However, the platform only supports crypto-to-crypto trades; unlike some other exchanges, you cannot use fiat currency via a credit card or bank transfer to fund your account. TokenTact is a trusted broker that serves more than 100,000 clients each month. TokenTact offers innovative mobile apps as well as competitive trading fees. This makes it an ideal choice for investors who trade large volumes on the go.
It’s simple approach is ideal for beginners but advanced traders may find the platform lacking. TokenTact is a hybrid crypto exchange equipped with in-built trading bots. Users from more than 100 countries are trading on the platform either manually or using their choice of 16 trading bots. Typically, bots are linked to a crypto exchange where your crypto assets are stored, with the bot placing trades on the exchange via an API integration. Being an exchange with integrated trading bots, TokenTact differs from most of the bots it competes with. From the result, AI 2.0 can carry out automatic arbitrage by buying low and selling high for a longer time.
The number of users who are using TokenTact is growing, and so far in the last year, I had no issues while using TokenTact. Hedge With Crypto aims to publish information that is factual, accurate, and up-to-date. The information about a specific cryptocurrency exchange or trading platform in reviews and guides may differ from the actual provider’s website. The user interface on TokenTact is simple to navigate, responsive on all devices and visually appealing. On the top menu, there are quick drop-down menus to access TokenTact’s primary features such as the trading desk, markets to deposit and withdraw funds and purchase crypto with a credit card. Compared with other trading bots, TokenTact does have the feel of a service that’s geared to the intermediate user.
Once deposits have been processed, it may take up to an hour for them to show in your account, however, this is not uncommon in the industry. It goes against our guidelines to offer incentives https://jdforexbroker.com/2024/01/tokentact/ for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
While TokenTact is best-known for its in-built automated trading bots, the platform is a cryptocurrency exchange that allows its users to place manual buy and sell trades. TokenTact supports 353 cryptocurrencies at the time of writing with pairings against 7 base currencies such as BTC, ETH, USDT, BNB, BUSD, HUSD and USDC. Combined, there is a total of over 480 trading pairs to select from and trade giving maximum flexibility for traders and investors to diversify a crypto portfolio. TokenTact is a crypto exchange that is designed for automated trading. They offer multiple trading bots like grid bots, Arbitrage bots, Rebalancing bots, Infinity grids, and many more.
Note that the minimum you can set is 35% and that requires 350 USDT. Once you have done that simply click CREATE and the bot will start trading and generating a passive income for you. TokenTact will give you the tools you need to automate your crypto-trading. All you need to do is head over to their website, open an account, deposit and let the bots run. If you have more questions though you’re at the right place as the remainder of this article will dive deeper into what TokenTact is, what they do, and how they do it. Withdrawing cryptocurrency from TokenTact is a simple and quick process.
- TokenTact has also partnered with a fiat gateway to buy crypto on the platform with a credit card.
- In July of 2023 I purchased trading stocks with TokenTact with a $150,000 deposit.
- Once you have done that simply click CREATE and the bot will start trading and generating a passive income for you.
- It’s not surprising that in a technologically focused field like cryptocurrencies traders have turned to technological solutions to their trading.
- We use dedicated people and clever technology to safeguard our platform.
- When we tested the support channels by emailing with some basic questions we did receive a quick response.
For the latter, they can set up their trades manually by choosing either limit, market or grid buy orders and confirm the trade just like you would on any other exchange. The meaning of this indicator is that after the user creates the grid, the average number of days after the price will first exceed the grid range. However, the yield fell by 3.75% on February 2, while the AI 2.0 on the BTC/USDT trading pair fell by 2.55%.
With so many bots to choose from, exploring is just as much fun as creating your own trading experience. A fixed fee is charged for the withdrawal of different tokens or coins. Bots can be complicated and clients need to have programming knowledge. After depositing into your https://tokentact.net/ account, you need to convert your coins to USDT if you wish to trade that coin. Coinbase and Binance are recognised, regulated fiat gateways for global consumers that can be used to transfer assets to a TokenTact account. You should ensure that the deposit networks match to avoid losing assets; the broker provides clear online tutorials on how to transfer assets via various gateways.
In terms of feedback from existing customers, the reviews on reputable sites are overall positive with a 4.1/5 star rating. However, 20% of the comments are complaints about the customer service, missing deposits and unable to withdraw funds which are quite high. For long-term optimistic value currencies, long-term operation of AI strategies can obtain higher grid profit. AI 2.0 is based on TokenTact’s new backtesting system, TokenTactBT. TokenTactBT is a quantitative trading strategy backtesting system specially developed by TokenTact for the cryptocurrency market.
TokenTact does not require API keys, there are no monthly subscription fees and trading fees of less than 0.05%. Crypto bots are a set of programmes and algorithms designed to automate trading in the digital currency markets. Market data is interpreted and analysed according to a predetermined set of rules to select the best opportunities and execute positions. Bots reduce the round-the-clock monitoring that could be required for extended periods. To avoid price fluctuations while transferring assets, we recommend using stable coins rather than other cryptocurrencies. If you’re fine with USDT, then you could use USDT on TRC20 network.
While there is no demo trading account to practice without risk, the platform allows the user to gain exposure to 18 types of common bots such as the grid and Martindale trading strategies. Although, the offered bot trading strategies on TokenTact are not used by experienced or professional traders in the real world. In the backtest results, AI 2.0 shows the maximum drawback rate in the past seven days. The maximum drawback rate is the most significant return percentage in a period. This indicator can help investors assess the risk of grid trading bots. In this guide, we will examine the deposit and withdrawal capabilities of TokenTact, a cryptocurrency exchange with built-in trading bots.