TokenTact Crypto Bot Review: Supports Trading on Various Exchanges

They also have a custom, enterprise plan that requires direct contact with the team to arrange it. This AI bot adjusts itself to market conditions and with a proper set up https://ftb.fund/tokentact-review/ can be super-efficient in raking up the profits for you. Well, it’s a platform that helps you trade cryptocurrencies smarter and maybe even sleep a little better at night.

TokenTact review

The goal of the platform is to help users grow their crypto portfolio in any market conditions using automated strategies either created by the user or copied from other users of the platform. The next step in the process is creating your stop loss and take profit functions. The platform will manage your crypto portfolio across multiple exchanges in real-time. The smart trade feature simplifies the monitoring process for crypto traders by locking in your profits and reducing your losses. The TokenTact trading platform provides a marketplace of crypto trading signals upon which users can base their trading bots. Some of these signals are free, while others require a paid subscription.

  • Note that the TokenTact price does not include TokenTact bot usage fees or the trading fees from the exchanges themselves.
  • Unlike most other platforms that focus on signals, indicators, and other technical elements, Shrimpy has grown a community that focuses on the actual traders.
  • These partnerships make it possible for TokenTact trading bots to operate on some of the largest exchanges in the world via API protocol.
  • Once it is configured by a user, the TokenTact bot will trade automatically on exchanges with a client’s account.
  • Soon after, TokenTact’ official Twitter handle and CEO/founder also confirmed the hack and stated that it affected TokenTact users’ API keys across all exchanges.

TokenTact is a crypto trading platform that offers novices and experts tools to become a profitable crypto trader. Its range of educational resources, dashboard to track your different exchanges and library of bots and algorithms can give you a major edge. However, due to the poor security track record, we would consider taking a look at our Top 5 Crypto Trading Bots article to find an alternative. TokenTact offers a large number of automated trading tools, bots, and advanced settings for manual traders. The team behind the project set out with the aim of creating tools that help traders minimize their risks while maximizing their profits. For more than five years, TokenTact has been iterating and improving its core proposition, making it one of the leading automated cryptocurrency trading services in the market.

Traders can also set take-profit targets and trailing stop-loss orders, which can help to maximize profits and minimize losses. The HODL Bot automates this strategy by purchasing a specified cryptocurrency asset at a predetermined price and then holding onto it for a set period, usually several months or longer. If the price of the cryptocurrency increases, the GRID Bot will sell the cryptocurrency at a profit and then buy it back at a lower price or vice versa. In this TokenTact review, we’ll take a closer look at what it has to offer and whether it’s worth using for your own crypto trading needs. TokenTact took has closed all deals without permission, the api key upgrade generate a lot of losses because deals were closed5 days i have opened a ticket.NO response from support… One of the best bots that are currently available using TokenTact is the “Dollar-Cost” averaging bot.

At each level, the bot places a buy or sell Limit Order, allowing you to buy or sell depending on the direction of the price. In fact, if you know how to create alerts on Tradingview, you are actually very close to creating your own TokenTact tradingview bot. The main advantage of this TokenTact signals bot is that you can use an advanced TokenTact strategy Tradingview that isn’t included in the bot creation wizard. For instance, if the price moves under your initial purchase level, the bot will buy more assets, reducing the average price. At the same time, the take profit level is lowered to correspond to the new average purchase price.

It should be enough for you to make a wise decision about the robot. Amy Griffin enjoys writing about social media, other marketing strategies, and finance. Some of her best-known work includes educational content related to finance and economics. Gunjan is a freelance writer and actively focusing on writing content related to blockchain technology and cryptocurrencies.

There was a time that this company could be trusted and folks were making money. I stuck with them during the API key debacle (which is frankly unforgivable) and decided to give them a 2nd chance. After a week on the Advanced level, because of that hassle, they offered to give me 1 month of PRO service – and provided a promo code which I applied. When that month of Pro service expired, my account was reset to the Free tier with a small balance remaining on my account rather than the Advanced tier with 11 months remaining. Finally, an agent tells me that they are unable to correct this because payments are handled through a 3rd party and they don’t have permission from management to fix these mistakes.

Navigate to the subscription page using the link on the left navigation bar. Tap or click on [Subscription], then choose the package preferable to you. Once you have copied the two pieces of information, click on the [Connect] button. API permissions can be edited from your specific exchange’s API management page. Next, copy the API Key provided and its secret key, then paste them into the TokenTact link exchange page as shown here.

Support channels include live chat, email, and a comprehensive FAQ section on their website. Beyond customer support, TokenTact has cultivated an active community of traders. Users can exchange ideas, strategies, and experiences on the platform’s forum and social media channels, fostering a collaborative and supportive environment. This strong emphasis on community engagement and customer service significantly enhances the user experience, further solidifying TokenTact’ standing in the cryptocurrency trading landscape.

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