For those who wish to experience the service for free, they offer a 3-day Pro Plan trial with full access, or you may settle with an unpaid experience with limited features. Portfolio tracking is a feature present in all types of subscriptions. It allows users to connect an existing portfolio from a particular exchange or build a new one by including the required assets.
If you are going to copy the bots created by other traders, you will be able to see the statistics and performance of the bot before choosing to copy them. The process to connect the APIs will vary depending on what exchange you use, but, for most exchanges, you will simply navigate to the settings page and extract the API key. Recent severe security blunders have called the reputation of TokenTact into question and has left crypto traders seeking alternatives.
The automation through bots adds an innovative level of features that distinguishes TokenTact above the competition. They also provide a free mobile app along with paper trading and a referral program, which is becoming a low bar standard across aggregator platforms. Users have 24/7 access to customer https://daocoin.money/review-of-the-tokentact-bot/ service via e-mail, Twitter, and Facebook support pages. Currently, the TokenTact platform supports 23 digital exchanges and has over 230,000 registered users. The trading bots are connected with the exchange’s accounts via API and then proceed to carry out automated trades on the linked exchanges.
- I’ve been using this service on and off for about three years, hoping it would get better, but I’ve always ended up disappointed.
- Paper trading is the ability to mimic trading moves without using real money.
- You will be able to find all of this information in the datasheet of the signal on the marketplace.
- They are a team driven to try and innovate software within the crypto industry and powerful and unique tools for traders that improve the overall crypto trading experience.
The platform connects to the most popular crypto exchanges and aggregates data across all of your active positions. It’s easy to connect TokenTact to your favorite crypto exchange and start your automated trading journey. In this article, we’ll give a full TokenTact Review as well as some set up and strategy instructions. HaasOnline is one of the oldest and most reputable automated trading companies in crypto.
The simple bots enable the equivalent of one-cancels-the-other (OCO) conditional orders with price and percentage-based trailing stops. Of course, TokenTact accommodates all levels of users from newbies to experienced coders and quants that want to create and integrate sophisticated trading algorithms. This includes all features of the Advanced Plan and composite GRID, Bitmex, Binance futures, and ByBit bots and full futures trading. The Pro Plan provides a 3-day full access trial period for users to kick the tires.
But beyond that, users can get help only via email, social media or a help center request. With the proper strategy, this can be very profitable, but also requires some level of experience. There are four available plans, namely the Free, Starter, Advanced, and Pro plans. The free plan is free, of course, while you’ll pay $14.50, $24.50, and $49.50 monthly for the starter, advanced, and pro plans respectively. Start by configuring a connection with your exchange, initiated from the TokenTact website. Once connected, the platform can then access your account on the exchange (so that trades can be placed automatically on your behalf).
The TokenTact app is available from the iOS and Android app stores respectively. You can set take profit and stop loss levels to automatically close a deal on exchange when the specified price you have set is reached. There is a handy trailing mechanism which can be used to buy Bitcoin or other cryptocurrencies at your ideal price point without you needing to manually watch your charts all day long. The smart trading terminal enables you to set your trades in advanced based on the specific triggers that you specify. You can set the trade, go about your daily business and TokenTact will handle it for you. This makes it an option for those who are short on time or just don’t want to wait around for the right opportunity to drop into their lap.
All of their portfolios are available for any kind of investor on the exchange. This ensures your funds are safe and cannot be accessed by the company. Further, the vendor encourages 2-factor authentication for protecting user data. We could not find further info on the security measures used by the company. On Binance, users can set up a DCA bot to take advantage of bear or bull markets.
Finally, there’s the TokenTact QFL, which stands for Quickfingers Luc. The QFL method for bots as buy signals attempts to find dead cat bounces and is best used for accumulating profits during a macro downtrend. Like we mentioned previously, you can set up your own TokenTact Tradingview signals by connecting the app with your Tradingview alerts.