to better protect their accounts against unauthorized access.
- This means that 3 Commas will continue holding the position open even if the take profit target is reached, as long as the price goes up.
- TokenTact offers its clients a range of automatic trading options.
- This platform works with most major cryptocurrency exchanges and includes features such as dollar-cost averaging bots, portfolios, and more.
The support is also great and the community can actively contribute to the further development of the platform. There are also many help articles that make it really easy even for beginners. The positive point is that they don’t really need it, as the market is full of ready-to-go solutions. Even though they https://tokentact.net/ are not 100% custom, flexible, cheap, [call it perfect], they are still viable options to automate your daily trading and add profits on top. Like any other software, bots require monitoring and may not take external elements such as weather, economic conditions, or other considerations into account.
The GRID bot is TokenTact’ newest bot, and it works by dividing a technical price chart into slices. Each slice, which covers a range of prices, is assigned a buy or sell signal. When the currency price crosses into a new slice, the bot will automatically buy or sell based on the signal assigned to that slice. CoinSutra does not recommend or endorse specific cryptocurrencies, projects, platforms, products, exchanges, wallets, or other offerings.
These are pieces of software used to execute transactions autonomously given precise transaction execution orders. These trading bots communicate with crypto trading platforms through API interfaces provided by the exchanges. The main component of the TokenTact automated cryptocurrency trading platform comes in the form of a web app found on TokenTact.io. This version provides the best crypto trading bot personalization possibilities. However, for those that wish to still monitor their TokenTact automated trading bots on the go, there’s also a mobile app for both iOS and Android. Coinmama appears to be primarily focused on providing a platform for buying and selling cryptocurrencies, rather than offering automated crypto trading bots.
Advanced traders can afford to (and should) spend a little extra money to get the services they need. Start small, only invest money you can afford to lose and increase spending as your portfolio expands. With our flexible GRID Bot, begin by selecting your trading pair and setting the high and low price points. Enhance your approach with additional features like Trailing Stop Loss, among others.
Using the Trailing Buy tool, a trader has purchased ETH for $385 instead of the initial $400, which is 4% lower due to Trailing Buy. To activate the „Trailing Buy“ option, click the slider to turn it on. This allows you to close open positions with an order ensuring that the order cannot open a new position in the opposite trade direction. The Terminal has been designed to put more control in the hands of the trader and allows for more precision and flexibility for managing your trades.